AvidXchange FastPay Review

Overview

FastPay was launched in 2009 and provides financial software and solutions for the media sector. These tools use analytics and proprietary technology to resolve the challenges of long payment terms and inefficient payment processes. The vendor has vast experience in executing digital payments and analyzing invoices, and uses their industry expertise to fulfill the requirements of their clients. FastPay offers the following solutions:

FastPay Network

A platform-based application that connects agencies and suppliers to expedite and streamline media payments.

FastPay Capital

Working capital product supported by media receivables without personal guarantees, warrants, or financial covenants.

FastPay ePay

Automated payment tool exclusively built for media agencies to safely pay invoices efficiently and quickly.

FastPay Political

Political media payment product with impressive invoice approval, revenue share, and payment throughput.

Benefits

What is FastPay ePay?

It is an automated payment program exclusively created for media agencies.

FastPay ePay functions with your accounting system to pay invoices, leveraging all available payment methods, while producing revenue in the process. This product solely focuses on media and along with the vendor’s industry-specific, extensive supplier network provides client satisfaction.

Automation

SitePay technology removes the requirement to manually input data into supplier websites, minimizing errors and saving time.

Visibility

Proprietary technology provides transparency and sophisticated reporting.  

Flexibility

Payments made through check, ACH, FastPay Network, and virtual card.

Follow-Up

ePay automatically notifies suppliers to process payments (so that you don’t need to) and the vendor’s team members follow up personally.

Integrations

Feature-rich and authorized connections with Microsoft Dynamics, Quickbooks, Advantage, Mediaocean, and others.

Proprietary Media Database

A vast supplier database with links to more than 60,000 media vendors.

Relationship Management

A squad of media payments specialists tracks your account to minimize labor and maximize revenue.

A Proven Product

FastPay ePay has processed billions of dollars in media payments since its introduction in 2012.

Product Features

Pricing

FastPay offers pricing information by quote. Contact them directly to get accurate pricing details of their various solutions.