Case Study
Paymerang helps college AP department ace operational efficiency
Paymerang helps college AP department ace operational efficiency The Client Randolph-Macon, a private, liberal arts college with 1,400 undergraduates. The Challenge With more than 13,000 payments made each year, Randolph-Macon’s AP staff was spending hours a day cutting and stuffing checks, then sending them to the mailroom for additional processing. In addition to supplier payments, employees were also being issued checks for travel and expense reimbursement. Lost checks and check reconciliation were an ongoing burden. The college wanted to streamline operations by moving to an electronic payments model but could not find a solution that made sense. The Solution After spending more than a decade searching for an electronic payments partner that would fit within their existi