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Business Exchange Profile

AP Advantage

AP advantage™ is a uniquely comprehensive accounts payable disbursement solution that allows companies to pay vendor invoices electronically and move away from costly and inefficient check processing. AP advantage integrates seamlessly with a client’s existing accounting system and includes includes Card, ACH and Check processing options. System integration, vendor research and enrollment, system training, compliance, reporting and ongoing support are also included with the program. Once client payments are imported and approved, AP advantage then intelligently decisions every payment, sorts the payments into necessary file types, makes the disbursements and then handles the reconcilement including positive pay. Clients do not have to modify their existing AP processes or accounting system to pay vendors via the AP advantage Network. Payments are protected and insured and all data is stored securely, encrypted and never shared. In addition to vendor payments, AP advantage supports employee expense reimbursements via ACH direct deposit. The benefits include cash back rebates on card accepting vendors, reduced bank fees, and improved efficiency.

AP Advantage Reviews

5
I would use this again
Member's Profile
(Chief Financial Officer at Timmons Group)
Business where it was used: Revenue: $10 - $100M, Industry: Civil Engineering
Very knowledgeable and helpful resources during implementation. In addition, responsive to questions during the transition to the new payments process. Provide dedicated resources that understand our business and what we are trying to accomplish.
5
I would use this again
Anonymous Author
(CFO)
Business where it was used: Revenue: $100 - $999M, Industry: Healthcare
AP Advantage does everything that it is supposed to do and more. Our AP process is much smoother. We've added capacity inthe AP department by not spending time with check processing. Our employees in particular love the ACH expense reimbursement. And the quarterly rebates have exceeded all expectations. The entire staff is customer focused and will make sure everything is done correctly. These are true experts in their field.
4
I would use this again
Member's Profile
(Chief Financial Officer at Timmons Group)
Business where it was used: Revenue: $10 - $100M, Industry: Civil Engineering
AP Advantage offers dedicated resources to help with the implementation as well as questions we in the day-to-day use of the system. This service committment is great when needing to solve issues timely. Other big bank payment services may have great resources for help but it is time consuming and inefficient working through their call centers.
5
I would use this again
Member's Profile
(Director of Finance and Administration at James River Grounds Management)
Business where it was used: Revenue: $10 - $100M, Industry: Landscape Management
Implementation of the system was very easy and didn't require any major modifications to how we were already processing AP. We have saved money by streamlining the payables process through AP Advantage decisioning and processing the payment for each vendor and have now actually turned AP into a profit center. In addition, everyone at AP Advantage has been great to work with and offered fantastic customer service. Highly recommended, especially for Small and Mid Sized businesses that don't necessarily have the resources for a larger AP team.
5
I would use this again
Member's Profile
(Accounts Payable Supervisor at Union First Market Bank)
Business where it was used: Revenue: Less than $10M, Industry: Banking/Financial
If you are looking for a vendor that will process payments for your company's payables, then AP Advantage Network is the way to proceed. Staff is very knowledgeable, great customer service and the best part is you can make revenue while paying your invoices.
5
I would use this again
Member's Profile
(Controller at Randolph-Macon College)
Business where it was used: Revenue: $10 - $100M, Industry: College
The implementation went smoothly. We are saving time and money. The product is working as promised. We are earning rebates to make this a positive cash flow. The business and customer service team are very helpful and accessible. We are partners in this venture.
5
I would use this again
Anonymous Author
(CFO)
Business where it was used: Revenue: $10 - $100M, Industry: Healthcare-Urology

This product has helped streamline our payments process overnight. The time savings, the number of checks we no longer print, the postage, etc. has made a signinficant impact for our company (in addition to the quarterly rebates).

Everyone on staff is very professional, friendly, and pleasant to work with. Not only will the help you through the entire implementation, but they also make themselves available on a day in and day out basis for anything that may arise. I highly recommend AP Advantage.

5
I would use this again
Member's Profile
(Director of Financial Services at Richmond Kickers Soccer Club)
Business where it was used: Revenue: Less than $10M, Industry: Professional and Youth Soccer Organization
This product is very user friendly, and secure. Our customers love getting their money quick and not to have to rely on usps delivery. This is saving our company money on postage and printing, not to mention time.
5
I would use this again
Member's Profile
(vp& corporate controller at qubicaamf)
Business where it was used: Revenue: $100 - $999M, Industry: manufacturing of bowling equipment
This was the most seamless transaction from start to finish in my entire career. The best thing is getting a return back on how one pays their invoices. The quality of their staff and knowledge base made us feel very comfortable in that we were in the hands of a company that wanted to successfully partner together. More companies should use AP Advantage as it is the leader in the payment industry...hands down!
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4.77778
9 Ratings, 9 Reviews
9 out of 9 would use this again

Business Information

Founded:
2009