Marketpay
Marketpay is a financial software designed for B2B payments automation and cash flow management. It allows businesses to easily collect, send, and reconcile payments through automation and integrations with accounting tools.
payments
automation
cash-flow
accounting-integration
Marketpay: B2B Payments Automation & Cash Flow Management Software
Marketpay is a financial software designed for B2B payments automation and cash flow management. It allows businesses to easily collect, send, and reconcile payments through automation and integrations with accounting tools.
What is Marketpay?
Marketpay is a cloud-based financial software solution created specifically for accounts receivable (AR) teams and cash application professionals. It aims to optimize B2B payments by providing automation for things like payment collection, cash posting, reconciliation, and cash forecasting.
Some key features of Marketpay include:
- Automated payment collection through emailed invoices and reminders, online payment portals, ERP integrations, virtual card acceptance, and more.
- Intelligent matching and cash posting to quickly apply payments to open invoices.
- Customizable workflows to ensure cash is correctly accounted for.
- Reporting and analytics for tracking collector productivity, DSO metrics, customer insights, and more.
- ERP, accounting, banking, and payments system integrations to sync data and push/pull payments.
- Configurable rules engine to model custom cash application logic.
Marketpay aims to eliminate manual processes around order-to-cash by using technologies like AI, workflow automation, data integration, and more. This improves efficiency, cash visibility, and working capital for businesses with complex B2B financial operations.
It competes with other AR automation solutions like HighRadius, Esker, Versapay, Tesorio, and more. But Marketpay stands apart with its focus specifically on large enterprises with complex systems and requirements.
Marketpay Features
Features
- Automated accounts receivable
- Payment processing automation
- Cash flow forecasting
- Invoicing and billing
- Payment reconciliation
- Accounting software integrations
Pricing
- Subscription-Based
Pros
Saves time by automating payment collection
Improves cash flow visibility
Reduces accounting workload
Allows customization of payment terms
Provides insights into customer payment patterns
Cons
Integration with accounting software can be complex
Requires training and setup time
May lack features of standalone accounting software
Additional fees for payment processing
Limited support for international payments
Official Links
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