Telpay

Telpay accelerates financial operations for accountants with automated bill payments, secure payroll deposits, and streamlined cash flow management. While advanced reporting options are limited, its centralized platform ensures accurate transactions and improved approvals. It is ideal for finance teams, bookkeepers, and small to mid-sized businesses managing frequent payables.

What Is Telpay?

Telpay is a comprehensive electronic payment system built to help Canadian organizations transition away from paper-based financial processes. It serves as a unified hub for managing accounts payable and receivable, making treasury departments more efficient. The platform automates supplier payments and payroll distributions, ensuring that every transaction is tracked and verifiable. By eliminating the need for manual checks, it helps businesses maintain better cash flow visibility and reduces the administrative burden of month-end reconciliations.

How Much Does Telpay Cost?

The Telpay cost starts at $10/month. This basic plan, known as Starter, supports 1–14 transactions/month and includes essential payment features such as bill payments and employee payments. Further pricing tiers of the software are as follows:

• Telpay Standard: $24/month
• Telpay Max: $39/month
• Telpay CRA-only: $10/month

In addition to the base subscription costs, organizations should account for the following expenses:

• Implementation: Charges $49–$99 one-time setup, depending on the plan
• Transaction Fees: $0.55–$1.50/transaction, depending on plan and payment type
• Payment Exceptions And Adjustments: $10–$30/returned or failed transaction; $25+ for manual tracing or adjustments
• Staff Training: $500–$3,000 depending on team size and accounting workflow complexity (industry benchmark)
• Accounting Integrations: $0–$5,000 depending on integration depth with platforms like QuickBooks or Sage

Disclaimer: The pricing is subject to change.

Telpay Integrations

The software supports integration with multiple platforms, such as:

• Sage 100
• Sage Business Cloud Payroll Professional
• QuickBooks Online
• Microsoft Dynamics 365
• Adagio Accounting

Who Is Telpay For?

Telpay is ideal for a range of industries, including:

• Property and real estate
• Retail
• Professional Services
• Hospitality
• Construction

Is Telpay Right For You?

Many service businesses struggle with paper checks, manual payables, and complex remittance workflows, leading to administrative delays and limited visibility into cash flow. Telpay addresses these pain points with secure online payment processing, multiple approvers, and streamlined approvals that keep transactions transparent and on schedule. Trusted by firms such as The Nerdery Bookkeeping for its reliability and support, Telpay serves organizations that prioritize accuracy, efficiency, and compliance.

Still not sure about Telpay? Contact our support team at (661) 384-7070 for further guidance.