Informa Remittance Processing Description
Every week, businesses receive millions of envelopes containing checks and payment coupons. All of these must be processed quickly. Processing large amounts of payments has required many bureaucratic decisions to review each payment and process it. This labor-intensive task can take a lot of time and may require temporary workers to complete the job. Imagine if you could speed up your remittance processing by reducing human interactions. The Informa Remittance Processing solution can help you achieve true efficiency. We have seen some of our clients achieve straight-through-processing (touchless) rates as high as 80 to 90%. This all leads to fewer errors and faster payments.
Informa Remittance Processing Alternatives
FreshBooks
FreshBooks makes billing and invoicing for small businesses easy. FreshBooks is a top-rated accounting and invoice software for self-employed professionals as well as small businesses. It makes it easy to invoicing and billing so that companies can concentrate on the work they love. It has a wide range of powerful features, including expense tracking, time tracking and payment processing. The Freshworks mobile app allows users to work from anywhere using FreshBooks.
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Service Center
Service Center by Office Ally is trusted by more than 80,000 healthcare providers and health services organizations to help them take complete control of their revenue cycle. Service Center can verify patient eligibility and benefits, submit, correct, and check claims status online, and receive remittance advice. Accepting standard ANSI formats, data entry, and pipe-delimited formats, Service Center helps streamline administrative tasks and create more efficient workflows for providers.
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Tungsten MarkView
Tungsten MarkView combines document intelligence with strong workflow functionalities and seamless ERP integration to revolutionize the accounts payable procedures within Oracle E-Business Suite. This solution enhances responsiveness, boosts processing speeds, and enables AP management from virtually any location. With the integration of Tungsten Mobile Capture®, users can securely access essential information for capturing and processing invoices, receipts, and related documents. The mobile functionality facilitates invoice review, discrepancy resolution, and approval processes effortlessly. Additionally, incorporating Tungsten Analytics for MarkView® allows for the quick identification and resolution of issues and process delays. Users can ensure continuous improvements by leveraging real-time data and monitoring key performance indicators. The robust data validation features guarantee that the extracted information is accurate prior to its approval cycle, leading to a reduction in processing discrepancies and payment disputes. Overall, this comprehensive approach not only streamlines operations but also enhances overall financial accuracy and efficiency.
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Shoeboxed
Transform your paper receipts into digital data and eliminate clutter from your workspace. Declutter your desks and drawers by sending your receipts directly to our processing center at no cost using our prepaid Magic Envelope™! You can also scan any remaining receipts using our mobile application, available on both Apple App Store and Google Play Store. All your crucial receipt information will be compiled in a single organized location, making expense tracking straightforward and efficient. By clicking on an expense, you can view a complete scanned image of the corresponding receipt. You have the option to use our standard categories or customize your own to suit your preferences. At any moment, you can export all your data, including the scanned receipts. Say goodbye to the chaos of paper receipts by mailing them directly to our processing facility with our convenient postage-paid Magic Envelope™. We'll handle the scanning process and convert your receipts into well-organized and actionable digital data, allowing you to focus on what truly matters. With this service, managing your finances becomes simpler and more efficient than ever before.
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Company Details
Company:
Informa Software
Year Founded:
2001
Headquarters:
United States
Website:
www.informasoftware.com/remittance-processing/
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Product Details
Platforms
Web-Based
Windows
Types of Training
Training Docs
Customer Support
Business Hours
Online Support
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