PAYPORT - Payment Processing and Management
Available from Broadridge Financial Solutions, Inc.
PAYPORT™ is a comprehensive receivable solution designed specifically for the asset management industry that increases visibility and control and reduces cycle time and costs. PAYPORT™ improves your bottom line by automating paper intensive manual processes. Bonaire’s PAYPORT™ increases financial health by reducing the month-end close process and enhances customer satisfaction by providing accurate and timely receivables. PAYPORT™ delivers significant cost savings and return on investment to 13 of the top 20 asset managers.
-Significantly lower acquisition cost than other large vendor products
-Increases automation and reduces operational costs
-Improves cash application and cash receipt projections
-Minimize "debtor days" through timely reconsiliation of cash and open items
-Automatic generation of FX gains/ losses
-Rules-based payment matching
-Easy to view payment and invoice history
-Proven and in use by some of the world's top asset managemers