With ME (MarginEdge) Bill Pay, you can pay your bills directly from within MarginEdge, putting an end to the time and cost of writing checks, stuffing envelopes, and buying stamps. Some great features of ME Bill Pay include:
- View all your unpaid invoices on a single screen and sort them by due date, vendor, and payment status.
- What if I have multiple units? Multi-location restaurant groups can view and pay invoices across locations from a single screen (must share a Company, but not required to share a Concept). See this article for more info.
- What if I have multiple units? Multi-location restaurant groups can view and pay invoices across locations from a single screen (must share a Company, but not required to share a Concept). See this article for more info.
- Choose the invoices you would like to pay, select the dates you would like them to be paid, and MarginEdge will send the payment as scheduled. (Only available for vendors with a US postal address.)
- When will my vendor receive the payment?
- Check payments are sent via USPS First Class Mail. ~95% of checks are received within 3-4 business days
- Electronic Payments are remitted directly to the vendor 2 business days after the payment is processed in MarginEdge
- See this article for more details on payment cut-off and transit times.
- When will my vendor receive the payment?
- Payment are synced with your accounting system*, saving you time and keeping your A/P up to date
- Allow Vendors to receive confirmation emails so they know when their payment is on the way
- Set up automatic payments so that you don't have to remember to schedule that payment on time! And if you only need to pay part of that bill right now, you can do that too.
- And if that payment you forgot about needs to go out today, you can just pay a vendor and upload the invoice later!
*Bill Pay payments are only able to sync with supported accounting systems; some integrations may require a manual update. See this article for more info.
More reading to get you up and running with ME Bill Pay:
Set up vendors to pay them with Bill Pay
Paying invoices and Other Features of ME Bill Pay
Recorded Training Webinar for Bill Pay
If you have any questions about this feature (or any other aspect of MarginEdge), reach out to us anytime at help@marginedge.com.
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