Lecture Notes: Introduction to Pay Cloud Plus

Key Statistics

• 50% of companies still rely on paper checks.
• 3 out of 4 companies are ready to switch to digital payments.

Introducing Pay Cloud Plus

• Purpose: To aid transition from paper checks to digital payments and optimize check printing.
• Savings: Can save up to 76% on AP costs.

Features and Benefits

Superior Check Printing

• Tailormade Branding: Customization options for checks.
• Barcodes and Digital Signatures: Multiple digital signatures and barcodes for enhanced security and tracking.
• Merge Data: Combine data from different sources, providing enriched invoice details.
• Unlimited Overflow Pages: Handle large volumes of information without restriction.

Security

• Integrated Positive Pay: Reduces fraud risks.
• Approval Workflows: Streamlined for additional security.
• End-to-End Encryption: Ensures data security.

Virtual Payment Optimizer: Pay Shift

• Function: Converts paper checks to ACH or E-checks, facilitating digital payments.
• Dashboard: Tracks savings and environmental impact.
• Payee Flexibility: Allows payees to choose how and when they receive payments.

Call to Action

• Join the Revolution: Encouragement to transition to digital payments with Pay Cloud Plus.