Accounts payable is one of the most onerous, costly and time-consuming accounting functions.
Your mid-market corporate customers urgently need a modern AP automation solution to be organized and have full visibility & control over invoice payments.
They are looking for an integrated and seamless, embedded finance solution that reduces administrative headaches and increases productivity.
Zact white-labels its AP Automation product for banks. Banks can offer their mid-market customers a complete AP automation solution with PO matching while expanding their revenues with non-interest fee income. A vendor portal enables suppliers to upload invoices and communicate with buyers at an invoice level.
Zact supports all payment types including issuing single-use and multi-use virtual cards, giving financial institutions significant interchange, transaction, and subscription revenues.
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Reduces the onerous, costly and time-consuming function of accounting
Fast and cost-effective payment methods that minimize human error
Revenue generating benefits at no cost
Seamless and automatic onboarding experience for customers
Increased cash-flow management, increased transparency and improved risk management
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