Streamline your AP process
Intelligent Payables are designed to grow with your business and meet your evolving AP needs.
Automated accounts payable (AP) solutions
Increase the efficiency of your accounts payable process with Intelligent Payables from Bank of America. Our digital-first solutions are designed to grow with your business and meet your evolving AP needs by automating manual processes, mitigating fraud risk and improving working capital. It’s another way we’re making business easier.
Complete AP
An end-to-end invoicing and payment solution that automates your AP process.
- Configurable workflow approvals
- Flexible, secure payment options
- Full-service vendor enrollment
Comprehensive Payables
A best-in-class, flexible solution that combines a Virtual Card and a differentiated ACH Network experience to take your payables program to the next level.
- Digitize payments and optimize processes
- Maximize benefits from working capital
- Nurture key vendor relationships
Take your card program to the next level
Empower administrators and cardholders with our business credit card solutions.
Take control of business expenses
Simplify your T&E and purchasing expense management with our range of widely accepted business credit cards.
Featured insights
Frequently Asked Questions
Q: What are the main benefits of AP Automation?
- Digital approval workflows and dashboards
- Save time and improve productivity so you can focus on other business needs
- Mitigate fraud by no longer storing supplier information and converting checks to digital payment methods
- Earn rebates on spend for digital payments
Q: How will AP Automation help me grow my business?
- Visibility into spending habits
- Control of electronic payment timing to improve finances and reduce the need for checks
- Reduce operating costs
- Improve ability to scale
- Strengthen supplier relationships with easy-to-access information on payment statuses, enabling suppliers to resolve issues quickly
Q: Can AP Automation products integrate with my ERP?
It’s very likely. Our AP Automation solutions integrate with hundreds of ERP systems and can integrate simply with your ERP and accounting systems, enabling you to send a single file for all of your payment types: virtual card, ACH and check payments.
Q: What is the implementation timeline for an Intelligent Payables solution?
In as few as 45 days from the time you provide your payments data, you can send your first electronic payment.
Contact us
Let us help you increase AP efficiency and set up an automated accounts payable solution that works for your business. Contact your Bank of America representative today.