PayEm

RATING:

4.9

(31)

About PayEm

PayEm’s platform automates finance processes from request to reconciliation, giving individuals and teams within global organizations the ability to manage non-payroll spend. PayEm is one platform for vendor payments, corporate credit cards, employee expense management, procurement, subsidiary finances, and cross-border payments. With PayEm, companies can integrate their financial systems and ERP with an advanced end-to-end customized request-to-approval workflow and payment solution. Main features include: - Capture requests and invoices, create bills, schedule and send payments in any currency - Set rules, designate limits, and issue virtual or physical cards to make it easier to stay on track and within budget. - Automate approval flows, giving individuals and tea...

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PayEm Reviews

Overall Rating

4.9

Ratings Breakdown

Secondary Ratings

Ease-of-use

5

Customer Support

5

Value for money

5

Functionality

4.5

Most Helpful Reviews for PayEm

1 - 5 of 31 Reviews

User Profile

Avi

Verified reviewer

Facilities Services, 11-50 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed November 2021

Easy Saas solution for vendor management funding and approval flow

We needed better expenditure management, budget management, and a clearer understanding how much we spend on each vendor. PayEm has given me the ability to do budget tracking and troubleshooting on the spot. I’m in total control of the budget and can make sure that any deviation in the budget goes through me. At any given time. I know about the company’s expenses without going into outdated banking platforms. PayEm has also made it easy for employees to request funds. I no longer have to waste time with approval meetings. We easily avoid unnecessary credit card charges. The process is simple and convenient for everyone.

PROS

The robust purchase approval flow made our life easy. We can now receive requests from remote employees according to the company budget, manage all company vendor budgeting, and have a clear picture of all the money we manage, down to each and every transaction. I have visibility of all the money coming out of the company at the supplier level making it easy to manage the budget.

CONS

There’s nothing to dislike. PayEm is a great value-add for customers.

Reason for choosing PayEm

If you are looking for a robust approval flow, PayEm is your solution. I recommend this product to anyone who is still wasting time going back and forth with employees on fund requests. The finance team has transformed from the “difficult to work with” department to one that is fun and easy to work with. I'd happily recommend PayEm

Ariel

Aviation & Aerospace, 51-200 employees

Used daily for less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

3

Reviewed October 2021

Product review

Very good - the only thing that should be mentioned is the transparency regarding vendors that don't accept the CC as this might be crucial for some companies.

PROS

The UI is very clear and intuitive. The way it allows you to play with CC based on your needs

CONS

There are a lot of small stuff to implement that might create a better experience - i had a review call with our CS rep.

Reason for choosing PayEm

Recommendations from a friend + NetSuite abilities

User Profile

Einat

Verified reviewer

Electrical/Electronic Manufacturing, 51-200 employees

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

5

FUNCTIONALITY

3

Reviewed October 2021

Nice product for credit-cards' based purchases

It's providing us the ability to let our employees use credit cards without depending on their managers (by pre-approving limits /vendors) for each one individually if needed).

PROS

It's very easy to use, you can allocate each employee with its own credit card and monitor purchases / approval process.

CONS

Some suppliers are not accepting PayEm cards, which makes it difficult to rely on this service as the main solution.

Meirav

Education Management, 51-200 employees

Used daily for less than 12 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed November 2021

The only solution that serves both the finance department and all other departments in the company

Now, with PayEm if an employee leaves and forgets to close an account/subscription that charges every month, we can simply cancel that card, and the charges cease. Or, if a supplier attempts to charge more than we know is necessary, they're unable due to the settings we have defined for the card. There are no more credit card charges that we do not know who is responsible for. PayEm's SaaS and vendor management solution has truly made us more efficient.

PROS

I like the solution's efficiency: it allows the finance team to understand the owner and nature of each expense. In addition, PayEm offers control: over the approved budget, real-time spend, the ability to block a charge in case of deviation from the budget on the spot (and not in retrospect), prevents cases of card breaches and unfamiliar charges, and allows users to attach the invoice/receipt themselves.

CONS

Not every business works with an American credit card - but PayEm is working to change this. Also, the user experience can be improved, with slight changes that will make a big difference.

Reason for choosing PayEm

PayEm offers a convenient and efficient way for all company employees to request funds while ensuring the finance team still has control. You can create custom approval to streamline your process. Our employees feel it's so much easier to work with the finance department. We hear the feedback that employees feel there's finally a convenient and efficient way to request funds. Amazingly, there is a tool that makes everyone happy, from the employees to the finance/accounting department for the first time. Since PayEm - all the handling of credit cards in the company is no longer one of the tasks that bother me as an accountant :)

Maayan

Computer Software, 201-500 employees

Used daily for less than 12 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed November 2021

PayEm centralizes all expenses in one place and offers control over the budget and credit card

One of the challenges for us is that we have several global subsidiaries. With PayEm we can manage the employee-level expenses incurred for companies from different countries in different currencies and associate everything to the correct department and the right budget item–all in one place. Even each card has a different billing address. Of course, every issue of transparency and control has saved us a lot of time, and we finally have more control.

PROS

I like the interface the most. The dashboard is simple, and the UI is clear. When we asked everyone who uses PayEm, they all said that the interface is easy and accessible. The finance team doesn’t have to waste time explaining anything; it’s easy to connect to the system and submit requests. On the main dashboard, I see the essential data that centralizes important data like balance, spend amount view for different categories, all pending and rejected requests. It helps me set priorities and handle tasks because I see both on the macro and micro levels.

CONS

On occasion, if I was unsure how to do something, all I need to do is talk to Customer Support, and they always help.