Richmond Inno Article

How Richmond’s Paymerang Found Success Digitizing B2B Payments For many businesses, the work involved in handling supplier payments can be exasperating. Every invoice needs to be recorded, approved, paid and then reconciled, and management of that system can consume hundreds of hours of employee time annually. Nasser Chanda, CEO of Richmond-based fintech company Paymerang, believes … Read More

Paymerang CEO featured in SmartPros CFO education segment on finance automation

Paymerang CEO, Nasser Chanda, appeared in Financial Management Network‘s continuing education series to discuss the benefits of accounts payable and accounts receivable automation for enterprises. Click here to view the video. Financial Management Network is a professional education service of SmartPros, a Kaplan company. They deliver accredited continuing education programs and professional development training to meet state … Read More

Too busy to launch an ePayments program?

Too busy to launch an ePayments program? “We are too busy right now to implement an ePayment program.” This is what we sometimes hear from prospective clients considering Paymerang’s solution. We understand that your time is very valuable. That’s why we created one of the simplest implementation processes in the industry—launching in less than 30 … Read More

Don’t Settle for a Fractional Bank ePayment Solution

The world of electronic supplier payments is growing rapidly. Companies are making the transition to eliminate check writing and move to secure electronic payment (ePayment) platforms. The time savings, fraud prevention, and cost savings have already convinced many companies to outsource their accounts payable disbursements. Traditionally, banks have been the trusted adviser in this new world, but … Read More

Reduce Fraud Risk With Paymerang

Reduce Fraud Risk With Paymerang Fraud is a very real threat to finance departments in today’s modern world.  Do you know you can protect yourself and your business from the threat of fraud? Kroll, the leading global provider of risk and investigative services, released the 10th Annual Edition Global Fraud and Risk Report.  According to this report … Read More

Electronic Payments for Independent Schools

Electronic Payments for Independent Schools For years, Independent Schools have been looking for ways to streamline their typically small business offices in order to become more efficient.  Schools have looked at electronic formats for payroll, student billing, enrollments, and other labor and paper intensive processes.  However, most schools have not looked at the easiest way … Read More

Unleash the Power of Electronic Supplier Payments

There’s never been a better time to start paying your vendors electronically. From making you more efficient and secure, to enabling greater business agility for growth, and creating new revenue streams, it just makes business sense. As check fraud grows—according to our recent blog post, nearly 75% of organizations fell victim to check fraud in 2016—ACH … Read More

Worried About ACH and Check Fraud? Outsource Your ePayments

A recent survey by the Association for Financial Professionals (AFP) indicates a significant rise in payment fraud (see survey results here). In 2016, 74% of finance professionals reported that their companies were victims.1 According to AFP, checks continue to be the biggest target for fraud, with 75% of organizations falling victim in 2016. After checks, ACH and wire transfers … Read More