[ Nickel Reviews ](https://www.g2.com/products/nickel/reviews) [ Nickel Reviews ](https://www.g2.com/products/nickel/reviews) # Nickel Features ##### ## Invoice Management (2) Capture Provide features to capture invoices such as import or scanning Repository Deliver a central repository of AP documents, such as POs and invoices Show More ##### ## Invoice Processing (3) Matching Ability to match AP invoices to POs, contracts, or payments Payments Identify incomplete or late supplier payments Workflows Include workflows for approvals and invoice processing Show More ##### ## Analytics (3) Due Dates Track invoices based on due dates to identify overdue payments Benchmarking Ability to compare AP automation metrics with other companies KPIs Monitor KPIs such as time to process an invoice or erroneous payments Show More ##### ## Integration (3) Accounting Provide integration with accounting and financial management software Payment Integration Integrate with payment gateways and enterprise payments software ERP Deliver integrations with accounting modules of ERP systems Show More ##### ## Payment Processing (4) Encryption Built-in security to protect payment information in order to prevent fraud and hacking. Credit Card Processing The ability to process credit card payments and receive approval or denial of funds from the customer's bank. Mobile Payments The ability to process mobile payments from a mobile wallet or other mobile phone payment app. Digital Wallet Integration The ability to process payments from a digital wallet service or other digital payment method. Show More ##### ## Administration (7) Reporting & Analytics Reports and analytics created from payment data. E-commerce Integration The ability to integrate directly with an e-commerce platform in order to create a seamless checkout experience. Processing Fees Fees associated with processing individual transactions that may be based on a percentage of the purchase or a flat rate. POS Integration The ability to integrate with a POS system in order to allow the processing of credit card or mobile payments in a store setting. Omnichannel Process payments from multiple channels such as ACH, mobile, or e-commerce. Levels 1 & 2 Supports levels 1 and 2 for credit card payment processing. Level 3 Supports level 3 credit card processing which requires additional data for qualification. Show More ##### ## Payment Options (1) Online payment portal Provides an online portal where customers can make payments. Show More ##### ## Security (1) POS Verification Support cardholder verification methods for POS transactions. Show More ##### ## Platform (2) Accounting integration Provide integration with accounting software and ERP systems. E-commerce Integration Provide integration with B2B and B2C e-commerce platforms Show More ##### ## Risk (2) Analysis Reduces future risks through root cause analysis and process improvement Identification Reduces frequency of errors, identifies risk and improves efficiency Show More ##### ## Recovery (2) Recoup Identifies and recoups funds and prevents errors from happening again Reporting Offers reporting to aid in minimizing future lost profits and process breakdown Show More ##### ## Audit (4) Filters Includes a library of audit-tested filters to identify AP outliers that are outside company policy Post Audits Conducts a post-audit analysis of large volumes of data to identify historical payment errors and automatically generate claims Overpayments Detects and prevents a wide range of overpayment errors Duplicates Detects and prevents a wide range of duplicate payments Show More ##### ## Fraud (3) Vendor Checks Enables automatic checks of new vendors being set up in the system to combat potential billing schemes Data Generation Generates comprehensive data needed to conduct a thorough investigation Monitoring Provides continuous, proactive fraud monitoring across multiple systems and data formats Show More ##### ## Platform Basics (2) Performance Performs and secures payments efficiently on both the user and the consumer ends Portal Contains a portal to facilitate contractor access to payments Show More ##### ## Platform Administration (3) Integrations Integrates with third-party HR software, such as systems for payroll, time & attendance, or core HR. Compliance Maintains compliance with payroll regulations. Reporting Provides analytics tools that reveal payment metrics of contractors over time Show More ##### ## Platform Payment Content (2) Document management Manages necessary information of contractors for ease of visibiltiy and access. Invoicing Tool Generates invoices from HR departments for managing freelance, contract, and extended workforce. Show More ##### ## Reporting (2) Status Reports on the status of invoices or payments History Tracks all transactions, from issuing invoices to payment reminders to receiving payment