WO Payments Suite

Say hello to full-featured A/R automation and go from order-to-cash fast

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Media companies face unique accounting challenges that demand specific capabilities from accounts receivable (A/R) software. WO Payments Suite helps media finance teams manage these challenges by automating order-to-cash processes to improve both efficiency and accuracy. The result is increased on-time payments, improved cash flow, and reduced operating costs.

 

Purpose-built for the media industry, WO Payments Suite is more than just a payment portal, extending automation throughout the entire accounting cycle to save both time and money by reducing manual effort and associated errors. WO Payments Suite’s robust cash application, lockbox, and treasury reconciliation tools will enable you to go from order-to-cash fast.

Improve efficiency, save time, and reduce DSO

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Expedite collections by connecting buyers and sellers on a single portal

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Improve both efficiency and accuracy by automating A/R management

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Accelerate cash flow by accepting multiple payment types to reduce Days Sales Outstanding with A/R automation

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Reduce costs and mitigate risk with PCI-DSS compliance and dunning functionality

Say Hello to increased on-time payments with a payment portal buyers embrace

According to a Forrester Consulting study*, 64% of media agencies look for payment vendors that understand the complexities of the media industry so they can avoid both the damage to reputation (72%) and the costs (40%) associated with delinquent payments. Purpose-built specifically to address these unique complexities, WO Payments Suite includes electronic check (ACH), and PCI-DSS-compliant credit card payment processing, with an intuitive buyer-facing portal already utilized by more than 80,000 media buyers across 65,000 agencies.

With WO Payments Suite, Bonneville International reached over 50% client adoption within the first six months of implementation. Another broadcaster found similar results, with over 80% of clients satisfied with the efficiency and ease-of-use of WideOrbit’s buyer-facing payment portal. By making it easy for clients to pay their invoices, WO Payments Suite has helped both companies, and their clients, avoid the cost and inconvenience of late payments.

*Forrester Consulting, It’s Time For Media Agencies To Digitize The Last Mile Of Payments, February 2019

WideOrbit Payments Suite Media Payment Software

WO Payments Suite extends the workflow efficiency of WO Traffic, WO Network, and WO Omni into the post-sale stage – from invoicing and payments, to cash application and reconciliation – to create a true, end-to-end solution.

  • Streamlined collections

    Support for online payment processing means you can say goodbye to paper checks and payments by email, fax, or phone

  • Direct cash application

    Direct API Lockbox technology provides fast, secure, accurate, and timely payment posting

  • Intuitive buyer payment portal

    Easy self-serve payment options improve client adoption, minimizing collections efforts to improve efficiency and increase client (buyer) satisfaction/useability

  • Increased security and compliance

    Keep your clients’ personally identifiable information (PII) data safe with full PCI-DSS compliance

  • Traffic system integration

    Seamless data synchronization with WO Traffic, WO Network, and WO Omni improves accuracy by ensuring every payment is automatically associated with the correct client and invoice

  • Cloud based

    Secure, 24/7 remote access from anywhere, on virtually any device, with automatic software updates – no hardware to buy or support

  • Flexible workflows

    Supports centralized and decentralized business models, with customizable workflows to eliminate redundant effort and save your team time

  • Improve your customers' experience

    WO Payments Suite provides a positive customer experience, with single sign-on, access to all related invoices, historical payment data, and the ability to set-up recurring payments

Key integrations

WO Traffic
WO Network
WO Omni

Critical data synchronization with WO Traffic, WO Network, or WO Omni, including invoices, orders, and agency/advertiser profiles, to ensure maximum accuracy and efficiency.

Learn more about WO Traffic Learn more about WO Network Learn more about WO Omni
Basys and Payrix logos - payment processing options

Payment processing options

WideOrbit partners with multiple credit card and ACH processors, ensuring timely, accurate, and efficient payment processing at the best price.

Learn more about Payrix Learn more about Basys

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How Bonneville Streamlines A/R Collections with WideOrbit

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Part 5 of 5: The Secret Sauce ARCHIVE

Get your copy of our WO Payments Suite product overview

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Please complete the form to learn more about WO Payments Suite’s full-featured A/R automation, and go from order-to-cash fast. A WideOrbit representative will be in touch as soon as possible to answer your questions or schedule a demo.