Bottomline has announced that it has partnered with MRI Software, a global leader in real estate technology.
Central to the partnership is a scalable, API-based integration coming this quarter between Paymode-X, the company’s AP automation solution, and MRI Software. The integration enables real estate companies to use one platform for all their accounts payable and payment automation needs – B2B, B2C, domestic and international.
The partnership furthers the aim of Paymode-X to make it simple for real estate companies to pay and get paid. Paymode-X is transforming how more than 450,000 member businesses securely pay and get paid, processing more than $250 billion annually.
Paymode-X was named a “Market Leader” in the Ardent Partners 2021 ePayables Technology Advisory report.
The Paymode-X MRI integration allows real estate companies to reduce the cost of processing payments, improve the efficiency of accounts payable, reduce the risk of payment fraud and improve cashflow by capturing early-pay discounts or maximizing cash-back rebates on their AP spend. Its features include:
“We are delighted to announce our Platinum partnership with Bottomline and the Paymode-X network,” said Sean Slack, Vice President of Partner Connect at MRI Software. “Integrating with a single, secure platform for all digital payments—domestic, international, B2B and B2C— is a new option for our clients. Our upcoming integration with Paymode-X will provide simple implementation, fast onboarding and continuous vendor recruitment and enablement, to help real estate companies reduce AP complexity, prevent fraud and improve cashflow. We look forward to demonstrating our joint offering at the upcoming Ascend event this month.”
“Our MRI partnership strengthens the vertical-specific value Paymode-X delivers to the real estate market,” said Tom Dolan, General Manager for Paymode-X, Bottomline. “The largest payers network by spend includes one of the largest networks of real estate suppliers who are ready to be paid digitally. That means MRI clients can realize faster time to value in both digitally transforming their payments and maximizing their rebate potential.”
