REPAY [NASDAQ: RPAY]
Turning Vendor Payments into a More Efficient Financial Process

Vendor payments can become a significant administrative burden when finance teams rely on paper checks and disconnected approval processes. Printing checks, coordinating signatures and tracking payment status consume time that could otherwise be used for financial management.

REPAY [NASDAQ: RPAY] offers an integrated payment automation model that helps businesses modernize disbursements without replacing their existing accounting infrastructure.

Its TOTALPAY platform combines electronic payment execution with automated workflows and dedicated vendor support. By connecting payment activities with established financial systems, REPAY helps organizations reduce manual intervention while maintaining control over how funds reach suppliers.

Replacing Manual Payments with Integrated Automation

REPAY approaches vendor payment automation as an extension of an organization's existing accounts payable function. Rather than requiring businesses to abandon familiar accounting processes, it integrates payment capabilities with their ERP or accounting software. This allows finance teams to modernize payment execution while retaining established financial oversight.

TOTALPAY supports the movement from paper-based disbursements toward electronic payments. Businesses can manage outgoing transactions through a centralized platform while accommodating vendors that prefer traditional checks. The arrangement reduces dependence on manual check processing without making a complete transition to digital payments a prerequisite for adoption.

The platform also supports customized approval workflows that reflect how organizations authorize expenditures. Finance personnel can approve payments remotely, eliminating the need to visit an office solely to sign checks. Multi-voucher support helps accelerate approvals involving multiple payment records, while configurable workflows reduce repetitive administrative tasks.

REPAY’s automation capabilities can reduce invoice processing time by 75 percent and save businesses up to 8 dollars per transaction when replacing paper checks with digital alternatives. These illustrate the potential savings available through reduced manual handling, although actual improvements depend on individual payment environments.

Connecting Payment Execution with Financial Systems

TOTALPAY's integration capabilities connect accounts payable activity with the financial applications organizations already use. REPAY supports integrations involving accounting and ERP software platforms like Acumatica and Sage, alongside specialized software serving automotive dealerships and other businesses. These allow payment automation to function within established software environments instead of as an isolated process.

Payment flexibility forms another component of the platform. TOTALPAY supports virtual cards and automated clearing house (ACH) transfers alongside checks, enabling businesses to accommodate different supplier requirements. Electronic methods can reduce the time spent preparing physical payments while providing alternatives for organizations managing substantial recurring disbursement volumes.

Virtual card transactions also introduce potential financial benefits. Eligible payments can generate rebates, allowing businesses to recover a portion of qualifying expenditure through their payment programs. REPAY combines these options with vendor management capabilities, allowing electronic payment adoption to develop according to supplier preferences and program eligibility.

Reconciliation is another key focus. TOTALPAY provides customizable real-time reporting and payment visibility, reducing reliance on manual transaction tracking. Disbursements can be tracked via reporting tools, which assist in carrying out the review process of accounts.

Combining Technology with Dedicated Vendor Support

REPAY combines automation technology with human support for vendor enrollment and payment administration. Its dedicated vendor enablement team contacts suppliers directly to determine their preferred payment methods. This removes the enrollment workload from internal finance teams while encouraging participation in electronic payment programs.

Vendor information management is part of that service. REPAY maintains payment details and handles updates when suppliers change their information. Its payment specialists also assist with payment administration, allowing organizations to delegate recurring disbursement responsibilities without necessarily expanding their internal accounts payable departments.

Security controls are integrated into the platform's payment functions. ACH validation helps reduce unsuccessful transfers, while positive pay supports verification of checks before processing. Businesses can assign access permissions and establish dual controls for payment authorization. Tokenization and encryption provide additional protection for sensitive payment information.

REPAY also offers a custodial account arrangement that reduces the need to share business banking details during payment activity. Its implementation model is designed to limit development requirements, with some programs capable of deployment in as few as three days. Together, these capabilities support adoption without requiring extensive changes to existing financial processes.

Demonstrating Results across Different Business Environments

REPAY’s work with Castle Group, a property management company, illustrates how its payment automation software eases high-volume vendor disbursements. Before adopting REPAY, Castle Group’s finance team processed approximately 3,000 paper checks each week, creating a significant administrative burden across its portfolio.

Castle Group wanted to automate payment execution while retaining its internal accounts payable structure. REPAY integrated its capabilities into their existing system and introduced ACH and virtual card options. Electronic payments subsequently accounted for approximately half of its vendor disbursements, replacing a previously check-dependent process.

The resulting improvements extended beyond payment delivery. Castle Group reported approximately 29,000 hours saved and 875,000 dollars in associated time and cost savings during 2025. Rather than reducing staff, the client redirected employees toward financial services and association support, demonstrating how automation can change the allocation of existing resources.

Supporting Financial Institutions and Long-Term Payment Performance

REPAY's business model also extends to financial institutions looking to incorporate vendor payment automation into commercial banking relationships. Banks can provide its capabilities under their own brands, expanding the payment services accessible to business customers. This connects REPAY's disbursement technology with existing institutional relationships instead of requiring a separate customer-facing payment provider.

The integrated model enables commercial clients to retain their existing financial software while gaining more flexibility in how they make payments to vendors. Businesses can gradually adopt electronic payments while continuing to issue checks to suppliers who prefer them.

These capabilities underpin REPAY's recognition as the Top Vendor Payment Automation Solutions 2026. Its combination of ERP connectivity, payment controls and dedicated vendor support provides a structured approach to reducing manual processing.