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8th Aug 2021

Mass payments: Create and send thousands of payments with CSV upload

Written byTaran Soodan
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Introducing the newest way to send payments in Routable: You can now create and send thousands of payments to hundreds of different vendors with a single file upload.

When you’re building a business, there’s a ton of payments to be made: to your drivers, restaurants, vendors, and more. At Routable, we strive to build a product that fuels fast-growing companies to grow even faster and make payments less of a headache. We’re super excited to announce that now you can create and send thousands of payments to multiple vendors with a simple CSV file upload.

With CSV upload, you can:

  • Save countless hours spent processing large volumes of payments

  • Scale your payment process without a full API integration

  • Lower your operational costs

Save countless hours spent processing large volumes of payments

For companies that send out thousands of payments a week to their vendors or gig workers, manual AP processes can be tedious and time-consuming. There’s a lot of payments to add into your accounting software, various checks that need to be made (Are there any duplicates? Are all of the payments approved? Are all the numbers adding up?) which can take hours if done manually.

Routable’s CSV upload streamlines this entire process from start to finish. Simply format your payments into the appropriate CSV template. We’ll check for any duplicates and warn you before you upload them if there are any errors or if things don’t add up properly. If you need to add any approvers, you’ll be prompted to add them at the end. We’ll also automatically map all your fields to your accounting software (Xero, QuickBooks Online, and coming soon: NetSuite) so you don’t have to.

Scale your AP process when you don’t have time for a full API integration

Although our API integration can be one of the best ways to fully automate your accounts payable process, it’s not always feasible for all companies to start using it right away. Maybe your engineering team doesn’t have the bandwidth, or you don’t have enough resources. However, you don’t want to pay your vendors or suppliers slowly – that will inhibit your company’s growth, and you’re growing fast. With CSV upload, you get the benefits of scaling your payments process quickly, even without using the API.

Lower your operating costs

Best of all, you can do more without as many resources. The countless hours spent entering payments one by one can be expedited, freeing up your team to focus on more important activities and less on manual data entry.

How to start using CSV upload

If you’re a current customer and want to start using CSV upload, it’s available now for Oracle NetSuite, Sage Intacct, QuickBooks Online, and Xero integrations. Check out our support articles for more information on how to get started.

If you’re a new customer and you want to learn how Routable can help you scale from 500 to 100,000 payments a month, or you want to learn more about how our API can scale your business even further, schedule a demo with us.