Financial accounting software that helps you automate accounts payable, streamline workflows, and stay compliant.


AP Automation that works with your core

Our accounts payable software integrates seamlessly with core banking systems designed for the middle market. Want to learn how it works? Take a look at how BankTEL works with your core provider here. Don’t see your core system? Get in touch with one of our team members for a custom solution.


Trusted by 1 Out of Every 4 U.S. Banks

Inc. 5000 America’s Fastest-Growing Private Companies

Deloitte Technology Fast500

SSAE18 Complete

We’re the only software company to focus solely on accounting solutions for financial institutions.

With a full suite of financial accounting software designed with financial institutions in mind, BankTEL has served over 1,700 banks with automation that manages expenses efficiently, mitigates fraud risk, and helps bank and credit union clients fulfill their dreams and grow their businesses. How do we do that? By meeting CFOs, controllers, and accountants exactly where they are, with the tools they need, to realize significant cost and time savings and improve the efficiency of their essential workflows.

accounts payable software

Prevent, detect, and mitigate any operational deviations.

Accounts Payable

Effortlessly schedule transactions and pay bills with a completely automated process


Fixed Assets

Track and maintain a complete book and tax asset schedule for your financial institution


Prepaid and Accruals

Automate setup and tracking of monthly prepaid and accrual items


Coordinate your financial tasks to be as efficient as possible.

Approval Workflow

Approve invoices and vendors via an electronic process with detailed audit trail


Expense Report Reimbursement

Manage employee expenses, reimbursements, electronic receipts, and credit cards transactions


Purchase Requisitions

Manage requisitions and purchase orders to vendors with approvals


Remote Imaging

Scan and submit invoices at the receiving point anywhere within your organization


Vendor Portal

Directly receive vendor invoices and documents in Accounts Payable for approval


Make well-informed decisions without error.

Vendor Management

Easily track and maintain risk assessments, contracts, and important dates of your institution’s vendor relationships


Shareholder Management

Automate management, reporting, and dividend payments to shareholders


We’ve been able to scale our organization without having to add staff because of the efficiencies we’ve seen. If you’re unsure whether you should implement ASCEND, I would say just do it. The only question you’re going to have is: Why didn’t I do this sooner?

David Weems, Senior Vice President First Financial Bank


Easily pay bills and eliminate risk-prone processes.

Innovative Industry

Core GL and DDA Integration

Purpose-Built for Financial Institutions

Complete Workflow Automation

We’re the undisputed leader in financial automation software for banks and credit unions.

With over 28 years of experience delivering financial accounting software tools, BankTEL’s solutions are built on the company’s extensive knowledge of how financial institutions work. We partner with financial institutions just like yours to help automate manual accounts payable processes to streamline workflow and compliance, so you can improve productivity, focus on value-driven efforts, and ultimately better serve your customers.

accounts payable software

The Financial Automation Solution Most Trusted By U.S. Financial Institutions

By far the best thing — the most time savings, the most bang for its buck — is the approval system. It’s a relief to be able to build in an approvals workflow based on our policy, and to know that you’re following protocol automatically, because it’s built into the system.

Terri VroomFirst Citizens’ Federal Credit Union

With AvidPay, I can just put in my approval processes, set the workflow up for easy approvals, and I have a record that keeps auditors happy. I can just process, upload to AvidPay, and get back to my reconciliation.

Diana MarroquinMainStreet Bank

I’ve been through the conversion process to new software before, and it’s usually a nightmare. Nothing balances and nothing works. But with ASCEND, things balanced and things worked. It was a very easy move.

Mendy CollierRegent Bank

With BankTEL, everything was more streamlined, there was better reconcilement, better functionality and better security on the user-side of things. It was a major step up for us.

Heath PrescottFarmers & Merchants Bank of South Carolina

Banks deal with accounting every part of every day. It’s a core part of the business. To be able to maneuver through the system and have the detail of records, the tracking and reporting that are available at BankTEL, was long overdue. Ascend is leagues ahead of where we were previously.

Tony AtecaSecurity Federal Bank

One thing I like about BankTEL is that they always want to know what you want and how they can make their product better. They like to listen to customers.

Lynn McKeeBankWest

Resources To Help You Create Better Payment Processes

Case Studies
October 12, 2021

Austin Bank, Texas National Association

Austin Bank Streamlines Operations & Positions for Continued Growth with Automated AP With: Sandy Rayburn, Chief Financial Officer at Austin Bank, Texas National AssociationAustin Bank is a community bank headquartered in…
Case Studies
March 25, 2021

21st Century Bank Automates Accounts Payable

21st Century Bank Gains Efficiencies with Automated Accounts Payable With: Jeff Weldon, CPA, Chief Financial OfficerFounded in 1917, 21st Century Bank is a full-service commercial bank offering tailored personal and…
Blog Posts
March 17, 2021

Refocus Your AP Efforts When You Save Time With Automation

Saving Time With Automation? Where to Refocus Your AP Efforts When you take menial tasks off your plate, you’ll find opportunities to contribute to value-added initiatives for your FI —…


Join thousands of banks and credit unions who trust us to improve their businesses—and their customers’ businesses. Sign up for a free demo today!

  • Hidden
  • After clicking submit, please wait a few seconds for the calendar to load so you can pick a convenient time to speak with us.

  • This field is for validation purposes and should be left unchanged.