Sending thousands of payments to hundreds of different vendors has never been easier. Routable allows you to deploy payments using a single CSV file upload.
When you’re growing a gig-economy business, there’s a ton of payments to be made. Whether it’s drivers, restaurants, vendors, or some other entity, the money has to get from your account to theirs. At Routable, we strive to build a product that fuels fast-growing companies to grow even faster and make payments less of a headache. In an effort to create a hassle-free payment experience, we built a solution that allows you to create and send thousands of payments to multiple vendors with a simple CSV file upload.
With CSV upload, you can:
- Save countless hours spent processing thousands of payments
- Scale your payment process without a full API integration
- Lower your operational costs
Save countless hours spent processing thousands of payments
For companies that send out thousands of payments a week to their vendors or gig workers, manual payment processes can be tedious and time-consuming. There’s a lot of payments to add track and manage, various checks that need to be made (Are there any duplicates? Are all of the payments approved? Are all the numbers adding up?) which can take hours if done manually. This creates a lot of room for error.
Routable’s CSV upload streamlines this entire process from start to finish, eliminating the friction you experience in your day-to-day. Here’s how it works: Simply format your payments into the appropriate CSV template. Then hit submit. Seriously, it is that simple.
Routable handles all of the “heavy lifting” by automatically checking for any duplicates in the file and flagging any errors to you before you officially upload them. Once you feel confident in the file upload, you will be prompted to add any approvers to the payment process. If no additional approval is needed, we can send the payments immediately and simultaneously. We’ll also automatically map all your fields to your accounting software (Xero, QuickBooks Online, and NetSuite) so you don’t have to. This extra step allows you to access a clear and timely audit trail any time you need it.
Scale your mass payouts process, even without a full API integration
Although our API integration can be one of the best ways to fully automate your mass payments process, it’s not always feasible for all companies to start using it right away. Maybe your engineering team doesn’t have the bandwidth, or you don’t have enough resources. However, you don’t want to pay your vendors or suppliers slowly and risk ruining those relationships. Your business ramping up quickly and you don’t need something as simple as sending payments slowing you down, even if it is thousands of payments. With CSV upload, you get the benefits of scaling your payments process quickly, even without using the API.
Lower your operating costs
Best of all, you can do more without as many resources. The countless hours spent entering payments one by one can be expedited, freeing up your team to focus on scaling your business and less on manual data entry.
How to start using CSV upload
If you’re a current customer and want to start using CSV upload, it’s available now for Oracle NetSuite, Sage Intacct, QuickBooks Online, and Xero integrations. Check out our support articles for more information on how to get started.
If you’re a new customer and you want to learn how Routable can help you scale from a few hundred to thousands of payments a month, or you want to learn more about how our API can scale your business even further, schedule a demo with us.