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Paymerang

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Company health

Employee growth
33% decrease in the last year
Web traffic
37% decrease in the last quarter
Financing
October 2020 - $36M

Ratings

G2
4.6/5
(171)
Glassdoor
4.2/5
(62)

Paymerang description

Paymerang, a Corpay company, offers automation software for finance departments. Their platform helps mid-sized and larger businesses streamline invoice and payment processes. It allows for electronic invoicing, automated approvals, and a variety of payment options, including virtual cards with cashback rewards. Paymerang integrates with popular accounting systems and boasts time savings and increased efficiency for its users.


Who is Paymerang best for

Paymerang streamlines invoice and payment automation for mid-sized and larger businesses, especially in education and finance. Users praise its user-friendly interface, responsive customer support, and time-saving automation. However, some vendors prefer direct payments. It offers multiple payment options and integrates with popular accounting systems.

  • Best fit for mid-sized to large businesses.

  • Ideal for businesses in education and finance.


Paymerang features

Type in the name of the feature or in your own words tell us what you need
Supported

Paymerang automates invoice processing, approvals, and payments, reducing manual work and errors.

Supported

Paymerang automates payment workflows, minimizing errors and accelerating access to funds.

Supported

Paymerang offers automated invoice approval workflows, routing, and tracking.

Supported

Paymerang offers virtual cards with flexible spending controls and automated processing.

Supported

Paymerang automates invoicing and payments, improving financial management.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Strongly positive
+1

Customer Service

Strongly positive
+0.83

Ease of Use

Strongly positive
+0.93

Reliability and Performance

Strongly positive
+0.76

Ease of Implementation

Rather positive
+0.5

Paymerang reviews

We've summarised 171 Paymerang reviews (Paymerang G2 reviews) and summarised the main points below.

Pros of Paymerang
  • User-friendly platform and website.
  • Excellent and responsive customer support.
  • Time savings and increased efficiency in AP processes.
  • Easy implementation and onboarding.
  • Multiple payment options (ACH, check, card) and automation.
Cons of Paymerang
  • Some vendors dislike receiving checks from a third party.
  • Difficulty researching past payments.
  • Lack of notification for rejected invoices.
  • Wire transfer requirement for funding can delay urgent payments.
  • Vendor payment method information is proprietary.

Paymerang pricing

The commentary is based on 23 reviews from Paymerang G2 reviews.

Paymerang's pricing model often involves rebates, making it a cost-effective solution. While some users mention monthly fees in addition to per-payment costs, the overall sentiment is positive regarding the return on investment due to time savings and reduced expenses.

Users sentiment

Strongly positive
+1

Paymerang alternatives

  • Logo of AvidXchange
    AvidXchange
    Better for small businesses. Has a wider industry application but not a good fit for educational institutions. Growing faster. Lower ratings on Glassdoor. Users report slow payments and system glitches.
    Read more
  • Logo of BILL AP/AR
    BILL AP/AR
    Better fit for companies with less than 1000 employees. Has broader industry applicability. Growing faster in terms of web traffic and employee count. Users highlight seamless QuickBooks integration and easy international payments. However, users report sync issues with accounting software and clunky AR functionality.
    Read more
  • Logo of Xero
    Xero
    Better for small to medium-sized businesses needing accounting software. Broader industry fit. More user-friendly but has less reliable bank feeds. Negative pricing sentiment.
    Read more
  • Logo of Glean.ai
    Glean.ai
    Better for analyzing spending patterns and gaining financial insights. Also considered easier to use with better customer support. Primarily for US-based companies.
    Read more
  • Logo of DocuPhase
    DocuPhase
    DocuPhase is growing faster and better for smaller businesses. It offers receipt management, OCR technology, and document management. However, users report slower support and occasional glitches. A Paymerang alternative.
    Read more
  • Logo of Coupa
    Coupa
    Better for businesses of all sizes and a wider range of industries. It has more momentum in terms of website traffic growth. However, user reviews are slightly lower.
    Read more

Paymerang FAQ

  • What is Paymerang and what does Paymerang do?

    Paymerang, a Corpay company, provides AP automation software for mid-sized and large businesses. It streamlines invoice processing, approvals, and payments with various options, including virtual cards. Integration with accounting systems helps increase efficiency and reduce manual work.

  • How does Paymerang integrate with other tools?

    Paymerang integrates with popular accounting software, enabling seamless automation of invoice and payment workflows. This integration streamlines financial processes, reduces manual work, and improves overall efficiency.

  • What the main competitors of Paymerang?

    Paymerang's main competitors include AvidXchange, BILL, Coupa, and SAP Concur. These platforms offer similar features, such as automated invoice processing, payment automation, and integration with accounting systems. They also target businesses seeking streamlined financial operations and improved efficiency.

  • Is Paymerang legit?

    Yes, Paymerang is a legitimate software company offering AP automation solutions. They are a Corpay company and offer features such as automated invoice processing, virtual card payments, and integrations with accounting systems. User reviews highlight time savings and ease of use.

  • How much does Paymerang cost?

    Paymerang does not publicly disclose pricing information. Contact their sales team to obtain a customized quote based on your specific business needs and transaction volume.

  • Is Paymerang customer service good?

    Paymerang's customer service receives overwhelmingly positive feedback. Users consistently praise the prompt, helpful, and professional support team, highlighting their ability to quickly resolve issues and provide knowledgeable assistance. A few users mention occasional delays or difficulties with specific issues, but the overall sentiment towards customer service is very favorable.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.