Pay vendors wherever they are, from wherever you are
Set up, schedule, and automate vendor payouts for domestic and international vendors with Volopay’s Bill Pay feature. Our resourceful vendor payment software helps you transfer payments across the globe at super low FX charges.
Trusted by finance teams at startups to enterprises.
Borderless B2B payments
While traditional banks and wire transfer providers take multiple days to send money overseas, our vendor payment software sends money across 130+ countries using SWIFT and non-SWIFT payment methods at the cheapest exchange rate. Vendor payouts are processed and reflected within a couple of days.
Facilitate effortless vendor management
Manage vendors near or far through our powerful vendor invoice management system. Create, process, and pay invoices in seconds. Add/remove your vendor list on the go.
Volopay’s smooth integrations sync and update all paid invoices from the vendor payment software to the accounting system of your choice. Reconcile invoices against supplies, and automate payments with a click of a button.
Schedule and manage vendor payouts
Stop putting reminders on your calendar for vendor payment. Volopay helps you automate and schedule payments in advance for all merchants around the world, using Bill Pay for invoice processing.
Instead of manually paying recurring subscriptions, automate subscription management with our vendor payment software.
Track every dollar that leaves your company
Hundreds of companies lose millions of dollars annually, thanks to multiple payment channels that conceal wasteful expenditure. Volopay controls, tracks, and manages all purchase orders and invoices on one unified platform.
Know the where, when, and why of every payment in real-time. Experience unparalleled site-wide transparency with an expense management software that truly works for you.
Receive early payment discounts
Maintain a healthy cash flow within your organization by scheduling early payments for all vendor payouts. Confirm your early payment amount for a specific vendor, decide on a rate of return, and that’s it!
Our robust vendor payment software automatically surfaces the best offers to your suppliers based on your total invoices.
Create custom multi-level approvals
Enforce the company’s expense policy compliance by programming it right into our vendor payment software. Set multi-level approvals to verify transactions before processing. Assign multiple approvers within every level to streamline the approval workflow and speed up the vendor payouts process.
Financial stack for business
No more switching between multiple bank accounts and tools to run your smart business. We have combined great software with every service you are using a bank for, to produce a state-of-the-art financial platform.
Empower your employees with physical and virtual cards
Manage and track every dollar that leaves your company
Open a global account with multi-currency payments.
Manage vendors, approve invoices and automate payments.
Save hours daily, and close your books faster every month.
Integrate with the all the tools and software that you use daily.
Learn more about Volopay
Volopay combines approvals, corporate cards, bill payments, expense reimbursements and accounting automation into one single platform.
Virtual cards
Replace unprotected and limited business credit cards with the wide-ranging functionalities and security features of Volopay’s unlimited VISA virtual cards. Create burner cards for those one-time and trial payments. Generate recurring cards for SaaS-based subscriptions management.
Invoice management
Volopay comes equipped with modern invoice processing that collects, tracks, and pays all invoices, whether domestic or cross-border B2B payments, on a singular platform. Schedule and automate invoices, earn early payment discounts, and lots more.
Multi-level approvals
Stop running after supervisors and administrators for invoice approvals. Configure multi-level approval workflows within our platform and process payments on the go. Appoint multiple approvers on every level. Increase visibility and transparency throughout the company.
Domestic money transfers
Send money to local vendors and employees in seconds – control, track, and manage all expense types from a single platform. Enjoy A$0 transaction fees on all local vendor payouts. Create custom approval workflows to verify invoices quickly and efficiently.
International money transfers
Pay vendors and employees around the world in a super-fast, safe, and cost-effective manner. Manage vendor payments and remittances from a centralized vendor payment software, accessible from anywhere, at any time. Enjoy super-low FX charges with Volopay.
Automate accounting
Volopay offers state-of-the-art integrations that are fast, smooth, and precise. Efficiently connect with the world’s leading accounting systems such as Xero, Quickbooks, NetSuite, and more. Set custom mapping fields and accounting triggers for all transactions, import charts of accounts, and auto-categorize expense reports before exporting.
FAQs on vendor payouts
Not at all! Volopay is intuitively designed to grow in tandem with the growth of your company. Therefore you can add unlimited number of vendors onto Volopay to for effortless vendor management on an all-inclusive platform.
All transactions are accompanied by necessary details to easily verify whether or not the payment is sent to the right vendor. Volopay automatically imports your chart of accounts, expense categories, and vendor details from your existing accounting software to ensure your payment is accurately processed.
Yes! All vendor payouts are auto-categorized in their respective expense categories for efficient expense management and reporting. You can easily import your chart of accounts and expense categories from your accounting system and also set triggers for any user, vendor, card, department, and GL codes.
Certainly! Process cross-border B2B payments across 130+ countries using Volopay’s Bill Pay feature. Additionally, you can also use our corporate VISA credit cards to securely make payments at POS machines and online purchases.
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