Electronic payments, or e-payments, are simply a way for businesses (and individuals) to pay bills online, eliminating the need for physical checks or cash. Lower processing costs, greater visibility, and reduction in errors inherent in paper-based manual processes make e-payment systems a preferred method of payment for many businesses.
Corcentric Payments goes further with a specialized focus on payment optimization through people, process, and platform innovation. Corcentric Payments delivers payment and remittance information to all suppliers on a safe, secure, bank-agnostic platform and supports all payment types with a balanced approach to supplier management.