Name: Mekorma Payment Hub
Price: 2750 USD
Author: Mekorma

Help Desk

Web and Video Conferencing

Customer Support

AI Code Generation

Development

Business Intelligence (BI)

Collaboration

Contract Analysis

Enterprise Content Management

Payment Facilitation

Visitor Management

Enterprise

Accounting

CTRM

Travel Management

Finance and Accounting

Applicant Tracking

Compensation Management

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Access Gateways

Application Server

Cloud Storage

Container Security

Data Center Backup

Data Preparation

Embedded Database

Enterprise Service Bus

Fraud Detection

Infrastructure-as-a-Service

Integration Platform as a Service (iPaaS)

LAN Switches

Message Oriented Middleware

Mobile Data Security

Mobile Identity

Monolithic Frame-based Disk Arrays

Network Performance Monitoring

Storage as a Service (STaaS)

Value-Added Resellers (VARs)

Virtualization Management

Website Hosting

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Customer Advocacy

Ecommerce Personalization

Email Marketing

Marketing Attribution

Marketing Automation

Mobile Advertising

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Project Management

Task Management

Professional Services

Customer Onboarding

Customer Relationship Management (CRM)

Sales Content Management

Sales Performance Management

Sales Training

Sales

Cloud Infrastructure Entitlement Management

Intrusion Detection

Virtualization Security

Security

Aviation

Fleet Management

Hospital Management

Intelligent Document Processing

Online Ordering

Online Voting

Practice Management

Veterinary

eDiscovery

Vertical-Specific

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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.

Basic

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Standard

Custom

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Mekorma Payment Hub

Accounts Payable

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Features found in accounts payable software products

Automated Accounts Payable Processes

Accounts payable processes are automated based on pre-determined workflows.

Vendor Management

Holds information related to vendor terms and contracts.

Tax Form Preparation

Allows users to create and share tax forms within the platform.

Payment Management

Features that allow for the management of payments across various forms of finance/accounting software.

Customizable Approval Policies

Policies for different types of approvals can be customized, sent to multiple approvers, automatically approved, etc.

Financial Document Management

Invoices, expense reports, and associated documents are stored within the platform for any future needs.

Payment Status Tracking

Tracks what stage payments are at in the process, from approval to receipt.

Payment Audit Trail

Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.

Duplicate Bill Detection

Detects duplicate invoices or expense reports to prevent double payments.

Advanced OCR

Automatically imports information from invoices, receipts, expense reports, and other 
scanned documents into the platform.

Electronic Funds Transfer

Funds can be transferred via EFT as opposed to paper checks.

PCI Compliant Security Measures

Banking and finance information is protected according to Privacy Shield and GDPR standards.

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Mekorma Payment Hub

Overview

What is Mekorma Payment Hub?