As a Buyer, you can achieve significant savings, streamline your payment process, and enhance your financial flexibility with Vendor Pay Express, a seamless Payment Agency designed to optimize your trade payables.
Vendor Pay Express delivers unmatched value for your business:
Support Vital Suppliers: We accommodate early pay requests from your key suppliers, ensuring their satisfaction and your supply chain stability.
Save by Preserving Your Credit Line: We provide funding and unsecured credit to pay vendors on time or early, saving you money by not tapping into your existing bank line of credit.
Eliminate ACH, Wires, and Checks: Our e-payment platform replaces cumbersome ACH transfers, wire payments, and mailed checks with a simple, secure digital solution.
Lower DPO with Fresh Start: We help reduce your DPO by facilitating timely payments, allowing you to roll over outstanding payables to a later period and reset with a fresh start date for better cash flow management.
Leverage Financial Strength: Our solution uses your strong financial position to secure favorable payment terms and strengthen vendor relationships.
Additional Unsecured Credit: We offer access to unsecured credit, enabling you to pay vendors faster without impacting your existing credit lines.
Effortless Vendor Onboarding: We manage vendor setup, saving you time and eliminating paperwork.
Streamlined E-Payments: Pay invoices with a single click, simplifying complex, multi-vendor payments.
Comprehensive Digital Reporting: Access clear, detailed reports for you and your vendors, making reconciliation and tracking effortless.
Dedicated Customer Service: Our team provides exceptional support, ensuring a hassle-free experience.
Vendor Pay Express is completely free for you, the Buyer. We bring you and your vendors together to agree on an early payment discount that works for both parties, while we manage the payment process and retain a fee from the vendor for this service, ensuring no cost to you. Our platform makes rapid payments seamless, delivering the benefits of reduced Days Payable Outstanding (DPO), access to unsecured credit, preserved bank credit lines, and a streamlined digital payment system.
With Vendor Pay Express, you can transform your trade payables process into a cost-saving, efficient system while strengthening supplier relationships and maintaining financial flexibility. Reduce expenses, simplify payments, and optimize cash utilization with one powerful solution. Contact us today to discover how we can elevate your business!
Vendors submit invoices via our secure, user-friendly portal.
Buyers review and approve invoices directly in the platform.
Funds are released to vendors instantly, while we handle buyer payments.
Vendor Pay Express is a digital platform that facilitates early payments to your approved vendors without changing your existing payables process or cash flow cycle. You keep your current payment terms while your suppliers get paid early by Vendor Pay Express.
No. You continue paying invoices on your usual Net 30, Net 60, or Net 90 terms. There is no change to your payment obligations or timing. We suggest you create a new an account in your payables system under the name Vendor Pay Express, Inc.
No. There is no added financial liability or debt. Your payment terms stay the same—you’ll simply remit payment to Vendor Pay Express instead of your vendor for any invoices that were paid early on your behalf.
No. There is no cost to the buyer. All transaction fees are paid by the vendor who chooses to get paid early.