Upgrade your international payment capabilities and pay in over 140 currencies
Pay out in more countries and currencies, utilize multiple payment methods options, and significantly reduce administration work in the accounts payable process. Payments data is synced directly with your SAP S/4HANA platform, delivering a more complete procure-to-pay process and removing the need to upload and download banking data.
Benefits
Simplify the payment process by automating workflows
The PaymentsHub app is synced directly with your SAP S/4HANA platform, with all data shared automatically between the systems. The result is you no longer have to upload and download payment files from multiple platforms. You'll reduce the potential for manual errors, and make processing international payments a quicker and more seamless experience for your team.
Make all your payments in one platform using multiple payment methods
Make all your domestic and international payments on one platform. We have built the largest fintech payment infrastructure in the world and SAP S/4HANA users get instant access to this network through the integration. You'll be able to pay out in over 140 currencies and do so using multiple payment methods such as instant, ACH (automated clearing house), same day ACH, domestic wire and international wire.
Standardize payment reports for easy reconciliation
You'll be able to capture all payment data - no matter what currency or payment method is used - in uniform, standardized reports. This allows you to easily collate data, and significantly reduces the time reconciling payments from different systems. All data is synchronized with your SAP S/4HANA platform once a day at a time of your choosing.
Features
Eliminate manual creation of payment files
Reduce workload and potential for errors through automated payment file creation. Simply generate your file in your SAP S/4HANA platform for your entire payment run, and upload and pay. This saves significant manual work compared to using multiple payment platforms.
Streamline approval process and define user roles
Approve multiple payments in advance with clearly defined duties for individuals, allowing them to only access data you want them to. Instantly process the approval and distribution of hundreds of payments at once.
Send remittance data to vendors automatically
Save approximately seven minutes per payment through automated vendor notifications - no need to write manual emails. Keep your vendors updated on when the payment has been made through automated notifications and reduce inquiries to your finance team.
Plans and pricing
Sample Pricing
A monthly platform fee which can be offset against FX transactions volumes.
We offer competitive FX rates for payments in major, minor and exotic currencies.
There are zero transfer fees for FX payments.
There are standard transaction costs for payments using the same currency.
A monthly platform fee which can be offset against FX transactions volumes.
We offer competitive FX rates for payments in major, minor and exotic currencies.
There are zero transfer fees for FX payments.
There are standard transaction costs for payments using the same currency.
