Rely on our secure supplier portal to share sensitive payment information and associated data when paying suppliers through your commercial payments platform.
AR-Exchange is an innovative remittance delivery channel that streamlines how suppliers receive payment information in one secure, easy-to-use application. And with AR-Exchange’s Quick View functionality, suppliers can view and download transaction and remittance information for all payments made.
AR-Exchange can seamlessly integrate with the EnCompass® commercial payments platform by 3DSI’s companion company, AOC Solutions®, or with your existing platform.
And there’s no required registration; suppliers simply access AR-Exchange’s Quick View through a link in the remittance.
Benefits and Suppliers
- Secure access to payment information (credit card account numbers, check info, etc.).
- More efficient back-end reconciliation, with ability to download both invoice only and full remittance data (Excel and CSV options).
- Instructions that help suppliers understand what to do about a payment.
- Real-time updates to payment status.
- Reduced exposure to check fraud (with acceptance of electronic payments).
How it works:
- Buying organization creates payment log via its AP platform, integrated with AR-Exchange.
- AP platform adds payment by submitting buyer ID and payment and remit information to AR-Exchange; AR-Exchange returns Quick View URL to AP platform.
- AP platform emails supplier the Quick View URL.
- Supplier follows link to view and download payment and remittance details through AR-Exchange’s Quick View.