Manually processing individual payments can be a time-consuming task, especially if you have multiple bills to pay. That's why we've created consolidated payments.
With our consolidated payment feature, you can now pay multiple bills with just one payment. This is a bit different from Batch payments - which you can read more about here - and it means you can save time and effort. This feature is especially useful for businesses or individuals who have to pay multiple bills on a regular basis.
💡 Please note that only bills for the same vendor, in the same currency, going to the same bank account can be consolidated into a single payment.
At this time, only bill-pay payments can be consolidated and payments that are financed cannot be consolidated.
Bills cannot be consolidated if a vendor credit is applied.
This feature isn't available for customers who are using our Finaloop integration due to technical integration constraints.
How To Schedule a Consolidated Payment
Select bills for the same vendor that you want to consolidate into one single payment and click on "Review and pay" at the top.
Next, you'll see a side-screen pop up, summarizing each bill that will be included in the payment. Here, you can also edit the amount you want to send for each bill, and you can also change the bank account info for the vendor. There is also the option to separate all bills into their own single payments (this is the original batch payment view).
Additionally, you have the option to schedule a single payment alongside a consolidated payment, essentially combining the batch and consolidated features on the same screen. To do this, separate the bill you'd like to pay separately by clicking the "unlink" icon above each bill summary.
The separated bill then becomes Payment 1, while the other bills that are still consolidated are Payment 2.
Proceed to payments and select your payment method and pay-from bank account and that's it!
Vendors will see a message that a bill is a part of a consolidated payment.
If you have any further questions or need assistance, please don't hesitate to contact our customer support team.