Tangoe announces the release of Bill Pay+ as the company’s new enterprise-focused bill pay option. It includes StopFraud™ service-based security. The broadened solution also allows access to a dedicated treasury portal and now processes all spend categories.
Bill Pay+, powered by Vendorin, an electronic payment enablement and solutions provider, is a gateway solution that provides Tangoe customers with a complete payment lifecycle solution. It enables customers to conduct and execute financial transactions for any electronic payment method, validates the supplier-provided information and multiple payment types from a single file transmission.
“In addition to PCI compliance, one of the many enhancements built into the new Bill Pay+ solution is StopFraud,” said Bryan Seidensticker, Tangoe Vice President, Services. “StopFraud provides both payor and payee with industry-leading assurance that the funds approved for payment are actually delivered in the payee’s preferred electronic format on-time and without interception.”
Bryan continues, “Bill Pay+ strengthened by the Vendorin portal, provides access to real-time payment transactional data. Customers can now see the progression of their payments processing at the most granular level.”
Bill Pay+ is a high-performance, flexible and stable system that integrates seamlessly with existing processes. It offers efficiencies to close the loop on invoice processing – saving time, eliminating late fees and preventing service disruptions. Manual processes are replaced with automation for optimized workflows.