With the new product, vendors can automatically choose ACH, virtual card, check or wire to remit payment. If vendors utilize the virtual card, CPAs pays a rebate to the manufacturer for each transaction. Syspro said the product can provide real-time payment status through the CPX interface. Those who purchase the product by June 30 can receive the first six months of their subscription for free. Subscriptions are $500 per month for the first year plus sixty-five cents per ACH transaction and $1.65 per check.
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Syspro USA has partnered with Priority Technology Holdings to field Automated Payables for Syspro, powered by Priority CPX.
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