PaymentWorks

PaymentWorks provides vendor management software for vendor onboarding and payments, streamlining vendor verification, automating compliance monitoring, and optimizing payables strategy. The system facilitates secure vendor data management with automated sanctions checks and audit trails to reduce vendor fraud risks. Founded in 2013 in Cambridge, United States, the company has raised $36.2M in Series A funding from investors including New Heights Capital. Provider of vendor management software for vendor onboarding and payments. The software streamlines vendor verification, automates compliance monitoring, and optimizes payables strategy. It facilitates secure vendor data management and aims to reduce vendor fraud risks. The system offers features such as automated sanctions checks and audit trails. Founded in 2013, headquartered in Cambridge, United States.