Mekorma Offers AP Payment Automation for Microsoft Dynamics 365 Business Central
We are thrilled to announce the expansion of Mekorma Remote Payment Services to Microsoft Dynamics 365 Business Central. This new integration opens a world of possibilities for Accounts Payable, empowering organizations to streamline the tail end of their vendor payment process.
Remote Payment Services (RPS) is a joint solution provided by Mekorma and Corpay, a global leader in business payments. Mekorma’s software links Business Central users to Corpay’s payment automation platform, while allowing payment selection and approvals to be handled within Business Central.
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What does this mean for you and your AP department? Let's dive into the benefits:
Optimized Payment Execution: Once you’re enrolled in the program, Corpay will leverage its extensive vendor network to optimize and execute payments on your behalf. Vendors are paid by outsourced checks, virtual credit cards, or ACH. This takes the burden of sending payments off your AP team, while supporting your vendors with their preferred payment type.
Boost Efficiency and Save Costs: By automating your payment processes, you eliminate the need for time-consuming tasks like printing, signing, and mailing paper checks with in-house staff. This means significant time and cost savings for your finance teams.
Enhanced Security: Protecting your sensitive payment data is paramount. Mekorma's Remote Payment Services prioritize security, utilizing industry-leading encryption and robust security measures to keep your information safe and secure.
Minimize Fraud Risk: Corpay assumes liability for all payments made through their service, greatly reducing the risk of fraudulent activities. It's peace of mind for your financial operations.
Hassle-Free Vendor Enrollment: Transitioning vendors to electronic payment types can be a daunting task. Mekorma Remote Payment Services comes with a team of Enrollment Specialists who are dedicated to assisting your vendors through the onboarding process. They'll handle ongoing payment inquiries and account changes too, making the transition smooth and hassle-free.
Remote Payment Services was first available for Microsoft Dynamics GP customers. For those Dynamics GP users considering a future transition to Business Central ERP, implementing RPS now can ensure that your payment process continues uninterrupted throughout your migration.
At Mekorma, we understand the challenges businesses face when managing payments efficiently. We're passionate about empowering organizations like yours to streamline accounts payable, increase efficiency, and enhance financial control.
To learn more about how Mekorma Remote Payment Services for Dynamics 365 Business Central can transform your AP process, please check out the product page or reach out to our experts.
