11/10/2026 | News release | Distributed by Public on 11/10/2026 11:12
Managing supplier payments can be complicated and time-consuming, particularly when different payment methods require different processes. J.P. Morgan Payments is simplifying that experience by expanding Strategic Payables, which already offered ACH and Premium ACH, to include Virtual Card and Check services. With this expansion, U.S. clients can now manage supplier payments across all four payment methods through a single experience and payment file, combining J.P. Morgan Payments capabilities, infrastructure and rails with the scale of Bottomline's Paymode network.
Instead of preparing and tracking separate payment instructions, clients can submit a single payment file through their enterprise resource planning (ERP) system, leveraging Paymode's network of over 635,000 suppliers and more than 300 data points to validate and authenticate every transaction. Paymode then manages supplier payment preferences and account details across J.P. Morgan Virtual Card, Premium ACH, ACH and Check services.
"We are constantly evolving our solutions to meet the demands of an increasingly complex payments landscape," said Karen Ions, Head of Commercial Card and B2B Payables at J.P. Morgan Payments. "Expanding Strategic Payables to include Virtual Card and Check payment methods deepens our ability to deliver meaningful value to clients across the full payables journey. By combining our infrastructure and controls with the reach of the Paymode network, we're providing businesses with a smarter, more connected way to pay their suppliers - regardless of payment type."
The experience is designed to help make the day-to-day work of accounting teams easier. By using multi-level authentication, the solution helps reduce fraud risk and removes that burden from accounting teams managing payments to suppliers. Automating and digitizing the accounts payable process can help reduce manual effort, errors and operational costs. And by paying suppliers through J.P. Morgan Virtual Card and Premium ACH, clients can earn rebates on eligible accounts payable spend, helping turn a traditional cost center into an opportunity to improve working capital.
"Businesses today expect payment solutions that are secure, efficient and flexible enough to support the way they operate," said Craig Saks, CEO of Bottomline. "Our longstanding relationship with J.P. Morgan is built on a shared vision of simplifying and modernizing B2B payments. By bringing together J.P. Morgan Payments' market-leading capabilities and operations, and the scale of the Paymode network, we're helping organizations accelerate payment digitization, strengthen supplier relationships and realize greater value from their accounts payable programs."
Hartz Mountain is using Strategic Payables as part of its broader work to modernize payments and reduce the manual effort required to review and process checks.
"For us, the value of Strategic Payables has been the time it gives back to our organization. By automating what was previously a very manual process, our team spends less time reviewing and processing checks and more time focused on running and growing the business," Lawrence Garb, Executive Vice President at Hartz Mountain Industries said. "The results have exceeded our expectations and helped advance our broader efforts to modernize payments across the organization while giving us a more streamlined way to manage payments across our supplier base."
For more information about our Strategic Payables solution, check out:
To learn more about J.P. Morgan Payments' integrations with Paymode, visit this page. Explore J.P. Morgan Payments Treasury Services here and dig deeper in related news:
The testimonials are the sole opinions, findings or experiences of the customer and not those of JPMorgan Chase Bank, N.A. or any of its affiliates. These opinions, findings or experiences may not be representative of all views or what all customers may achieve. JPMorgan Chase Bank, N.A. nor any of its affiliates are liable for decisions made or actions taken in reliance on any of the testimonial information provided.
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