Audience
Companies that need a remittance processing automation solution
About Informa Remittance Processing
Millions of envelopes that contain checks and payment coupons arrive to businesses every week, all of which need to be processed in a timely manner. Traditionally, processing large amounts of payments have required many bureaucratic decisions to review and process each payment. This labor-intensive task is extremely time-consuming and often requires the addition of temporary employees to complete the job. What if you could accelerate your remittance process by cutting down human interactions significantly? With the Informa Remittance Processing solution, you can realize true efficiency. We have seen some of our clients achieve straight-through-processing (touchless) rates as high as 80 to 90%. It all adds up to fewer errors, greater efficiency, lower costs, more information, and faster payments.
Other Popular Alternatives & Related Software
TELCOR RCM
Whether you are an independent reference lab, a pathology practice, an outreach lab or a public health lab, TELCOR RCM billing software provides the tools to overcome tough billing challenges and improve profitability. Perform claim submission, claim monitoring, remittance processes, AR management, client and patient billing, and much more for multiple NPIs all in a single revenue cycle management solution. Minimize billing staffing needs and maximize revenue cycle productivity by using the right tools to automate daily billing functions such as claims submission, collecting patient information, as well as generating revenue cycle management financial reports. Eliminate labor-intensive manual adjudication processes by processing electronic payments received from your payers via 835 ERAs or from your bank via lockbox payment files. Send quick and easy-to-understand billing communication to patients, simplify your patient billing process, and make it easier for patients to pay.
Learn more
Emburse Nexonia
Emburse brings together some of the world’s most powerful and trusted financial automation solutions. As part of our product portfolio, Emburse Nexonia carries a promise to humanize work while delivering expense, accounts payable, and time tracking solutions tailored for Intacct and NetSuite.
Customers choose Nexonia for:
- Tight integrations with ERP's and accounting systems
- Fast expense submissions with an easy to use mobile app
- Handles complex approval workflows
Nexonia's simple-to-use application is fully integrated with ERPs, credit cards, and other systems supporting a variety of businesses, and are designed to streamline the reporting and approval process, improve human resource management, and enhance operational efficiency. Nexonia is trusted by organizations including CrossFit, Hamamatsu Corporation, and Lufthansa System.
Learn more
Tungsten MarkView
Tungsten MarkView brings together document intelligence, robust workflow capabilities and ERP integration to transform accounts payable processes executed within Oracle E-Business Suite. Increase responsiveness, accelerate processing times and manage the AP process from anywhere. Integration with Tungsten Mobile Capture® enables secure access to information required for the capture and processing of invoices, receipts and related documents. Mobile access allows for invoice review, discrepancy resolution and approval. Integrate Tungsten Analytics for MarkView® to easily detect and resolve issues and process bottlenecks. Make continuous improvements with real-time data and tracking benchmarks. Powerful data validation capabilities ensure that extracted data is accurate before it's processed and sent through the approval cycle, resulting in fewer processing exceptions and payment disputes.
Learn more
EXACTO Invoice
Traditionally, Invoice processing has been among the most time-consuming and error-prone tasks in any organization. Every day, invoices worth billions are processed thereby making it cumbersome for the accounts payable department to verify, extract data manually, download and finally process data for payments. The advent of digital transformation has accelerated automation of this process thereby improving efficiency, effectiveness, reducing manual errors, and enabling enterprises to save cost. EXACTO™ Invoice is HCL’s patented Artificial intelligence, Deep learning & NLP-based document processing platform designed specifically for capturing data from invoices, receipts, and purchase orders. Integrating seamlessly with multiple sources, EXACTO™ Invoice can process documents in more than 13 languages and provides AI/ML-based document classification & Digitization capabilities.
Learn more
Integrations
No integrations listed.
Company Information
Informa Software
Founded: 2001
United States
www.informasoftware.com/remittance-processing/
Videos and Screen Captures
Other Useful Business Software
MongoDB Atlas runs apps anywhere
MongoDB Atlas gives you the freedom to build and run modern applications anywhere—across AWS, Azure, and Google Cloud. With global availability in over 115 regions, Atlas lets you deploy close to your users, meet compliance needs, and scale with confidence across any geography.
Product Details
Platforms Supported
Cloud
Windows
Training
Documentation
Support
Phone Support
Online
