Nickel Features

Provide features to capture invoices such as import or scanning

Deliver a central repository of AP documents, such as POs and invoices

Ability to match AP invoices to POs, contracts, or payments

Identify incomplete or late supplier payments

Include workflows for approvals and invoice processing

Track invoices based on due dates to identify overdue payments

Ability to compare AP automation metrics with other companies

Monitor KPIs such as time to process an invoice or erroneous payments

Provide integration with accounting and financial management software

Integrate with payment gateways and enterprise payments software

Deliver integrations with accounting modules of ERP systems

Built-in security to protect payment information in order to prevent fraud and hacking. This feature was mentioned in 69 Nickel reviews.

As reported in 70 Nickel reviews. The ability to process credit card payments and receive approval or denial of funds from the customer's bank.

The ability to process mobile payments from a mobile wallet or other mobile phone payment app. This feature was mentioned in 67 Nickel reviews.

The ability to process payments from a digital wallet service or other digital payment method. 62 reviewers of Nickel have provided feedback on this feature.

Reports and analytics created from payment data. This feature was mentioned in 70 Nickel reviews.

As reported in 64 Nickel reviews. The ability to integrate directly with an e-commerce platform in order to create a seamless checkout experience.

Fees associated with processing individual transactions that may be based on a percentage of the purchase or a flat rate. 69 reviewers of Nickel have provided feedback on this feature.

Based on 58 Nickel reviews. The ability to integrate with a POS system in order to allow the processing of credit card or mobile payments in a store setting.

Process payments from multiple channels such as ACH, mobile, or e-commerce. This feature was mentioned in 62 Nickel reviews.

As reported in 57 Nickel reviews. Supports levels 1 and 2 for credit card payment processing.

Based on 52 Nickel reviews. Supports level 3 credit card processing which requires additional data for qualification.

Based on 69 Nickel reviews. Provides an online portal where customers can make payments.

Based on 55 Nickel reviews. Support cardholder verification methods for POS transactions.

As reported in 61 Nickel reviews. Provide integration with accounting software and ERP systems.

Based on 52 Nickel reviews. Provide integration with B2B and B2C e-commerce platforms

Reduces future risks through root cause analysis and process improvement

Reduces frequency of errors, identifies risk and improves efficiency

Identifies and recoups funds and prevents errors from happening again

Offers reporting to aid in minimizing future lost profits and process breakdown

Includes a library of audit-tested filters to identify AP outliers that are outside company policy

Conducts a post-audit analysis of large volumes of data to identify historical payment errors and automatically generate claims

Detects and prevents a wide range of overpayment errors

Detects and prevents a wide range of duplicate payments

Enables automatic checks of new vendors being set up in the system to combat potential billing schemes

Generates comprehensive data needed to conduct a thorough investigation

Provides continuous, proactive fraud monitoring across multiple systems and data formats

Performs and secures payments efficiently on both the user and the consumer ends

Contains a portal to facilitate contractor access to payments

Integrates with third-party HR software, such as systems for payroll, time & attendance, or core HR.

Maintains compliance with payroll regulations.

Provides analytics tools that reveal payment metrics of contractors over time

Manages necessary information of contractors for ease of visibiltiy and access.

Generates invoices from HR departments for managing freelance, contract, and extended workforce.

As reported in 18 Nickel reviews. Reports on the status of invoices or payments

As reported in 17 Nickel reviews. Tracks all transactions, from issuing invoices to payment reminders to receiving payment

Integrates with accounting or similar platforms This feature was mentioned in 17 Nickel reviews.

As reported in 17 Nickel reviews. Integrates with ERP systems

As reported in 17 Nickel reviews. Integrates with Corporate Performance Management platforms

Based on 16 Nickel reviews. Manages credit limits based on customer credit scores, payment history, or other financial metrics

As reported in 16 Nickel reviews. Creates or imports invoices

Collects different payment types and manages payment terms 17 reviewers of Nickel have provided feedback on this feature.

Based on 15 Nickel reviews. Offers customizable approval processes for all types of transactions

Reconciles payments to invoices to ensure matching 16 reviewers of Nickel have provided feedback on this feature.

Capability to perform complex tasks without constant human input

Capability to perform complex tasks without constant human input This feature was mentioned in 11 Nickel reviews.

Sends automated messages and reminders, resolves disputes, or does proactive outreach. 11 reviewers of Nickel have provided feedback on this feature.