Contracts


PaymentWorks

PaymentWorks protects organizations from business payments fraud and ensures compliance with increasingly intense regulatory requirements and scrutiny. Through their platform, members automate the collection and verification of business identity information for all their payees, allowing for the continuous monitoring and updating of this information while thwarting efforts to hijack existing vendor records and redirect payments.


  • New and existing payees can self-manage changes and updates
  • Automated verifications, including TIN, address, and bank account ownership
  • Ensure compliance, Uniform Guidance
  • Interface with any ERP system
  • Fraud prevention, enhanced security, and risk mitigation
  • Reduce costs by shifting from checks to ACH payments
  • 90-day implementation = quick time-to-value with minimal IT resources
  • Competitive E&I member pricing