Payables Discounting
Payments
Industrial Strength Straight-Thru-Processing

 

tapX™ provides an easy, clear and simple solution for
your Suppliers to get early payments thru your Bank
and for you, the Corporate, to capture more cash discounts

1) Supplier views the Buyer's payment schedule

2) Bank offers discount to Supplier

3) Supplier accepts offer and views on-line confirmation

(Click view sample screens)

 

tapX™ solves the big disconnects in
e-payments, by automating:

Payment execution
Remittance advice delivery
Supplier query handling

Bank reconciliation

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The tapX™ platform is a hosted service,
using battle-tested products to ensure
secure, resilient, 24/7/365 processing
capability.

As a hosted service, tapX™ is easy to
implement, involving simple integration
with minimal disruption to your on-going
IT initiatives.

The tapX™ core processing engine,
CASHFAC Virtual Bank Technology®,
is already used by Major Banks to
provide in-house banking capability to
Stockbrokers, Pension and Trust Fund
Administrators and Professional
Services Firms.

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