Accounts Payable | Vendor Payment Batches
Pay 200 vendors in one click. The right rail, the right release, the right reconciliation.
NEFT, RTGS, IMPS or UPI selected per amount and urgency. Auto-fallback if a rail is down. Connected Banking with ICICI, HDFC, Axis, Yes, Kotak and SBI. Maker-checker release with OTP or DSC. Status posts back UTR by UTR.
What the system does
Capability, input, output.
| Capability | Input | Output |
|---|---|---|
| Rail selection | Bill amount + urgency + bank cut-off | NEFT / RTGS / IMPS / UPI per bill |
| Auto-fallback | Rail status from bank API | Failover with retry trail |
| Maker-checker | Maker submission + checker action | Released batch with OTP / DSC |
| Status post-back | Bank UTR confirmation | Per-bill paid / pending / failed status |
| Failure retry | Failed UTR + retry policy | Auto-retry on fallback rail |
-
Rail selection
- Input
- Bill amount + urgency + bank cut-off
- Output
- NEFT / RTGS / IMPS / UPI per bill
-
Auto-fallback
- Input
- Rail status from bank API
- Output
- Failover with retry trail
-
Maker-checker
- Input
- Maker submission + checker action
- Output
- Released batch with OTP / DSC
-
Status post-back
- Input
- Bank UTR confirmation
- Output
- Per-bill paid / pending / failed status
-
Failure retry
- Input
- Failed UTR + retry policy
- Output
- Auto-retry on fallback rail
Compliance + integrations
Released the way RBI expects, recorded the way Companies Act requires.
Maker-checker dual control on every batch. OTP or DSC on release. Audit trail on every decision. Connected Banking with the major Indian banks; cheque and DD as fallback for vendors who still need them.
Regulations we work within
-
RBI Master Directions on dual control
Maker-checker enforced; no single user can release a payment.
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Rule 11(g), Companies Act
Append-only audit trail on every release decision.
-
IT Act 2000, Section 5
DSC-signed release recognised as a legal record.
Connects to
- ICICI Bank Bulk NEFT, RTGS, IMPS, UPI
- HDFC Bank Bulk NEFT, RTGS, IMPS, UPI
- Axis Bank Bulk NEFT, RTGS, IMPS, UPI
- Yes Bank Bulk NEFT, RTGS, IMPS, UPI
- Kotak Mahindra Bulk NEFT, RTGS, IMPS, UPI
- SBI Corporate bulk NEFT / RTGS
Vendor Payment Batches FAQ
What buyers ask.
Which banks are integrated for direct payment?
Connected Banking is live with ICICI, HDFC, Axis, Yes, Kotak Mahindra and SBI. Each supports bulk NEFT, RTGS, IMPS and UPI. Other banks supported via NEFT / RTGS file upload.
Can we use the same software for ERP plus payments?
Yes. The bill posts in OneFinOps, the payment fires from OneFinOps, the books update on confirmation. If you keep books in Tally or Zoho, the payment posts back as a receipt to your ERP.
Is OTP or DSC required for release?
Yes. Maker-checker dual control is enforced on every batch. The checker authenticates with OTP (sent to a registered mobile) or DSC (where the bank requires it). The audit trail captures both. Single-user release is not supported.
Can we do bulk UPI?
Yes. UPI as a rail is supported in bulk where the bank API allows. The system enforces the per-transaction UPI limit (₹5L on most banks; ₹15L for verified merchants on supported banks).
More in Accounts Payable
Related features
Payment Scheduling
Schedule batches by due date. MSME 43B(h) rule enforced. Take early-pay discounts. Bank rails for direct payment.
See Payment SchedulingBank Reconciliation
Bank statements imported daily and auto-matched against payments and receipts.
See Bank ReconciliationMSME 43B(h) Compliance
Udyam status verified. 45-day rule at scheduling. Disallowance impact surfaced before override.
See MSME 43B(h) Compliance
Run your next batch through Connected Banking, free.
Connect one bank, run a batch of up to 100 vendors. The release follows maker-checker; the books update on UTR confirmation.