Pay Electronically with Telpay for Business

Pay 100% of your suppliers electronically without the need to collect banking information. Telpay for Business is easy to setup, integrates with your accounting system and will allow you to eliminate costly cheque processing while streamlining your accounts payable.

Pricing

For more pricing details, visit the pricing page.

Switching from cheques to electronic payments can ease many business pains. Here are a few to consider:

Tired of wasting time and money on valuable resources for the intensive process of creating cheques?

• Telpay integrates with your accounting system for single entry of data. Reduce or eliminate inefficient processes related to printing and signing cheques, cheque assembly and mail delivery. Save on postage, bank service charges, and cheque form costs with every payment made using Telpay.

Are you looking for ways to improve your internal controls and reduce cheque fraud?

• Telpay for Business includes password protection for system access and single or dual payment authorization. You can print payment batch details prior to authorization to review and approve payments, and to replicate existing payment controls. By eliminating cheques you eliminate the possibility of cheque fraud.

Would you like to simplify bank reconciliation and have a clear audit trail for better record keeping?

• Telpay for Business allows you to maintain a clear audit trail of all payments, including accounting distribution and payment history. With no outstanding cheques, bank reconciliation is easy.

Are you tired of the inflexibility of cheques; not being able to leave the office until they are signed or leaving blank cheques behind when you are out of the office to pay expenses?

• Telpay for Business provides remote email authorization capability allowing you to approve payments and pay all your suppliers while you are away from the office.

Are you frustrated with paying for expensive bank wires to pay suppliers in other countries?

• With Telpay for Business International Payments service you can pay all of your international suppliers electronically for a fraction of the cost of bank wires.
• You receive competitive exchange quotes from leading foreign exchange service providers.

 

Paying Bills Electronically is as simple as 1-2-3

• 1

  Enter Payables

  Enter invoice details directly into Telpay for Business or import them from an accounting package.

• 2

  Approve payments

  Review and authorize payments internally or by remote approval.

• 3

  Payments sent

  Telpay processes payments and provides consolidated payment reports automatically.

Specifications

Connecting with Telpay:

• Connect via the internet.
• Payments are compressed, encrypted, and transmitted utilizing 128bit SSL.
• Immediate confirmation of receipt of payment file, with reference and session numbers, is provided by Telpay.

Payment to your suppliers:

• Facilities for funding the payments requested are provided.
• Payments, including invoice details, are sent to every supplier.
• Wherever possible, funds are credited electronically. If not, payment is made by cheque
  from Telpay.
• International payments are forwarded through a choice of foreign exchange service providers.

System requirements:

• PC with a Pentium or higher processor with 512MB RAM (1GB recommended)
• 500MB free hard disk space
• Microsoft Windows XP Service Pack 3 or later (Windows 2000, Windows Vista,
  Windows 2003 Server, Windows 2008 Server, Windows 7)
• Running Telpay on 64 bit O/S (PDF)
• An internet connection
• Mac users will require Parallels for Mac (or similar Windows environment solution)

 

For further information and product demonstrations for Telpay for Business please contact our Sales Team at 800.665.0302.

 

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