Cherry is a B2B payment processing solution that integrates seamlessly with existing accounting software, such as QuickBooks, to automate and streamline accounts payable processes. By eliminating manual tasks and reducing errors, Cherry enhances efficiency and security in financial operations. Key Features and Functionality: - Automated Payments: Initiate payments directly from your accounting system, generating virtual checks for digital review and approval before processing. - Streamlined Approvals: Implement multi-layered review and approval workflows to enhance security and control over transactions. - Automated Reconciliation: Automatically match bank transactions with accounting records, identify discrepancies, and maintain accurate financial records in real time. - Integration with Accounting Software: Connect effortlessly with popular accounting systems like QuickBooks, Sage Intacct, and Dynamics 365 for smooth data flow and minimal setup. - Multiple Payment Methods: Support various disbursement options, including ACH, virtual credit cards, printable checks, and mailed checks, catering to diverse vendor preferences. Primary Value and Solutions Provided: Cherry addresses common challenges in accounts payable by automating payment processes, thereby reducing manual errors and improving operational efficiency. It offers enhanced security through multi-factor authentication and compliance with standards like PCI, HIPAA, and SOC 2. By providing real-time tracking and comprehensive oversight, Cherry empowers businesses to maintain control over their financial operations, strengthen vendor relationships, and scale their operations without increasing administrative burdens.