Mekorma Payment Hub

Mekorma Payment Hub is a platform designed to manage the accounts payable (AP) process within Microsoft Dynamics GP. This solution caters to companies of various sizes. According to the vendor, finance and accounting professionals, accounts payable teams, controllers, CFOs, and financial services organizations can benefit from the automation, secure approval workflows, efficient check printing, and auditing capabilities offered by Mekorma Payment Hub.

Key Features

AP Payment Automation: According to the vendor, Mekorma Payment Hub enables the automatic creation of payment batches based on predefined rules across all companies and checkbooks from a centralized window within Microsoft Dynamics GP.

Secure Approval Workflow: The vendor claims that Mekorma Payment Hub provides a secure approval workflow, allowing designated users to review, reject, or approve payment transactions within Dynamics GP or on a mobile device, ensuring accuracy and accountability in the payment approval process.

Efficient Check Printing: According to the vendor, Mekorma Payment Hub offers efficient check printing capabilities, enabling users to easily print checks in the desired format, including MICR encoding, on blank check stock. This feature eliminates the need for pre-printed check forms and improves the efficiency of the check printing process.

Auditing: Mekorma Payment Hub includes auditing capabilities to track all posted payments, providing visibility and facilitating auditing. According to the vendor, this feature helps maintain compliance and enables easy tracking of payment history.

Make cross-company payments with the Action Board: Mekorma Payment Hub's central feature, the Action Board, allows for the efficient management of cross-company payments. According to the vendor, users can automatically build payment batches across all companies and checkbooks from a single window, following predefined payment rules. This simplifies the payment process and ensures consistency across multiple company databases.

Automate Repetitive Tasks: The vendor claims that Mekorma Payment Hub enables the automation of repetitive tasks involved in the AP process. Users can define payment rules and let the system automatically create payment batches based on those rules, reducing manual effort and improving efficiency.

Ensure Accuracy: According to the vendor, Mekorma Payment Hub helps ensure accuracy in the payment process. The system provides a secure approval workflow where designated users can review and approve payment transactions, reducing the risk of errors. Accurate payment batches can be generated with the desired payment format.

Manage Multiple Company Databases with Ease: Mekorma Payment Hub allows for the easy management of multiple company databases within Microsoft Dynamics GP. Users can build payment batches across all companies and checkbooks from a centralized window, simplifying the payment process for organizations with multiple entities. According to the vendor, this feature improves efficiency and consistency in managing payments across different company databases.