OnPay Solutions helps its clients streamline AP processes and lower costs by automating invoice payments. The company provides ‘no touch’ virtual card, ACH, check, and wire payments for more than 400 customers ranging from mid-sized companies to large enterprises and institutions.
By combining OnPay Solutions’ technology, its network of 360,000 vendors, and 40 different banking integrations with its source-to-pay suite, the acquisition augments Medius’s ability to automate payment processing through its own platform as well as existing third-party payment partners. The newly acquired company will also deliver operational efficiency for clients by streamlining the payments workflow, as well as augmenting anomaly, fraud, and risk detection through true end-to-end visibility into the invoicing process.
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