SUPPLIER VENDOR PAYMENTS

Manage Supplier and Vendor Payouts

Get an easy way to pay for raw materials, contracted services, and utilities. Openfloat simplifies the process of creating, organizing, and making payments to your suppliers and vendors. Make timely payments, eliminate delays, and reduce transaction costs with our versatile supplier and vendor payments solution.

VENDOR INVOICE MANAGEMENT

Track your invoices and business spend. Reduce your accounts’ team workload with simultaneous disbursements, real-time reports, and analytics. Optimize your cash flow management with Openfloat’s budgeting capabilities.

benefits

Discover the Benefits of Using our Supplier and Vendor Payments Solution

EFFICIENCY & VERSATILITY

Instant Disbursements & Diverse Payment Methods

Swiftly send money to bank and mobile accounts, ensuring prompt payments to suppliers and vendors. Make bank and mobile money settlements to cater to the preferences of your suppliers and vendors.

ACCURACY

Efficient Reconciliation

Access detailed real-time transaction records for effortless reconciliation, ensuring accurate financial records. Track your invoices from creation to payment.

SIMPLICITY

Centralized Supplier Management

Manage suppliers and vendors from one dashboard. Eliminate paperwork and reduce human error, ultimately saving money.

How to Pay Your Supplier and Vendors on Openfloat

Single Transaction

Step 1

Log in to your Openfloat account

Step 2

Select send money, from the drop-down, select upload payments

Step 3

Select payment option (M-Pesa, Till, Paybill, Bank)

Step 4

Input the recipient name, mobile number, notification number, amount and remark

Step 5

Verify recipients' details and attach invoices/receipts if required

Step 6

Complete payment or submit for approval

Bulk Transaction

Step 1

Log in to your Openfloat account

Step 2

Select send money, from the drop down, select upload payments

Step 3

Download the template and input all the necessary details i.e Account type, account name, account number, notification number, amount and remark

Step 4

Upload your ready payment file

Step 5

Verify recipients' details and attach invoices/receipts if required

Step 6

Complete payment or submit for approval

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Openfloat

Pesapal, we provide customized payment solutions for our merchants. We listen to their needs and create unique solutions to their payment challenges. We offer businesses an accessible, reliable, and cost-effective way to collect money via mobile money, debit,

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