Exchange for Bills and Payments

Take control of your finances. Exela FAO’s AR and AP solutions automate tasks, improve collections, and expedite payments.

Exela FAO AP and AR Automation Solution

Tired of chasing invoices and managing mountains of paperwork? Exchange for Bills and Payments is a cloud-based solution that eliminates the hassle from invoice and payment processing. Automate tasks with AI-powered data capture, saving you valuable time and minimizing errors. Gain real-time visibility into your cash flow, collaborate seamlessly with customers and vendors, and experience drastically reduced invoice processing times.

67%

more time spent on manual follow-ups on overdue payments than with automation

With over 20 years of experience, we’ve honed our expertise to deliver best-in-class P2P solutions that optimize your entire procurement process.

100%

automation of AP and AR tasks

Our team of over 11,000 F&A professionals brings deep expertise and global reach to deliver exceptional procure-to-pay solutions.

40%

overall cost reduction in processing invoices with no capital investment

No matter your industry, we have you covered. With over 1,120 industry-tailored solutions, we can address your specific procurement challenges and optimize your procure-to-pay process.

Roadblocks in AR and AP Solutions

Common roadblocks in AR and AP include manual data entry, limited visibility into cash flow, and difficulty integrating with existing systems. See how Exela FAO can help.

Drowning in paperwork?

Exchange for Bills and Payments eliminates manual data entry for invoices and payments, freeing you to focus on growing your business.

Cash flow in the dark?

Gain real-time visibility into your finances with Exchange for Bills and Payments. Make smart decisions and optimize your cash flow with ease.

Integration headaches?

Exchange for Bills and Payments seamlessly integrates with your existing systems, eliminating compatibility woes and streamlining your workflows.

Experience Exela FAO’s Brilliant Support

We’re dedicated to your success. Exela FAO offers exceptional customer support, and is recognized by industry leaders. Our team is here to guide you every step of the way, ensuring a seamless and successful experience.

Exela FAO’s Accounts Receivable and Payable Services

Our secure platform streamlines everything from invoice and payment processing to analytics and reporting. Collaborate and transact on a scalable platform that integrates with your existing systems.

AP Management

Reduce manual work, eliminate errors.
Get approvals faster, keep payments on track.
Earn early payment discounts, improve supplier relationships.
Real-time insights, manage cash flow effectively.

AR Management

Create and send invoices in seconds.
Get paid faster, reduce manual follow-up.
Predict and manage cash flow with ease.
Gain real-time insights into your receivables.

AR and AP Solution

Exchange for Bills and Payments frees you from the burden of paperwork, allowing you to focus on what truly matters – growing your business. Get started today and experience the future of effortless financial management!

Manufacturing Case Study - Rane Groups

Automobile industry with plants located at different locations, across India. IT hub managed by Rane Data Centre(RDC) for all group companies of Rane. Customer since 2014. With Satisfied Service, Renewed Contract twice. 20,000 AP transactions/month.

Frequently Asked Questions

What payment methods does Exchange for Bills and Payments offer?

You can settle the payments via ACH, wire transfer, or all major credit/debit cards. Our payment processing complies with payment industry-standard security compliance (PCI-DSS) and uses multi-layered security and anti-fraud mechanisms to protect your financial transactions.

How secure is the Exchange for Bills and Payments?

Exchange for Bills and Payments is designed with security and protection as paramount for our users. We enforce a strong password policy, automatically log out of the user after a certain period of inactivity, and carry out log-in, email, and payment details via a secure channel.

How does Exchange for Bills and Payments help in automating the Accounts Receivable process?

A user can create simple and professional invoices for their services and send the details to the customers electronically. Having notifications, status tracking, and reminder emails helps the user track the status of the payment with the customer and get the payments done on time.

How does Exchange for Bills and Payments help in automating the Accounts Payable process?

With Exchange for Bills and Payments, you can receive invoices from various data formats like PDF, JPEG, etc., and convert the image into processable invoices. Users can approve the invoice based on the assigned approval workflow and initiate digital payment with their vendors.

Get In Touch

Ready to unlock the power of automation and streamline your financial processes? Our team of seasoned industry experts is here to guide you. Get in touch today, and let’s tailor a solution that jumpstarts your journey to a more efficient and productive financial future.