Every country has its own banking requirements: A payment to India requires an IFSC code. Mexico requires an 18-digit CLABE. Germany requires an IBAN and BIC. Brazil requires a CPF or CNPJ, a bank code, and an agency number.
Manual collection makes errors inevitable: With 150+ countries, each with different requirements, managing this accurately through email, spreadsheets, and PDF forms is a structural problem, not a process gap. A single missing field sends a payment back, triggers an investigation, and costs your team hours of work they should not have to do.
Payee Intelligence™ validates payment instructions in real time, before funds enter the banking network, guided by country-specific rules that your team should never have to memorize.
Built into Ascendant's global payments platform, Payee Intelligence™ automatically identifies the banking details required for each country and currency, helping finance teams avoid payment returns, manual investigations, and costly delays.
Suppliers, contractors, and employees enter their own banking information through a guided self-service experience.
Payee is now available for all future transactions. Funds move with verified instructions.
A returned payment triggers an investigation, a supplier inquiry, a bank charge, and more administrative time. Payee Intelligence™ attacks the root cause: bad data entering the banking network.
Country-specific validation catches incomplete or incorrectly formatted information before payments are submitted, reducing returns and repair requests.
Replace email collection, PDF forms, and spreadsheets with a guided, self-service workflow. Payees complete their own information. Your team reviews and approves.
Validated payee records create a consistent, auditable process. Sensitive banking information is stored within the platform, not in inboxes or shared drives.
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Payee Intelligence™ absorbs the administrative load that grows with payment volume. Organizations scale global operations without increasing headcount.
Suppliers get paid on time, with fewer delays and follow-ups. Fewer escalations mean less time spent coordinating between AP, treasury, and your banking partners.
Fewer exceptions means fewer investigations and less coordination between AP, treasury, and banking partners. Teams running lean get measurable hours back every week.
Self-service onboarding
Payees receive a clear email invitation and complete their banking information through a guided portal, prompted for exactly what their country and currency require.
Self-managed updates
When banking details change, payees update their own records through a secure, verified process rather than sending an email that gets lost in an inbox.
Payment visibility
Suppliers track their payment from initiation through delivery, including status, fees, and estimated arrival, without contacting your AP team for an update.
Payment failures do not stay in one department. A bad payee record creates work for AP, treasury, and the controller before anyone sends a single follow-up email.
Payee Intelligence™ removes the source of that work. Validated data before payment. Fewer exceptions to investigate. Less time coordinating between teams that should be focused elsewhere.
Finance teams using Payee Intelligence™ spend less time on payment administration and more time on the work that actually requires their expertise.
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