Show More ##### ## Integrations (3) Accounting Integrates with accounting or similar platforms ERP Integrates with ERP systems CPM Integrates with Corporate Performance Management platforms Show More ##### ## Transactions (3) Credits Manages credit limits based on customer credit scores, payment history, or other financial metrics Invoices Creates or imports invoices Payments Collects different payment types and manages payment terms Show More ##### ## Workflows (2) Approvals Offers customizable approval processes for all types of transactions Reconciliation Reconciles payments to invoices to ensure matching Show More ##### ## Agentic AI - AP Automation (1) Autonomous Task Execution Capability to perform complex tasks without constant human input Show More ##### ## Agentic AI - Accounts Receivable Automation (1) Autonomous Task Execution Capability to perform complex tasks without constant human input Show More ##### ## AI - Accounts Receivable (2) Generative Sends automated messages and reminders, resolves disputes, or does proactive outreach. Responses Responds to basic questions from inbound emails. Show More ## Top-Rated Alternatives [ ![Melio](https://images.g2crowd.com/uploads/product/hd_favicon/698b3f349de1461777441ff6a93bc853/melio.svg "Melio") Melio 4.4/5(248) ](https://www.g2.com/products/melio/reviews) [ ![BILL AP/AR](https://images.g2crowd.com/uploads/product/hd_favicon/5732d9e5c8486308f5159e2ec584bcfb/bill-ap-ar.svg "BILL AP/AR") BILL AP/AR 4.4/5(1,809) ](https://www.g2.com/products/bill-ap-ar/reviews) [ ![Ramp](https://images.g2crowd.com/uploads/product/hd_favicon/6a582a4fcd932a8ba3e2d4d73af44e65/ramp-financial-ramp.svg "Ramp") Ramp 4.8/5(2,487) ](https://www.g2.com/products/ramp-financial-ramp/reviews) [ View All Alternatives ](https://www.g2.com/products/nickel/competitors/alternatives) Nickel Comparisons ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_8a22bf15c0d9ad7f6aad66aecebf616d/melio.png "Product Avatar Image") Melio 4.4/5(248) [ Compare Now ](https://www.g2.com/compare/melio-vs-nickel) ##### Categories on G2 [ Contractor Payments ](https://www.g2.com/categories/contractor-payments)[ AP Automation ](https://www.g2.com/categories/ap-automation)[ Payment Processing ](https://www.g2.com/categories/payment-processing) [ Accounts Receivable ](https://www.g2.com/categories/accounts-receivable) Show More ##### Explore More [ Which exit interview management platforms provide clear reporting that helps executives identify actionable retention drivers? ](https://www.g2.com/discussions/which-exit-interview-management-platforms-provide-clear-reporting-that-helps-executives-identify-actionable-retention-drivers)[ Best AI platforms for producing short-form videos ](https://www.g2.com/discussions/what-s-the-best-ai-video-tool-for-creating-short-form-content-fast)[ Leading account-based orchestration services for large enterprises ](https://www.g2.com/discussions/leading-account-based-orchestration-services-for-large-enterprises) [ What session stability do augmented reality collaboration tools provide when customers are in areas with spotty connectivity? ](https://www.g2.com/discussions/what-session-stability-do-augmented-reality-collaboration-tools-provide-when-customers-are-in-areas-with-spotty-connectivity)[ What co-browsing tools work across all browsers without requiring a software download or plugin on the customer side? ](https://www.g2.com/discussions/what-co-browsing-tools-work-across-all-browsers-without-requiring-a-software-download-or-plugin-on-the-customer-side)[ Pros and Cons Details ](https://www.g2.com/products/nickel/reviews?qs=pros-and-cons) Show More [ Which exit interview management platforms provide clear reporting that helps executives identify actionable retention drivers? ](https://www.g2.com/discussions/which-exit-interview-management-platforms-provide-clear-reporting-that-helps-executives-identify-actionable-retention-drivers)[ Best AI platforms for producing short-form videos ](https://www.g2.com/discussions/what-s-the-best-ai-video-tool-for-creating-short-form-content-fast)[ Leading account-based orchestration services for large enterprises ](https://www.g2.com/discussions/leading-account-based-orchestration-services-for-large-enterprises) [ What session stability do augmented reality collaboration tools provide when customers are in areas with spotty connectivity? ](https://www.g2.com/discussions/what-session-stability-do-augmented-reality-collaboration-tools-provide-when-customers-are-in-areas-with-spotty-connectivity)[ What co-browsing tools work across all browsers without requiring a software download or plugin on the customer side? ](https://www.g2.com/discussions/what-co-browsing-tools-work-across-all-browsers-without-requiring-a-software-download-or-plugin-on-the-customer-side)[ Pros and Cons Details ](https://www.g2.com/products/nickel/reviews?qs=pros-and-cons)