If businesses could simplify vendor payments here’s how it would look like

Upload InvoicesTrack InvoicesMake PaymentsAutomate TDS Payments

Auto-Capture invoice details

Say goodbye to manual data entry and excel sheet setups. Our smart OCR engine extracts invoice details from scanned documents as well as text-based PDF files.

checked-tick Invoice number
checked-tick Vendor & TDS payable
checked-tick Vendor Details
checked-tick Invoice date & due date

Gain more control and visibility

Account payables are easier than ever to manage, review and pay. Get real-time visibility into paid invoices and monitor upcoming payments.

checked-tick Maintain a vendor database with details like credit line and more
checked-tick Store invoices digitally and create an audit trail of actions
checked-tick Never miss another payment with reminders when invoices are due

Integrated payments and reconciliation

Pay via multiple methods in a single click. Make instant payouts or schedule invoice payments for a future date. Built-in reporting for more accurate, faster payment reconciliation.

checked-tick Range of payment options including NEFT/RTGS/IMPS/UPI
checked-tick Schedule payments to vendors to never miss out on a due date
checked-tick End the need to compare bank statements and spreadsheets for reconciliation.

TDS payments, automated!

RazorpayX Vendor Payments doesn’t just help in paying vendors on time, we ensure that your TDS payments are automatically categorized and paid to the Government.

checked-tick Calculates TDS and aggregates it under the right category
checked-tick Timely TDS payments to avoid penalties and interest
checked-tick TDS challans delivered to your inbox
Upload Invoices
Track Invoices
Make Payments
Automate TDS Payments

1. UPLOAD INVOICES

Auto-Capture invoice details

Say goodbye to manual data entry and excel sheet setups. Our smart OCR engine extracts invoice details from scanned documents as well as text-based PDF files.

checked-tick Invoice number
checked-tick Vendor & TDS payable
checked-tick Vendor Details
checked-tick Invoice date & due date

2. TRACK INVOICES

Gain more control and visibility

Account payables are easier than ever to manage, review and pay. Get real-time visibility into paid invoices and monitor upcoming payments.

checked-tick Maintain a vendor database with details like credit line and more
checked-tick Store invoices digitally and create an audit trail of actions
checked-tick Never miss another payment with reminders when invoices are due

3. MAKE PAYMENTS

Integrated payments and reconciliation

Pay via multiple methods in a single click. Make instant payouts or schedule invoice payments for a future date. Built-in reporting for more accurate, faster payment reconciliation.

checked-tick Range of payment options including NEFT/RTGS/IMPS/UPI
checked-tick Schedule payments to vendors to never miss out on a due date
checked-tick End the need to compare bank statements and spreadsheets for reconciliation

4. TDS PAYMENTS

TDS payments, automated!

RazorpayX Vendor Payments doesn’t just help in paying vendors on time, we ensure that your TDS payments are automatically categorized and paid to the Government.

checked-tick Calculates TDS and aggregates it under the right category
checked-tick Timely TDS payments to avoid penalties and interest
checked-tick TDS challans delivered to your inbox

Automate & simplify your accounts payables

By automating with RazorpayX Vendor Payments, you can

checked-tickReduce or eliminate errors from manual processes
checked-tickManage and track pending invoices with a reminder to pay on time
checked-tickAutomate vendor and TDS payments from a single dashboard
Sign Up

Why RazorpayX is the right Vendor Payments Automation tool for you.

Eliminate clerical errors
Eliminate clerical errors from
manual data entry with OCR technology.
Free finance team’s bandwidth
Free finance team’s bandwidth to
do more. Eliminate upto 80% of the effort required to pay vendors.
Store invoices digitally.
Store invoices digitally. No more
lost invoices, and no need to hunt through your email inbox.
Easy Reconciliation.
Easy Reconciliation. No need to
stitch bank statements and spreadsheets together again.
Stay informed.
Stay informed. Get a single,
clear view of all accounts payables into one dashboard.
Integrated Payments
Integrated Payments solution to
make vendor and TDS payments with a single click.

Here’s why businesses choose RazorpayX Vendor Payments

Spreadsheets
Other Tools
Auto-capture data from invoice
Available at a premium price
Track Invoice Payables
Due date reminders
Integrated payments options
Requires additional integration
Scheduled Payments
Automated TDS payments
Cost of ownership
Free*
payout charges apply
Free
₹1000 - ₹8000/month
For 100 invoices a month
background
background

Start for free.
Pay as you grow.

