Reduce costs, improve control and gain efficiencies
Paymode-X facilitates the online exchange of financial information between payers and vendors. It carries out the settlement, and provides critical information related to those transactions all in a user friendly and intuitive format. Paymode-X also provides comprehensive services to reduce manual intervention and support straight-through processing (STP). As a result, members are able to reduce and even eliminate resource intensive activities, which contribute to cost reduction and processing consistency.