Version 1.0 of The Mekorma Payment Hub for Business Central is Officially Here!
As part of our ongoing commitment to making life easier and less stressful for Accounts Payable (AP) teams, all of us at Mekorma are very excited to announce the release of version 1.0 of the Payment Hub, our end-to-end AP solution for Microsoft Dynamics 365 Business Central.
Our development team has been working hard to deliver solutions that matter AP professionals and organizations. Some of these include:
Automatic Vendor Validation – This solution checks vendor data for Tax Identification Number discrepancies pre-1099. It also flags any concerns for Office of Foreign Assets Control (OFAC) compliance and checks addresses for validity with the Google global database.
Enhanced Check Printing – Speed up your process by 75%, while also adding useful features such as remittance overflow reporting, secure electronic signatures, a customizable MICR line, and easy access to payment copies to make sure you’re ready for any audits or inquiries.
Remote Payment Services – Helping to reduce dependence on checks and bring businesses into the future, this solution allows organizations to offer more payment options to vendors, including ACH, EFT and virtual credit card. A simple click of a button sends the payments off to be processed by a third-party processor, creating significant efficiencies for the Accounts Payable team. This solution also provides an opportunity for organizations to earn cash back through rebates.
The Action Board – At the heart of the Payment Hub is the Action Board, which helps busy AP professionals quickly move through all stages of the payment process using a centralized dashboard for approvals, batch creation, and payment processing. This solution streamlines payment generation to speed up the AP lifecycle, increase accuracy, and reduce repetitive tasks. Available for single-company and multi-company scenarios.
While enhancing and expanding on the default settings in Business Central, we've created a variety of fully embedded end-to-end solutions that transform your Accounts Payables processes and bring more wellness to your AP team. Want to see the full list of features? Visit our Business Central Explore Features page.
But we’re not done yet! We invite you to check out our roadmap for Business Central and stay in touch, as even more helpful features will be coming soon.
“With the Payment Hub, we’ve created a remarkable end-to-end AP Payments solution on Business Central. This solution is an easy-to-use way for companies to reduce their time-to-pay, decrease errors, and free up valuable time for their AP team,” said Ora Goldman, Mekorma CEO and founder.
“At Mekorma, we are committed to creating what we like to refer to as ‘AP wellness,’ and that starts with empowering AP teams with tools that allow them to work more effectively and efficiently. “
Are you ready to see how Mekorma can help simplify your AP processes and make life better for your team? Head over to AppSource to download a free 30 day trial of the Payment Hub for Business Central or set up a call with a Mekorma Expert to arrange a personalized demo.
