Global PayEX

About Global PayEX

Deep Dive with Clara AI

Global PayEx is an AI-powered platform designed for working capital optimisation in B2B accounts payable (AP) and accounts receivable (AR). Simply put, Global PayEX offers working capital efficiency leveraging extensive and sophisticated AI-driven AP and AR monitoring solutions. The software is capable of improving all metrics of working capital including DPOs, DSOs, cash conversion cycle (CCC), reconciliation costs and time, unapplied receipts. The inbuilt technology is such that it processes millions of payments and invoices with automated reconciliation to the ERP systems. Some of the notable products of Global PayEx for AR include FinEX, FreePay, AlgoriQ, Request to Pay and e-Proof of Delivery. For AP, the products are AP Automation and AP Financing. Request to Pay enables end-to-end AR automation through an invoice presentment via a customised link for view, payment, reconciliation and ERP posting. PayEX Scheme Management enables corporates in managing trade schemes, commissions and payouts for their customers. PayEX Pact enables banks to support OPGSP transactions, compliance and regulatory reporting.

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Pricing

Free Trial Not Available
Offers Custom plan.
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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

80%
Reviews

60%
Momentum

63%
Popularity

68%

Platforms Supported

Browser Based (Cloud)
Mobile App (Android, iOS)

Organization Types Supported

All (Small, Medium, Large)

API Support

NA

Modes of Support

Online

Global PayEX Features

Show Feature Explanation

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Accounting Features

Features: The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

80%

Tax Management

Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

Purchasing

Acquiring goods or services required for the business at minimal cost

Collections

Recovery of cash from a business or individual.

Billing and Invoicing

This feature helps in issuing and handling the invoice and bills.

Bank Reconciliation

Matching the balances of an entity's accounting records with the corresponding information on a bank statement.

Accounts Receivable

Handling the money the client owes to the company.

Accounts Payable

Handling the money owed by a business to its suppliers.

Spend Management

Managing the expenditure of a business in order to build its product or services

Revenue Recognition

Determining the specific conditions under which revenue is recognized or accounted for

Project Accounting

Creation of financial reports specifically designed to track the financial progress of projects

Payroll

Handling the salary payable to the employees

Multi-Currency

Enables payment and collection in multiple currencies.

General Ledger

Maintaining and recording all the accounting related transactions.

Fixed Asset Management

Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.

Expense Tracking

Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process.

CPA Firms

Offers collaboration with a professional expert for financial and consulting services.

Cash Management

Collection and management of cash.

Global PayEX Pricing

Free Trial

Not available

Pricing Options

Premium Plans ( Quotation Based )

Global PayEX Custom

Features

Multi-Invoice pay
OEM Payment reconciliation
Advance Payments
Ad hoc and Partial payments
Purchase Order Payments
Multi-dimensional discounts
Maker Checker for Payers
Extensive analytics driven dunning
Reverse integration with payer invoicing systems
In-addition, Freepay can configure any best practice that you may have

Disclaimer: The pricing details were last updated on 07/07/2021 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

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Global PayEX Reviews

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Global PayEX FAQs

What is Global PayEX used for?

Global PayEX is Accounting Software. Global PayEX offers the following functionalities:

Tax Management
Purchasing
Collections
Billing and Invoicing
Bank Reconciliation
Accounts Receivable
Accounts Payable

Learn more about Global PayEX features.

What are the top alternatives for Global PayEX?

Here`s a list of the best alternatives for Global PayEX:

Does Global PayEX provide API?

No, Global PayEX does not provide API.

What is accounting software ?

Accounting software is a computer program or application that helps businesses and individuals record, manage, and analyze financial transactions. Instead of keeping manual books, it automates processes like bookkeeping, invoicing, payroll, and financial reporting.

Uses of accounting ?

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