The best alternative to payment processors
Unhappy with how your current payment processor is handling your mass payouts and how much it might be costing you? See why you should switch to Routable today.
Trusted by amazing finance teams
Routable's API has saved our team countless hours by automating thousands of outgoing payments every year. Our partners couldn't be happier with the quality of service we're now able to provide - and it's only possible because of Routable.
David McKay
Seated, Co-founder and CEO
Why finance and engineering teams switch to Routable
There are many reasons to switch to Routable from a payment processor. Here’s how our features compare to some of the most popular payment processors.
| Payment Processors | Routable | |
|---|---|---|
| Mass payments |  | |
| Cross-border payments | | |
| Vendor tax info collection | | |
| Full per payment audit trail | | |
| Full 2-way sync with NetSuite |  | |
| Full 2-way sync with Xero | | |
| Full 2-way sync with QuickBooks Online | | |
| Full 2-way sync with Sage Intacct | | |
| Payment method - Check | | |
| Business model designed for payouts - flat fee per transaction | | |
| Support for advanced fields, custom segments, and document syncing in your accounting software | | |
| Build your own vendor onboarding experience with a REST API | | |
| No requirement to pre-fund balance for Standard or Expedited ACH | | |
| Custom approval rules | | |
| No vendor account required | | |
Cost of doing business
Unlike processors who charge you a small percentage of each transaction value –and sometimes even a small fee per vendor that you set up– Routable typically charges a flat fee per transaction, making it more cost effective for everyone.
Save thousands of dollars with Routable pricing that starts at $0.50 / transaction
Compare making a $100k payment with a processor that could cost you anywhere around $250 but only $0.50 per transaction with Routable
Minimize your payment costs, particularly for high-volume and high -ticket transactions
Reach more vendors with more payment options
Unlike some processors who may not support checks, we provide you with convenient payment options, increased speed of payments, cross-border payments, approving payments in bulk to communicating the payment details for that ideal payment experience.
Four different ACH payments speeds available
Eight different check payment speeds available
Real-Time Payments for instant direct-to-bank transfers
Pay vendors and contractors in 200 countries and territories
Real-time, two-way sync with your accounting software
Most payment processors cannot send data to your accounting integrations. Can your processor help your finance team create and manage vendors, or create a new payment record in your accounting system? With Routable, you’ll get a real-time, two-way sync.
Import settings from either Xero, QuickBooks Online, Oracle NetSuite or Sage Intacct
Support for advanced fields, custom segments, and document syncing in your accounting software
Keep track of your transactions
Reconcile faster with our real-time data sync
"I love Routable’s modern intuitive UI and responsive support team. The API was very straightforward and barely took a day. If you’re thinking about using Routable for your payables and receivables, just do it!"
Sunil Gowda
Garmentory Co-founder and CEO
We make easy business payments a reality
Thousands of finance leaders trust our expertise in B2B payment solutions. Their successes speak for themselves.
70% reduction in tedious payable tasks with our easy-to-use software
25% less time spent on reconciliation with our two-way data sync
40% reduction in the cost of bill payments and mass payouts
Control of funds
Routable connects directly to your bank account(s), so the funds always come directly from your bank account, not a float account or a processor-owned account.
More cash flow control, especially as you grow
We don't hold your money in our bank account for your payouts
Approval rules done right
Can your processor help you customize your approval rules so you can have multiple levels of approvals for payments of a certain amount and more? Routable makes it easy for you to define your approval rules to help you stay in control and in compliance.
Multiple levels of approvals to help you stay in control
Better collaboration across cross-functional teams with a streamlined approval process
Trusted, on-brand vendor onboarding experience
Shouldn’t your vendor payment experience look like it’s owned by your business? With Routable, your vendors know they’re dealing with your business in a custom branded experience.
No need for your agents, brokerages or your vendors to create a Routable account
Collect tax and payment information with a custom-branded vendor onboarding flow
