Disbursement Consolidation

One system, many benefits

We often encounter companies, both big and small, that issue payments from multiple systems. In every case, we’ve found that their use of disparate, unrelated, and unconnected systems results in unnecessary costs and extra effort.

The Benefits of Centralization

Integrating all your disbursement systems into a centralized PayPilot solution streamlines and simplifies your payment administration.

Worried that some of your systems are too old or use the wrong technology to connect to PayPilot? Don’t be. Our software can be configured to easily transfer data to and from any system, whether brand new or legacy.

View the Disbursement Consolidation diagram below by clicking and holding your mouse on the orange slider at the bottom, and then moving it to the right. To view the diagram in a full-size, printable window, click here.

(view larger printable version)

Consolidating your payments into one system, PayPilot, can deliver substantial benefits:

  • Reduced Costs – Automating payment processing via one robust system reduces time, materials, labor, and equipment costs.
  • Enhanced Functionality – Add bank reconciliation, positive pay, escheat processing, OFAC compliance and many more features to one system or all of them.
  • No Translation Necessary – During installation, PayPilot learns to speak your language. All of your internal terminology and workflows are built right into the software’s interface.
  • Better Visibility – PayPilot’s standard and custom reports give management a view into the operation they’ve never had before.
  • Fewer Payments, Happier Vendors – Multiple payments to the same vendor, even if those payments originate from different systems, can be bundled into one check or EFT (with detailed remittance). This will reduce your vendors’ overhead and may provide leverage for discounts.

Whether you’re connecting one or more of your existing systems, or just trying to add functionality to what you already have, Prelude’s disbursement consolidation solution adapts to fit your requirements. And the flexibility of our technology allows you to expand or add on to your system at any time.