PairSoft, a leading provider of AI-driven automation for procure-to-pay and document management, has announced a strategic partnership with Bottomline, a global leader in business payments. This collaboration integrates Bottomline’s Paymode business payments network into PairSoft’s solutions, enabling customers to access secure, automated vendor payments seamlessly within their existing accounts payable (AP) workflows.
By embedding Paymode’s payment capabilities within PairSoft’s AP automation suite, finance teams can achieve full end-to-end automation using their current ERP systems. This integration grants users access to a pre-enrolled vendor network, real-time payment tracking, and robust fraud prevention controls—all within a single platform.
“The biggest challenge in AP automation goes beyond digitization. It’s about ensuring that payments are secure, efficient, and cost-effective with rebate optimization,” said Matt Cotter, CEO of PairSoft. “By embedding Paymode, we are significantly reducing fraud risk, allowing our customers to take full advantage of the best payment methods for them.”
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With this embedded technology, users can initiate and monitor payments directly within the PairSoft platform, eliminating the need to juggle multiple systems. Paymode’s advanced security measures, including rigorous validation processes, help minimize fraud risks. Additionally, with over 550,000 vendors already enrolled in Paymode, businesses can transition to digital payments effortlessly, ensuring high vendor adoption rates.
“At Bottomline, we believe in making business payments simple, smart, and secure,” said Gunita Bindra, VP of Partnership Strategy & Sales at Bottomline. “By partnering with PairSoft, we’re bringing these benefits to even more finance teams, helping them accelerate AP automation and maximize efficiencies.”
This partnership underscores both companies’ commitment to innovation in financial automation, providing organizations with the tools they need to optimize AP processes, enhance security, and improve overall operational efficiency.