What is VendorVault? Accounts Payable Tools
What is VendorVault?
VendorVault by Fidesic is a secure vendor portal that makes it easier for your vendors to submit, manage and status check their own invoices.
VendorVault is fully customizable with your brand, so your vendors experience it as your portal.
VendorVault stores your vendors' banking info with the highest security standards. Because they enter and maintain their own banking info and it is immediately encrypted, no human in your organization or at Fidesic can ever see it. That's about as secure as it gets.
For more detailed explanation of features check out the VendorVault Listing Page.
Who is VendorVault for?
VendorVault was designed with accounts payable professionals in mind and was built to work with Microsoft Dynamics GP and D365 Business Central. While RouteWise can work for accounts payable pros in almost any industry, it is ideally suited for service-based organizations with multiple locations and/or entities.
Related: Why Human Resources Should Ask Accounting About AP Clerks
Conclusion:
VendorVault makes it easier for you to improve vendor relationships. Let's face it, when you're deep into month end and a vendor calls to check the status of an invoice, it's a pain. VendorVault makes it easy for them to check the status on their own. Of course, there will always be those vendors who need human help, but you can greatly reduce the amount of time you spend looking up invoices. With this and other efficiency gains, combined with the high level of security, VendorVault is the best way to receive and pay invoices from your vendors.
Case Study:
Management Services Provider Processes 30,000 Monthly Invoices without an AP Clerk