In a significant move to revolutionize AP automation, Mekorma has unveiled impressive updates to its Remote Payment Services (RPS) under the Payment Hub solution. Announced on December 2, 2024, these updates are designed to offer secure, cost-effective, and highly adaptable payment solutions to their extensive client base of over 5,000 customers. The introduction of pay-per-transaction pricing with free virtual credit card payments is a standout feature. This shift not only promises increased financial flexibility but also removes the constraints of traditional pricing models. Moreover, the enhanced control over Automated Clearing House (ACH) processes reflects Mekorma’s commitment to providing businesses with better management tools and enhanced security for their payment workflows.
Partnering with Priority Payments, Mekorma underscores its dedication to creating bespoke and efficient payment solutions. The lack of minimum usage requirements makes their offering particularly attractive to businesses of all sizes, ensuring that even smaller companies can benefit from high-level AP automation without committing to extensive monthly fees. Additionally, the reduced one-time activation fee of $2,500—potentially waived for contracts signed by year-end—demonstrates their focus on affordability and customer satisfaction. Ora Goldman, CEO of Mekorma, emphasized the company’s mission to achieve “AP wellness” by delivering customizable solutions tailored to diverse business needs, making AP processes seamless and secure.
This series of updates from Mekorma reflects a broader trend in the industry toward enhancing the flexibility and security of AP workflows. By addressing the differing necessities of businesses, Mekorma not only reinforces its status as a leader in AP automation but also aligns itself with the evolving demands of the digital payment landscape. These strategic enhancements are poised to simplify payment processes, reduce manual tasks, and ensure secure AP workflows. Mekorma remains steadfast in its long-term goal to boost client satisfaction through sophisticated, user-friendly payment solutions. This initiative marks a crucial step towards achieving top-tier AP automation standards, paving the way for future advancements and setting a new benchmark for the industry.