About Nvoicepay
Nvoicepay is a payables automation solution that streamlines all your invoice payments into a single digital workflow, across multiple locations, bank accounts, payment methods, and approval hierarchies. When its time for a payment run, you submit and approve payments in our software, then Nvoicepay pays vendors according to their remit-to instructions and in their preferred method. We manage payment data for all of your vendors and proactively reach out to resolve unprocessed payments.
Unlike banks and other providers, we assume liability for executing payments correctly, indemnifying our customers against potential loss from payment/vendor fraud. The sensitive data we manage on behalf of customers and their vendors are stored in accordance with SOC compliance standards.
Our solution deploys within 60-90 days for a typical enterprise customer, and offers integration with various third-party applications such as NetSuite, Microsoft Dynamics GP, Viewpoint, CDK Drive, and more. Nvoicepay is best suited to complex/multi-location (mid-market to enterprise) organizations in automotive, construction, hospitality, healthcare, manufacturing, technology, education, wholesale, and distribution industries.
Pricing starting from:
N/A
- Free Trial
- Subscription
Key benefits of Nvoicepay
- Streamline payables: We offer one process for your invoice payments
- Never touch payment data: We maintain payment data for 800,000 shared vendors, including new vendors as you need to pay them
- Offload fraud risk: We indemnify you against potential loss
- Get started quickly: Average time to get up and running is 60-90 days, with little to no IT involvement
Devices
Business size
Markets
Supported Languages
Pricing starting from:
N/A
- Free Trial
- Subscription
Images
Features
Total features of Nvoicepay: 22
- Approval Process Control
- Audit Trail
- Bank Reconciliation
- Billing & Invoicing
- Cash Management
- Compliance Management
- Data Storage Management
- Duplicate Detection
- Duplicate Payment Alert
- Electronic Payments
- Fraud Detection
- Invoice Management
- Invoice Processing
- Payments Disbursement
- Remote Control
- Risk Alerts
- Secure Data Storage
- Supplier Management
- Supplier Qualification
- Traceability
- Transaction History
- Vendor Management
Alternatives
SAP Concur
MYOB Essentials
PDCflow
Nexus
Reviews
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
Our Experience With NVoicepay
Reviewed on 2016/12/15
ACG Texas initiated our first payment run with NVP on 2/7/14. Since that time, I worked with NVP...
ACG Texas initiated our first payment run with NVP on 2/7/14. Since that time, I worked with NVP to successfully implement this payment solution process with the other three companies under the Summit Restaurant Group umbrella.
We find the system very user-friendly for our companies and our vendors. Maneuvering through the screens is very easy and required very little training. We use some of the reports while researching vendor statements and find it has streamlined that previously arduous task.
The ACH and CC Payment process have reduced the number of requests to void and reissue checks due to nonreceipt which, in turn, has reduced bank fees.
Obviously, we have enjoyed reduced costs when compared to paying vendors with a check - check stock, envelopes, postage fees and administrative staff labor and have found the rebate program to be very lucrative.
The Customer Service Staff is typically extremely courteous and helpful. They understand the sense of urgency to resolve any challenges we have encountered.
I would like to see the site speed increased moving through screens or searching for vendor data. Additionally, I would like to see the parameters that I set up remain in place when I hit the Back button. Other than these issues, we find the process and people at NVoicePay truly walk the talk.
- Industry: Automotive
- Company size: 11-50 Employees
- Used Weekly for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
One of the best decisions we ever made. Very simple to use. Support is prompt and efficient.
Reviewed on 2017/06/16
NVoicePay requested a review.
NVoicePay requested a review.
Pros
We make money by using this. We earn almost 10 times as much as we pay each month.
Our accounts payable clerk loves how quick and easy it is to make payments. Vendors love that they get their money quick.
- Industry: Consumer Services
- Company size: 2-10 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Simplify your AP
Reviewed on 2019/08/29
I would happily provide referrals for this software. Streamlines, saves time and saves money on...
I would happily provide referrals for this software. Streamlines, saves time and saves money on manpower. Makes the AP experience easier.
Pros
Once everything is set up (information about vendors, payments, etc), there is not much for your AP person to worry about. Most of the vendors have no problem signing up with receiving from the software and the company. This software streamlines the entire AP process. It can save man hours and money for our company because less time is spent chasing down payments or tracking payment information. In addition, it can allow a company the opportunity to also save by employing an employee that may have less experience in accounting/bookkeeping procedures.
Cons
I have not found any negative aspects yet regarding this software.
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
REVIEW of nvoicepay
Reviewed on 2016/12/06
Nvoicepay is easy to do business with. They take the work out of paying your bills. The...
Nvoicepay is easy to do business with. They take the work out of paying your bills. The flexibility is the key for us.
- Industry: Automotive
- Company size: 51-200 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
You Can Literally Make Money!
Reviewed on 2021/02/25
We've definitely shortened the time it takes to get things approved and have gained some more...
We've definitely shortened the time it takes to get things approved and have gained some more accountability with the software. The best part is that we are able to make the cash back now which we didn't prior the Nvoice pay since we were sending checks. Now we save on check stock as well as postage. It is really nice how the system is directly built into CDK, so accessing it is as simple as clicking a button. Usage is really easy too. I have an older user base, so new technology can take a little longer to get used to, but they caught onto this really quick because it is a simplistic design.
Pros
We have multiple locations but our check signers are located in one specific location, so Nvoice has allowed us to look over and approve invoices in real time. We used to have to wait to run to our other locations, collect the payables, bring them back and wait for them to be reviewed and signed, then transfer them back. We can now approve stuff immediately and there is more accountability since everything is logged. We also make money
Cons
Honestly, I have not run into any issues with it yet. We have it integrated right into our DMS, so logging in is super simple. I really have nothing as of this point in time to say that would be a Con.
Nvoicepay FAQs
Below are some frequently asked questions for Nvoicepay.Q. What type of pricing plans does Nvoicepay offer?
Nvoicepay offers the following pricing plans:
- Pricing model: Subscription
- Free Trial: Not Available
Please contact Nvoicepay for pricing details.
Q. What are the main features of Nvoicepay?
Nvoicepay offers the following features:
- Approval Process Control
- Audit Trail
- Bank Reconciliation
- Cash Management
- Compliance Management
- Duplicate Payment Alert
- Fraud Detection
- Onboarding
- Transaction History
- Vendor Management
Q. Who are the typical users of Nvoicepay?
Nvoicepay has the following typical customers:
Large Enterprises, Mid Size Business
Q. What languages does Nvoicepay support?
Nvoicepay supports the following languages:
English
Q. Does Nvoicepay support mobile devices?
We do not have any information about what devices Nvoicepay supports
Q. What other apps does Nvoicepay integrate with?
Nvoicepay integrates with the following applications:
Beanworks, CMiC, Datacor ERP, Dealertrack DMS, Infor ERP, Oracle JD Edwards EnterpriseOne, SAP Concur, SYSPRO, Sage Intacct, Viewpoint
Q. What level of support does Nvoicepay offer?
Nvoicepay offers the following support options:
Phone Support, Online Support, FAQs, Knowledge Base, Video Tutorials
Related categories
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