Product
Global Payments
Automate payments anywhere
Optimize processing costs
Full financial visibility
Product
Global Payments
The Features
Automate payment processes globally
Easily collect vendor payment details in 140+ countries and 40+ currencies.
Zip’s streamlined vendor portal experience applies thousands of validation rules to minimize the chance of payment errors.
Payment approval workflows, simplified
Efficiently prepare payment runs for approval and automatically loop in payment batch approvers based on subsidiary and amount.
Zip’s dynamic, no-code workflows streamline multi-level approvals so you can always make payments on time. Automatically fund payment runs with a direct debit connection to your bank.
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Enterprise-grade risk controls
Maintain separation of duties with granular permissions. Track all user and payment events with detailed audit trails.
Reduce fraud with payment method approval workflows and multi-factor authentication for secure payment management.
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Seamless ERP sync
Automatically post all relevant funding and transaction records in real-time to your ERP. Zip’s deep integrations support even complex, customized ERP instances.
Keep financial data up to date, no matter what happens. Reclassified transactions trigger new syncs to keep all your data updated with zero manual work.
Frequently Asked Questions
A global mass payment solution enables an organization to transfer funds to a supplier located in another country or using a different currency. Unlike domestic payments, making international payments often requires several extra steps, which is where a mass payment solution can step in to streamline processes and provide significant savings.
Zip’s solution automates global mass payments by collecting the right information from vendors, routing payments through the proper workflows, batch payment processing, and keeping detailed audit trails. Additionally, it can sync to ERPs to keep financial data up to date.
Payment services for U.S. customers are provided through Airwallex US, LLC (NMLS #1928093). Airwallex is licensed or authorized to do business as a money transmitter in most states. For some U.S. customers, Airwallex partners with Evolve Bank & Trust (member FDIC) to provide payment services.
A global payment solution saves time and lowers costs by automating parts of the process. Additionally, it reduces the risk of errors or fraud with features like permission controls, mandatory approvals, and multi-factor authentication.
Zip supports payments to vendors in 140+ countries in 40+ currencies.
Zip offers a secure vendor portal where you can schedule payments across the globe using your preferred payment method, including bank transfers, wires, checks, or virtual cards.
Zip seamlessly integrates with ERPs – even highly complex and customized instances. Records update in real time, so you’ll always see the most up-to-date financial information for your organization.
By eliminating the manual processes involved in making global payments, Zip dramatically cuts down the time it takes to make cross-border payments. Your organization will be able to pay service providers on time, with full financial transparency and built-in security controls.
Zip offers deep, customizable integrations for ERPs like NetSuite, Workday, and Oracle, as well as out-of-the-box integrations for dozens of critical SaaS tools like Slack and Jira.
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