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BMO V-PAYO

An integrated payables solution that offers clients automation, process efficiency, and digitization that includes reporting, approvals, payment decisioning and reconciliation reports.

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Overview

BMO V-PAYO

Best for

Providing clients with more visibility and control for their supplier payments. 

Speak with your BMO relationship manager to learn more.

Client automation and process efficiency

Single file for multiple payment methods

Visibility into supplier payments

Flexible file transfer options

Here are some features of BMO V-PAYO

Features include: 

  • Offers clients automation, process efficiency, and digitization that includes reporting, approvals, payment decisioning and reconciliation reports. 
  • Offers flexible file integration options into your company’s enterprise resource planning (ERP); making the process more automated, efficient, and easy to reconcile. 
  • Flexible file transfer options (direct upload, SFTP, API). 
  • Process payments in a single file for multiple payment methods (virtual card, EFT, wires, cheques). 
  • Intuitive user interface with visibility into supplier payments. 

Corporate Card benefits

Banking with BMO goes beyond just having an account with us. Explore the benefits that comes with owning a Corporate Card with BMO.

  • Mitigate risks while managing expenses

    • BMO Spend Dynamics offers a user-friendly online tool designed to help you manage your Corporate Card program more easily. Get visibility and control over your company’s spend, in addition, its comprehensive reporting helps improve business decisions, optimize spend policies.
    • Ensure your corporation is protected from unauthorized and non-business expenses, mitigate risk, and protect against employee misuse.

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