AP Automation Solutions Built for Visibility and Control
Today we help more than 6,000 companies cut costs, improve visibility and increase efficiencies.
We’ve earned the trust of more than 680,000 businesses in our supplier network, processing over $140 billion in transactions annually. And we’ve become one of the fastest-growing technology companies in the US, all by making our customers’ business our business.
Our accounts payable software allows for strict operational compliance, prioritizes multiple users and companies, and effectively gives you control for maintaining audit and operational efficiency.
- Document imaging for invoice and vendor information
- Invoice allocation module for multiple companies
- Vendor withholding capability
BankTEL has brought to us a number of good changes prior to implementing the technology. We had signed the contract just before COVID and we were completely paper-based. We had no online imaging of our invoices. We had no electronic payments, even that we were using. It was strictly all the payments were made by check. So opening the door to better technology and streamlining it through the different op payment options has been a really big benefit for us. Well, the benefits to working closely with Jack Henry on this has been tremendous. I mean, the, the migration that we went through from Jack Henry’s accounts payable module to ascend, it literally virtually took a half hour. I mean, just to get the data over and it was accurate. I mean, everything came over. We had the history we have, so we didn’t lose the payments. You know, we knew what vendors had, what payments through each year, or however you wanted to look at it, but we didn’t lose anything. It was probably one of the easiest migrations I’ve had in my career.
There’s a number of solutions that I think the benefits from BankTEL that I think are good. From my standpoint, as a CFO, research has never been easier than using BankTEL for expense variances or anything that’s cleared. You know, you can search it through your general ledger, you can search it through the vendors. I mean, the access to your information is just tremendous and it’s easy for the users of the product and in particular on the employee reimbursement module that we have, I’ve, you know, one of my team members said, you know, I’m the most technologically inefficient person, and they were able to do it the first time. And that was a proof of concept for us. It’s easy. And, and it’s easy to understand and easy to work with. And that’s been the big benefit for me, but having used other systems, this is much, much easier to use than other systems I’ve had in the past.
From my standpoint as a CFO, research has never been easier. Using BankTEL for expense variances or anything that’s cleared, you can search through the GL, through vendors, and the access to your information is just tremendous, and most of all, easy.
Jeff Weldon, CPA, Chief Financial Officer
Customize your solution.
Manage your accounts payable requirements at scale.
Enhance your payment process.
Increase profitability and de-stress your accounting team with the ASCEND Innovative Payments solution that eliminates the need to process printed checks, stuff envelopes, and mail documents.
Streamline your organization.
Have more than one company? No problem. Save on countless manual entries or tickets with an ASCEND feature that allows for an invoice to be paid from one company and the expense split across multiple companies’ GL.
Import invoices flawlessly.
Prepopulate invoices by importing files directly into Accounts Payable using our ASCEND invoice import feature. From there, you can create hundreds of invoices in just a few minutes.
ASCEND offers an unlimited number of companies and paying institutions access to one database, giving each company the ability to manage their own set of users and permissions while interfacing with their respective GL.
What our clients say about our AP automation solutions
“We just had our first external audit with ASCEND. I scheduled a 30-minute sit-down with the auditor to look at specific items. This process would have taken about six hours before ASCEND. The auditor couldn’t get over how easy and accurate it was. She said at least 10 of her bank clients immediately came to mind, that should start using BankTEL. She took a stack of my cards, to give to the accountants at these banks, in case they wanted to call with questions.”Nicole HulbertSeaside National Bank & Trust
“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