Electronic Invoice Presentment and Payment

Drive collection through best-in-class customer portals with invoice delivery, integrated payments, and instant reconciliation

Electronic Invoice Presentment and Payment

Drive collection through best-in-class customer portals with invoice delivery, integrated payments, and instant reconciliation

Electronic Invoice Presentment and Payment

Drive collection through best-in-class customer portals with invoice delivery, integrated payments, and instant reconciliation

Trusted by top brands

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  • Consolidate view of all outstanding payments with rich invoice-level information

  • Comply with e-invoicing requirements with customizable branding

  • Track invoice-related events, e.g., delivered, viewed, etc. – no more lost and misplaced invoices
  • Drive collections with a secure payment portal across payment methods, e.g., ACH, credit cards, SEPA, e-checks, wires

  • Lower cost through Level 2 / Level 3 card processing – virtual card support

  • Enable instant payments from customers with embedded payment links

  • Embed access to affordable and secure invoice financing for your customers
  • Improve collections by sending reminders on multiple channels, e.g., email, text message, via a portal, as appropriate

  • Set configurable reminders related to cash discount expiry, dues, overdue payments, promotions etc.

  • Achieve greater accuracy in cash flow forecasting with payment behavior data
  • Offer cash discounts to your customers to ensure you get paid on time

  • Allow customers to pay all at once, in installments or in advance

  • Enable deductions, e.g., VAT, price variance, WHT, etc., with relevant attachments for faster reconciliation, dispute resolution and audit
  • Match payments with relevant invoices to ensure seamless reconciliation

  • Map and account for deductions from customers with ERP reason codes to enable straight-through-processing

  • Reconcile payments across payment methods, payment rails, and bank statement formats, e.g., BAI2, MT940, CAMT














20%+ decrease in DSOs

Get paid faster with real-time invoice presentment to your customers and automated reconciliation

90% lower invoicing costs

Decrease overheads by streamlining invoice delivery and collection

15% increase in Sales Team productivity

Digitize AR collections to ensure your Sales Teams focus on growing revenue

15% Reduction in write-offs through faster deduction and dispute management

Trusted by 1K+ happy customers

"Our accounts teams are delighted with the time & effort saved, and there are much fewer instances of accounting errors. AlgoriQ has automated every step of the reconciliation process, including identification of commission & deductions, accounting them into respective ledgers, and transferring entries to payables."

"Global PayEX’s AlgoriQ helped us in discovering a new way of doing reconciliation with our channel partners. In just the last two quarters since we implemented the platform, it has already improved efficiency by more than 50% by eliminating the manual tasks."

"Our digital collections went from 22% pre-Covid-19 to 80% in March 2021. We unlocked around €7 million in cashflows over 9-months period by adopting FreePay. We have reduced its day sales outstanding (DSO) or the average time taken to get paid after invoicing by 6 days."

"Global PayEx's fintech-powered solution has fully digitized our workflows, alleviating our treasury team from traditional manual practices to better focus on core strategy planning, to further grow the business."

"We have been using FreePay since 2017 and the improvement and efficiency it has brought in our collections and account receivables management has been remarkable. It has helped deliver electronic invoices to our Channel Partners in real-time, and process payments with all our business terms plugged in."

"FreePay has digitized our invoice presentment, automated payment processing and taken care of our end-to-end customer account reconciliation. Our dealers appreciate the solution for its completeness, ease of use and transparency in doing business."

Frequently Asked Questions

Our invoice presentment and payment module supports leading payment methods, including ACH, credit cards, SEPA, e-checks, and wires. Our payment rail integration spans multiple geographies and multiple currencies.
Our invoice presentment and payment module extracts data seamlessly across leading ERPs, including SAP ECC, SAP S/4HANA, Oracle NetSuite, and Acumatica. Want to check if your ERP is supported to evaluate if this is the right fit for you? Request a demo here.
We require IT primarily to extract ERP data via API integration or host-to-host. For ERPs that we natively integrate with this IT involvement, it can be a week’s effort spread across the implementation.
Yes. In addition to the customer portal for each of the corporate dealers/ distributors, the module offers a view of the company highlighting top customers, payment trends, and valuable dashboards for effective cash management decisions.
Security is paramount to each of our customers as it is to us. We strictly follow all Industry standards and best practices. We are SSAE16 Soc I Type II certified, PCI-DSS Compliant and CSA Registered.

Typically, our pricing has two components: one-time setup fees and a monthly recurring subscription fee. For more information, drop us a message at [email protected] .

Our product has 150+ configurations to handle company-specific workflows such as maker checker rules, FIFO invoice clearance, custom deductions, Line of Business (LoB) / region-specific rules, multi-dimension cash discount slabs, and more!
Project timeline depends on the complexity – Our standard offering can be up and running in 2 weeks for natively supported ERPs.

Case Studies

Our Trusted Partners

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