Reynolds Electronic Payments is a new Accounts Payable solution powered by FIS. It not only digitizes and streamlines the way your vendors are paid, but gives you the opportunity to collect rebates on your payments as well. Send one batch file to FIS for all payments to better manage your payables throughout the month.
With Reynolds Electronic Payments, you can:
Pay vendors quickly through single-use virtual card payments and collect rebates from those electronic transactions.
Simplify AP by sending batch payments electronically instead of spending hours on batch check runs and stuffing envelopes.
Reduce your expenses in Accounts Payable by eliminating the cost of printing and mailing your vendors' checks.
Make secure online payments, manage user access, reduce the risk of check fraud, and have an electronic audit trail.