FintechNews

Verto Unveils Automated Bill Pay for Global Businesses

Verto

Verto has rolled out a slick new bill-pay feature integrated into Verto Accounts that automates invoice processing, cuts down manual errors, and supports payments in 49 currencies, making international financial ops a breeze, especially for African businesses juggling cross-border complexity.

Verto’s latest launch integrates a bill-pay solution directly into its Verto Accounts platform, aiming to chop away hours of manual invoice headaches, tame multi-currency chaos, and shrink error risks. If you’re doing business across borders, this is one to keep an eye on.

Why It Matters

Finance teams can now upload invoices and let Verto handle the heavy lifting instead of wrestling with PDFs, manual entry, and currency conversions, Projects get funded faster, reconciliations are smoother, and teams can finally redirect brainpower to strategy rather than spreadsheet drudgery.

Key Features

  • Automated data extraction – All you have to do is upload your invoice and the form fills itself.
  • Direct payments from the invoice – Just click and pay and skip copying data into payment portals. 
  • Supports 49 currencies – Cross-border payments without the currency stress.
  • Intelligent beneficiary matching + invoice attachment – Track who’s paid what easily.
  • Fully integrated into Verto Accounts and works hand-in-glove with Verto’s Exchange Now features.

The feature is globally available to all Verto customers including businesses in Nigeria and Kenya.

Real-world use case? Imagine a Kenyan exporter sending dozens of invoices across Europe and Asia. Instead of manually entering each invoice, someone can now upload the file, have forms auto-populated, route FX via Exchange Now, and run bulk approvals. All this is done while tracking payees and currencies without breaking a sweat.

Conclusion

Verto’s new bill-pay feature doesn’t just work smarter, it injects a bit of peace into the often chaotic world of cross-border B2B payments. For African companies playing on the global stage, that’s a game-changer.

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Also Read: Verto Kenya’s Kevin Ng’ang’a on Simplifying Cross-Border Payments and Unlocking Trade Across Africa

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Editor at TechArena. I cover all things technology and review new gadgets as I get them. You can reach me on email: [email protected]

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