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Technology has transformed the way we pay. Today, we use cards, phones, and apps to manage bills and pay our expenses.
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But at work, managing accounts payable is still cumbersome. Keeping track of paperwork, due dates, and payment status can be overwhelming—and take time away from growing your business.
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We think it should be easier. That’s why we’re introducing Bank of America Complete AP, a solution that combines innovative technology with a full-service team of experts to transform your accounts payable.
[Scene description: Man at computer logging on to Bank of America Complete AP, then montage of businesspeople working on computers and tablets.]
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Beginning with your invoices, Complete AP eliminates manual processing like data entry and filing, approval management and audit research.
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Correct team for approval
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Invoices are sent to Complete AP from your suppliers, digitized, repopulated with header-level data and routed directly to the correct team for approval.
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Organized queues, alerts, and audit trails help your business become more efficient and your payables more transparent. Once invoices are approved, Complete AP streamlines your payments process by moving it online.
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Card
ACH
Check
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Using a single payment file, you can pay your suppliers without the effort and cost of paper transactions. Our accounts payable experts work directly with suppliers to process payments on your behalf according to their saved payment preferences using virtual card, ACH, or check. And payment status is always visible to both parties.
[Scene description: Montage of people using computers and tablets, then icons of Card, ACH, Check appear.]
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Getting started is easy. Complete AP integrates seamlessly with most leading accounting and ERP systems and can be configured to meet your unique business needs.
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Bank of America
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Bank of America Complete AP, making business easier.
[Scene description: Bank of America logo over graphic representation of a computer, and schematic of Bank of America at the center of multiple icons representing multiple transactions.]
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Bank of America Complete AP automates the entire Accounts Payable cycle, from invoice receipt and approval to payment execution, while integrating with your accounting or ERP system. Reducing your paper and manual process—simplifying your switch to digital.
“Bank of America” and “BofA Securities” are the marketing names used by the Global Banking and Global Markets divisions of Bank of America Corporation. Lending, other commercial banking activities, and trading in certain financial instruments are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A. Member FDIC. Trading in securities and financial instruments, and strategic advisory, and other investment banking activities, are performed globally by investment banking affiliates of Bank of America Corporation (“Investment Banking Affiliates”), including, in the United States, BofA Securities, Inc. and Merrill Lynch Professional Clearing Corp., both of which are registered broker-dealers and Members of SIPC, and, in other jurisdictions, by locally registered entities. BofA Securities, Inc. and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and members of the NFA.
Investment products offered by Investment Banking Affiliates:
Are Not FDIC Insured • May Lose Value • Are Not Bank Guaranteed.
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