Scheduling recurring payments for vendors/partners

Purpose

1. Automate recurring payment scheduling for vendors and partners in estate liquidation.

2. Automating calculation, approval, dispatch, and reconciliation of payments.

3. Prevent missed or delayed payments and streamline account settlements.

4. Reduce manual workload, errors, and delays in the Estate liquidator segment of Professional Services in Real Estate.

5. Scaling operations by automatedly managing high transaction volumes for liquidation events.

Trigger Conditions

1. Automated detection of invoice approval or payment due date.

2. Automated flag from accounting platform on recurring payment schedule.

3. Automated new vendor onboarding with scheduled payment terms.

Platform Variants

1. QuickBooks Online

• Feature/Setting: Recurring Transactions API; automate scheduled bill payments to vendors.
  

2. Xero

• Feature/Setting: Repeating Bill Payments API automates invoice generation and payments periodically.
  

3. Stripe

• Feature/Setting: Billing Subscriptions API; automate partner payouts on recurring schedules.
  

4. PayPal Payouts

• Feature/Setting: Payouts REST API; automate scheduling and automatic release of payments.
  

5. Plaid

• Feature/Setting: Auth & Payment Initiation API; automate bank-to-bank recurring vendor transfers.
  

6. Bill.com

• Feature/Setting: Bill Scheduling and Automated ACH Payments; automate payments to partners/vendors.
  

7. Wise

• Feature/Setting: Batch Payments API; automate scheduled multi-currency liquidator payouts.
  

8. Oracle NetSuite

• Feature/Setting: SuitePayments Scheduled Payment Automation; automates batch vendor payments.
  

9. SAP Concur

• Feature/Setting: Payment Request and Scheduled Disbursements API; automate vendor cost cycles.
  

10. Zoho Books

• Feature/Setting: Recurring Expense API; automate repetitive partner/vendor remittances.
  

11. FreshBooks

• Feature/Setting: Recurring Payments and Scheduled Payments settings automate vendor fees.
  

12. Sage Intacct

• Feature/Setting: Automated Payment Scheduling through Intacct API; automates recurring settlements.
  

13. Microsoft Dynamics 365 Finance

• Feature/Setting: Scheduled Payments Automation via Finance APIs automates liquidation payouts.
  

14. Yodlee

• Feature/Setting: Money Movement API automates programmatic recurring transfers.
  

15. Tipalti

• Feature/Setting: Mass Payment API; automate scheduled partner/vendor payments.
  

16. Square

• Feature/Setting: Recurring Invoice and Payment API automates payments for contracted vendors.
  

17. Melio

• Feature/Setting: Scheduled Bill Pay API automates automated bill payment sequences.
  

18. Gusto

• Feature/Setting: Contractor Payments scheduling and Automation API; automate non-payroll cycles.
  

19. Dwolla

• Feature/Setting: Account-to-Account Transfers API; automate recurring vendor payments.
  

20. Payoneer

• Feature/Setting: Mass Payouts API automates regular multi-country vendor compensation.
  

21. HSBCnet

• Feature/Setting: Scheduled Payments Feature in Direct Integration API; automate bulk estates payouts.
  

Benefits

1. Enables automation, reducing manual financial errors and missed deadlines.

2. Automates compliance logging for audits.

3. Scales operations with automatedly-programmed scheduling.

4. Improves vendor/partner satisfaction with payment automation.

5. Centralizes payment flows by automatedly routing according to rules.

6. Ensures liquidity and cashflow visibility by automating notifications and reconciliations.

7. Reduces fraud risk by automating approval controls for payouts.

8. Saves operational costs with minimized human intervention and automated processes.