Paymerang

Paymerang was founded in 2010 with a simple goal: to deliver a solution that would facilitate electronic supplier payments for businesses—and generate profit in the process. Through its revolutionary simplicity, Paymerang enables clients to pay all their vendors electronically with a single payment file. By handling the entire process, from secure vendor enrollment to payment processing to payment reconciliation and customer service, Paymerang is able to offer efficiency that saves hundreds of hours of finance time, security that protects all types of payments from fraud, and financial rewards that turn accounts payable into a profit center. The company provides solutions for clients around the country in education, healthcare, media, manufacturing and beyond. Paymerang processes over $1.5 billion in payments annually to a network of over 60,000 suppliers from coast to coast, with 75 percent receiving electronic payments.