Get Better Visibility and Control Over Your Payment Process
A Single, Simple Interface
Payables processes are generally manual and often supported by two types of electronic systems: an internal accounting system (such as QuickBooks) and an external banking system (online banking and bill pay services).
SVB PayAbility is layered over your existing accounting application and integrates directly with SVB's payment systems - with no changes required to either one. It streamlines your payables process, improves cash management and operational efficiencies, and increases security through one simple interface.
- Eliminate paper backups and enable electronic approval
- Handle multiple payment types through a single interface
- Improve cash management and operational visibility, with daily matching and reconciliation
- Decrease internal and external security risks significantly
- Enhance reporting for various payment controls frequently addressed in audits
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