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Payments

 

MessageXchange seamlessly processes billions of dollars in orders, invoices and payments in a secure, hosted, reliable and transparent manner. Our payments customers leverage the sophisticated and highly refined technology development that has gone into MessageXchange for over a decade.

MessageXchange's automatic payments processing uses a combination of validated messaging, business process and web forms functionality.

In an end-to-end payment process electronic invoices are passed from an organisation's finance system and delivered electronically to a customer. This information is mapped and stored in a business process and remains active until a payment confirmation or bank statement is received. Any discrepancies between the invoiced and paid amounts are automatically escalated using a range of error management notifications, customised to your company's business rules. Detailed online business intelligence reports allow you to track each stage of the process, or simply manage by error or exception.