Vendor bills, approved and paid.
Capture vendor bills, route them through approval, and prepare the payment handoff. Keep approvals, recorded payments, and export files with the bill.
The problem
Approvals happen by text. Bills get paid late, paid twice, or paid against an expired COI. Reconciling at month-end is a treasure hunt.
Capabilities
- Bill capture. Upload, email-in, or vendor portal. Header fields are extracted automatically.
- Approval workflow. Routes based on amount, GL account, or vendor. Board approval where required.
- Pay and export. Record approved bill payments and export the AvidPay file for the external payment handoff. Confirm provider setup before use.
Frequently asked questions
Do you support check payments?
Monty can record payments and prepare the AvidPay file. Check delivery and payment execution depend on your external provider and configuration.
Can boards approve bills above a threshold?
Yes. Approval rules are configurable per building.
Does Monty block payment on expired COIs?
Coverage checks and authorized override permissions depend on the action and setup. Ask to review the vendor-payment workflow for your building.