On Coach Street in Canandaigua, PayfileIQ operates as a hub for financial and accounting services, focusing on modernizing the order-to-cash and procure-to-pay processes for its clients. This business concentrations on Accounts Payable and Accounts Receivable transactions, utilizing internet connectivity and web browsers to streamline approvals and reduce journal entry steps. By doing so, PayfileIQ aims to cut costs and effort for clients handling large volumes of invoices each month. The company's expertise spans accounting, financial services, and IT services, making it a versatile resource for local businesses.

With its innovative approach to automating accounts payable processes, PayfileIQ caters to businesses that send and receive hundreds or thousands of invoices monthly. The company's services include automated account code assignment, real-time visibility, and extensive reporting, all designed to simplify the invoice approval process and reduce labor-intensive tasks. By leveraging technology to accelerate invoice processing, PayfileIQ helps its clients achieve faster approvals and lower costs, making it a valuable asset to the local business community in the Finger Lakes region.