Compare Finexio
to Paymerang

Large supplier network.
Fast payment processing.
Partner friendly.

Finexio, a leading provider of Accounts Payable (AP) Payments as a Service, is focused on enabling end-to-end business payment capabilities in mid-market and enterprise organizations while also providing embedded AP Payments as a Service for its partners in AP, procurement software, and banks. We outperform competitors with 2-3x average industry virtual card adoption rates. We ensure your payments are being delivered quickly and securely to all suppliers, keeping them engaged, happy, and paid on time!

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A trusted partner of some of the largest financial institutions, procurement, and accounts payable software.

What Makes Finexio Different?

When asked why they are moving away from Paymerang, customers often mentioned a low to average conversion to electronic payment types, slower processing times, and lack of a partner focus.

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Revenue Share

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Fast Payment
Processing Times

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Purpose-Built
for Partnerships

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Compare Finexio vs. Paymerang

Paymerang has helped many mid-sized companies, but businesses tell us when it’s time to raise the bar in technology combined with service, they shift from Paymerang to Finexio.

Finexio

Paymerang

PAYMENT DELIVERY

Manages payments from one integrated payment file

Same-day virutal card payment

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Same-day ACH payment

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2-3 day processing for paper check payments

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Offers eCheck payments

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Offers wire transfer options

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SUPPLIER MANGEMENT

Industry-specific payment data for strategic payment optimization

Campaign-driven data & technology approach to ongoing supplier conversion to virtual card

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All size company suppliers are targeted and 100% of spend managed

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PAYMENT FRAUD PREVENTION & SECURITY

Bank-level security and trust

Security measures in place including role based permission, multi factor authentication, SOC 1 & 2, and NACHA compliant

Store all data in Amazon Web Services (AWS)

Positive Pay on all checks

Clear visibility and transparency that Account Validation Services (AVS), OFAC Screening, and Know Your Customer (KYC) are a part of security and compliance

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REPORTING & ANALYTICS

Buyer & Supplier web-based Portal

Rich payment remittance data for easier reconciliation

Buyer on-demand reports, such as payment status

Payments Audit Trail

Supplier portal available to provide insights to suppliers on payment status

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MONETIZING AP PAYMENTS

Ongoing supplier outreach campaign approach to increase electronic payment conversion

Target “long-tail” supplier payments equally

Partner-specific model available

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Virtual Card by Mail Program

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FinexioExpress (enhanced direct deposit solution) program

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person counting money in front of laptop

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Revenue Share

Finexio is in business to help our customers and partners gain a new stream of revenue for their business by offsetting service costs.

The revenue share you will receive is non-conditional and not based on fluctuations in interchange fees.

We want to ensure you are generating revenue from existing accounts payable spend consistently, and fairly.

paralegal typing on laptop with money on the table beside her

Fast Payment
Processing Times

Finexio’s NextGen technology has a modern, scalable, next-generation platform that offers seamless flexibility to work with many Banking as a Service (BaaS) and Software as a Service (SaaS) providers to offer only best-in-class payment solutions.

Finexio offers improved processing times, including same-day on payment types such as Virtual Card, ACH, and Wire, with shorter paper check processing times down to 2-3 days.

We offer extended cutoff times for ACH and Wire, providing our customers with expanded time frames to submit invoices.

men shaking hands

Purpose-Built
for Partnerships

Finexio is built for partnerships, as we understand the need for speed to market, increased margins and revenue growth.

We are committed to the initial and ongoing success of our partners and their customers, providing comprehensive business and go-to-market services from day one, as part of our turnkey embedded payments offerings.

Finexio’s partners and customers also benefit from the same enterprise-grade AP payments technology and security, backed by the largest bank in the United States, J.P. Morgan.

Finexio is Here to Ensure Your Steps to Success

Unlock access to our unparalleled support services.

Implementation Support

Our dedicated implementation team will guide you every step of the way for a seamless onboarding process. Our specialists are readily available to ensure we hit the ground running as a team.

Strategic Account Management

Your strategic account manager is your trusted payments partner. We’ll help you get onboarded, be your advocate, tune into your feedback, and be excited to share expert advice to best optimize your AP payments.

Customer Support
& Help Center

Receive fast, top-tier support and prompt responses to all payment inquiries or questions about the Finexio Portal and reporting. The Help Center includes FAQs and supporting articles to best assist you and your business.

“SFP and Finexio make it possible to get time back in your day, and money in your pocket.”

–John Kates, CEO of Gallagher Fluid Seals, Inc.