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What is Informa Remittance Processing?

Each week, businesses handle countless envelopes filled with checks and payment coupons that require swift processing. The necessity of processing such a high volume of payments has led to the implementation of numerous bureaucratic steps for reviewing and handling each transaction. This meticulous, labor-intensive process can be time-consuming and often necessitates the hiring of temporary staff to manage the workload. Imagine the possibilities of enhancing your remittance processing by minimizing the need for human involvement. The Informa Remittance Processing solution is designed to help you realize significant efficiency gains. Many of our clients have reported achieving remarkable straight-through processing (touchless) rates ranging between 80 and 90%. The outcome of this improvement is a reduction in errors and an acceleration in payment cycles, ultimately benefiting the entire organization. Embracing such a solution can transform your payment processing experience remarkably.

What is Bottomline Paymode?

Paymode, the business payments network created by Bottomline, facilitates over $570 billion in annual transactions within the realm of business payments. Recognized for its effectiveness, Paymode serves as a valuable platform for both suppliers and payers alike. With more than 635,000 verified companies utilizing its services, Paymode helps organizations lower their payment processing expenses, mitigate fraud risk, and enhance efficiency in accounts payable and receivable operations. Clients of Bottomline experience a reduction in processing times exceeding 50% due to the implementation of digital payment solutions, improved approval workflows, and the automation of receipt and reconciliation tasks, ultimately driving better financial management. Additionally, this innovative approach allows businesses to focus more on growth rather than administrative burdens.

Media

Media

Integrations Supported

Deltek Vision
Ellucian Banner
Infor CloudSuite ERP
Infor CloudSuite HCM
Infor CloudSuite Industrial Enterprise
Infor M3
JD Edwards EnterpriseOne
MEDITECH Expanse
MRI Software
Microsoft Dynamics 365
Microsoft Dynamics 365 Business Central
Microsoft Dynamics GP
Microsoft Dynamics SL
Oracle Cloud Infrastructure
QuickBooks Accountants
QuickBooks Online
RealPage
SAP Cloud Platform
Sage 100
Thomson Reuters ONESOURCE

Integrations Supported

Deltek Vision
Ellucian Banner
Infor CloudSuite ERP
Infor CloudSuite HCM
Infor CloudSuite Industrial Enterprise
Infor M3
JD Edwards EnterpriseOne
MEDITECH Expanse
MRI Software
Microsoft Dynamics 365
Microsoft Dynamics 365 Business Central
Microsoft Dynamics GP
Microsoft Dynamics SL
Oracle Cloud Infrastructure
QuickBooks Accountants
QuickBooks Online
RealPage
SAP Cloud Platform
Sage 100
Thomson Reuters ONESOURCE

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Informa Software

Date Founded

2001

Company Location

United States

Company Website

www.informasoftware.com/remittance-processing/

Company Facts

Organization Name

Bottomline

Date Founded

1989

Company Location

United States

Company Website

www.bottomline.com/us/paymode

Categories and Features

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

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