AvantGard PayNetExchange
Corporations are focused on how to improved efficiencies, reduce costs and manage risk. For many companies the move towards outsourcing electronic payments offers a way to address these issues. AvantGard PayNetExchange is a Web-based application that automatically generates image and data remittance information for payments as they relay across the wires from a company’s bank to various payee bank deposit accounts. The solution helps enable payees to then view, print or save the remittance advice online.
Features
- Provides an intuitive Web-based application for control of the payment production process
- Offers automatic analysis of data and disbursement for payment by either ACH or by check
- Routes ACH payments to the vendor bank and checks to internal or external production centers
- Stores payment information in a secure archive that can be viewed online
- Delivers automatic notification of remittance advice
Benefits
- Reduces printing and postage costs
- Reduce check fraud
- Reduce accounts payable task load
- Reduce payment disputes
- Helps improve sustainability and facilitate corporate environmental policies
Brochures & Datasheets