Payroll giant ADP has launched ADP Payments for its Procure-to-Pay Solutions platform, which allows companies to complete the automation of their procure-to-pay cycle by initiating, controlling and monitoring supplier payments electronically.

ADP Payments is designed to integrate with clients’ financial and accounting systems and allow the payment of approved invoices via check or electronically.

The new product also aims to integrate early-payment discount terms into payment schedules, and offer visibility into invoice and payment status for buyers and suppliers

“ADP Payments allows us to take two ADP strengths—electronic invoice processing and payment services—and bring them together into a holistic solution,” said Leon Busch, vice president and general manager of ADP Procure-to-Pay Solutions.

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