CommPayOnyx CenterSource
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Related Products
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About
Commissions Processing by Onyx CenterSource is a comprehensive system designed to streamline and automate hotel-and-travel-agent commission payments globally. It begins when the hotel supplies booking data in its chosen file format and schedule, optionally using Onyx’s ValidStay tool for validation. A pro-forma or remittance notice is then issued in the currency of choice, listing the total amount payable to agencies and Onyx’s fee. After the hotel remits funds into the Onyx account, Onyx disburses payments to all participating agencies, usually within a week, and provides detailed confirmation reports. Hotels and agencies gain 24/7 access via the online portal to reconcile payments, validate transactions, and monitor outstanding claims. The process includes research and support services to track inquiries, disputes, or missing payments, and all activity is logged and accessible via customer-service channels.
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About
Functional Finance is the insurance billing and payments engine that governs how money actually moves once a policy decision is made. Sitting between the policy system and the general ledger, FF takes policy events—binds, endorsements, cancellations, reinstatements—and deterministically executes the resulting financial obligations. It handles billing and invoicing, payment collection, cash application, treasury routing, and distribution partner payables across agency bill, direct bill, installments, and premium finance models. Payments are automatically applied at the policy and line-item level, commissions and remittances stay in sync, and every transaction remains auditable over time. The result is a policy-aware flow-of-funds system that replaces manual reconciliation with predictable, scalable financial operations.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Hotels, resorts and hospitality groups requiring a solution to manage, automate and reconcile travel-agent commission payments
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Audience
Managing General Agents (MGAs), Insurance Carriers, Risk exchanges and MGA platforms, Finance, operations, and billing teams
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
Screenshots and VideosNo images available
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Pricing
No information available.
Free Version
Free Trial
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Pricing
No information available.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationOnyx CenterSource
Founded: 1992
United States
www.onyxcentersource.com/hotels/commissions-processing/
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Company InformationFunctional Finance
United States
functionalfi.com
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Categories |
Categories |
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Integrations
No info available.
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Integrations
No info available.
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