Introducing Bill Pay: Automate your accounts payable process and pay bills globally, all in one place
Blog post from Airwallex
Airwallex has introduced Bill Pay, an accounts payable solution designed to centralize invoice upload, approval, payment, and reconciliation workflows for domestic and international bills. The company positions the product as a response to fragmented tools, manual data entry, spreadsheet-based tracking, and the added complexity of paying overseas vendors. Bill Pay uses AI and OCR to extract invoice details, supports duplicate-invoice and payment-detail checks, and offers configurable multi-level approvals, audit trails, mobile approvals, and comments. It integrates with Xero, with NetSuite and QuickBooks integrations planned, to synchronize invoice, approval, and payment data and accelerate reconciliation. Airwallex also supports payments to more than 150 countries in over 46 currencies, including instant payouts in more than 60 countries, while allowing businesses to hold and pay in multiple currencies and access its foreign-exchange rates when conversion is needed.
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