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What is PayiQ?

PayiQ stands out as an advanced payment processing and intelligence platform that utilizes cloud technology to modernize legacy payment systems from before the internet era into a versatile, secure, and data-centric solution for merchants, independent sales organizations, and software vendors, offering a wide range of processing services, automation tools, and detailed consumer analytics. The cloud-based architecture enables faster transaction processing and bolsters security while automating essential management functions like risk assessment, merchant onboarding, chargeback handling, and residual calculations, thus reducing manual effort and operational expenses for partners and resellers, which allows them to focus on enhancing their revenue opportunities. Additionally, for merchants, PayiQ diligently collects and analyzes extensive transaction and order data from numerous sources, transforming previously anonymous cardholders into recognizable first-party profiles that reveal their buying behaviors, preferences, and shopping frequency, which plays a crucial role in developing customized marketing approaches. This forward-thinking strategy not only boosts customer engagement but also nurtures lasting loyalty by delivering personalized experiences tailored to individual consumer insights, ultimately fostering deeper connections between brands and their customers. As a result, PayiQ not only streamlines payment processes but also empowers businesses to thrive in a competitive landscape.

What is Mekorma?

Mekorma has played a pivotal role in helping numerous accounts payable departments enhance their vendor payment processes within Microsoft Dynamics GP. Our comprehensive software solution empowers users to work more efficiently, reduce repetitive manual efforts, and maintain transparency and security in their operations. A key feature of our offerings is the Mekorma Payment Hub, a powerful platform designed to manage the entire payment lifecycle. At the heart of the Payment Hub is the Action Board, which unifies all essential steps of the payment process—such as creating payment batches, approving transactions, printing checks, posting records, and generating bank files—into one convenient interface. This streamlined access to all GP companies and checkbooks eliminates the inconvenience of switching between different accounts. Additionally, Mekorma’s flexible workflow is seamlessly integrated to require approval from designated personnel before any payments are processed. This not only boosts efficiency but also greatly mitigates the potential for errors, ensuring a higher level of accuracy throughout the payment cycle. With Mekorma, organizations can achieve a more organized and secure payment system that supports their operational excellence.

Media

Media

Integrations Supported

Integrations Supported

Binary Stream Multi-Entity Management
Microsoft Dynamics 365 Business Central
Microsoft Dynamics GP

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

$125
Choose the tier that fits your AP needs: Starter ($125/month) for payment essentials, Core ($250/month) for payment automation and vendor validation, or Shared Services ($375/month) for multi-company AP management, with Remote Payment Services available as an add-on at every tier.
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

PayiQ

Company Location

United States

Company Website

pay-iq.com

Company Facts

Organization Name

Mekorma

Date Founded

1990

Company Location

United States

Company Website

www.mekorma.com

Categories and Features

Payment Processing

Not specified

Categories and Features

Payment Processing

ACH Check Transactions
Mobile Payments
Online Payments
Recurring Billing
Signature Capture

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