We offer plans for businesses of all sizes.
background
RazorpayX Basic
with Virtual Account
Dashboard & Bulk Payouts
API Payouts
Vendor Payments
Payout Links
Approval workflows
Insights & reports
300 free payouts/month
Every month; on all transfer methods: UPI, IMPS, NEFT and RTGS.
Pricing* after 300 free payouts
IMPS/UPI
Upto ₹1,000₹4₹2
₹1,000 - ₹25,000₹6₹4
Above ₹25,000₹9₹8
NEFT/RTGS₹5₹3
RazorpayX Pro
with Current Account
Guided Account Opening
Cheque Book & Debit Cards
Cash withdrawals & Deposits
Scheduled Payouts
Priority Support
And everything from Basic
500 free payouts/month
Every month; on all transfer methods: UPI, IMPS, NEFT and RTGS.
Pricing* after 500 free payouts
IMPS (UPI Coming Soon)
Upto ₹1,000₹4₹1.5
₹1,000 - ₹25,000₹6₹3
Above ₹25,000₹9₹7
NEFT/RTGS₹5₹2
background
Enterprise
For large number of payouts
Early Access to Features
24x7 Priority Support
Account activation in 24 hours
Dedicated Account Manager
And everything else from
Basic and Pro
Custom Pricing
Making more than 10,000 payouts every month? Reach out to discuss alternative pricing options.
*GST as applicable on the fee charged.
*Limited time offer.
In case of any queries, Contact us

Start for free.
Pay as you grow.

We offer plans for businesses of all sizes.

Sign up to automate your Vendor Payments.
There’s nothing to lose and your financial freedom to gain.

Sign Up
background

Frequently Asked Questions

FAQ's

What is Vendor Payments ?
What is Vendor Payments ?

RazorpayX Vendor Payments is an end-to-end account payable automation tool.

You add, track and make vendor payouts and automate TDS payments on the NSDL website for you to save time and effort

How can I pay my vendors through vendor payments ?
How can I pay my vendors through vendor payments ?

RazorpayX Vendor Payments makes it easy for you to pay vendors and supplier invoices in 3 easy steps.

Once you upload an invoice in the tool, details like invoice numbers, amount payables and due date are automatically captured and recorded in the tool. You will be reminded when it’s time to make the payment. You can instantly transfer funds via NEFT, RTGS, IMPS, and UPI through the dashboard.

How can I deduct TDS ?
How can I deduct TDS ?

You can configure TDS categories either at vendor level or invoice level. Vendor Payments app will automatically calculate the TDS deduction and account payable to the vendor.

The TDS deducted at each invoice is aggregated at a TDS category level and will be paid at the end of the month.

Who will make the TDS payment to the government ?
Who will make the TDS payment to the government ?

RazorpayX will automatically pay aggregated TDS to the government on your behalf at the end of each month. TDS challans will be available on your dashboard for auditing and tax-filing purposes.

Can I track invoices which are paid through cash and cheque ?
Can I track invoices which are paid through cash and cheque ?

Yes, you can mark the invoices paid as cash/cheque.

This allows you to track all your invoices in a single place. You can also choose to deduct TDS, which will be added to the TDS payment due for the current month.

How can I provide details to my CA for bookkeeping ?
How can I provide details to my CA for bookkeeping ?

You can either provide login credentials for your Chartered Accountant to access the invoices and payments records or take an export of the invoice payments and send them to your CA.

What is Vendor Payments ?

RazorpayX Vendor Payments is an end-to-end account payable automation tool.

You add, track and make vendor payouts and automate TDS payments on the NSDL website for you to save time and effort

How can I pay my vendors through vendor payments ?

RazorpayX Vendor Payments makes it easy for you to pay vendors and supplier invoices in 3 easy steps.

Once you upload an invoice in the tool, details like invoice numbers, amount payables and due date are automatically captured and recorded in the tool. You will be reminded when it’s time to make the payment. You can instantly transfer funds via NEFT, RTGS, IMPS, and UPI through the dashboard.

How can I deduct TDS ?

You can configure TDS categories either at vendor level or invoice level. Vendor Payments app will automatically calculate the TDS deduction and account payable to the vendor.

The TDS deducted at each invoice is aggregated at a TDS category level and will be paid at the end of the month.

Who will make the TDS payment to the government ?

RazorpayX will automatically pay aggregated TDS to the government on your behalf at the end of each month. TDS challans will be available on your dashboard for auditing and tax-filing purposes.

Can I track invoices which are paid through cash and cheque ?

Yes, you can mark the invoices paid as cash/cheque.

This allows you to track all your invoices in a single place. You can also choose to deduct TDS, which will be added to the TDS payment due for the current month.

How can I provide details to my CA for bookkeeping ?

You can either provide login credentials for your Chartered Accountant to access the invoices and payments records or take an export of the invoice payments and send them to your CA.

Sign Up
  • Easy Payouts and disbursals
  • Current Accounts
  • User-friendly Dashboards
  • Powerful APIs