Philadelphia, PA (PRWEB) August 4, 2009
Batchex.com, Inc, is a new web-based system that reduces time and costs incurred by business associated with making high-volume, homogenous payments on a one-time, or recurring basis. The online service can be found at https://www.batchex.com.
Traditionally, companies have had a variety of alternatives when looking for mechanisms in which to accept incoming payments online. Unfortunately, the same number of viable alternatives has not been available to them when it comes to making outgoing disbursement. In most cases, the companies have been forced to develop complex and costly in-house solutions to handle the payment distribution which is not in alignment with their business' core competencies. Outsourcing these activities is the ideal solution.
The Batchex.com process allows companies to integrate using a variety of mechanisms including batch file upload in the form of spreadsheet or flat file as well as a complete API back-end integrated solution allowing for completely automated functioning. Users of the system can opt for numerous levels of payment delivery functionality including both electronic and physical checks as well as a complete suite of reporting tools for tracking delivery and payment completion.
Using the latest printer and secure check stock technology, physical checks are printed and distributed to recipients as indicated in the customer supplied data. We use address verification systems to ensure proper delivery. The modular nature of the Batchex.com facilities allow for variable volumes of batch check printing from one hundred to over one million checks in a single distribution.
The electronic distribution system provides business an even better cost saving solution by handling payout distribution in the format of electronic check or PayPal transfers. The cost savings and lack of mailing issues means an extremely high reliability rate and low risk for fraud.
Cost savings incurred by outsourcing payment distribution to a specialized provider are significant over attempting to provide these types of services in an internal environment. In most cases, Batchex.com will provide the business with free, end-to-end integration as part of their commitment to the customer.
About Batchex.com, Inc:
Batchex.com, Inc is a technologically oriented company whose purpose is to provide operating efficiencies in handling outgoing payment processes.
Shannon Sofield, Client Services
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