Settlement

Getting claims paid quickly and accurately, deductions cleared immediately, and rebates paid precisely is one of the most important concerns your customers have; so it must be of equal importance to you. Your finance department wants to ensure that payments are made from the right funds, that everything is recorded properly, and that the resulting payment registers and reports are correct.

TradeOne built its systems putting accounting integrity first. Whether your customers are paid by EFT, wire transfer, check, credit memo, or deduction TradeOne is set up to record the transaction properly and maintain records with clear audit trails. The settlement process at TradeOne includes numerous internal system and human checks to prevent duplicate payments, overpays, payments to unauthorized third parties, or other potential errors.

Compliance and financial audit controls are more advanced and comprehensive at TradeOne than any other outsource provider and virtually all enterprise software vendors. Time tested, continually audited, and highly secure the TradeOne settlement technology delivers precision and trust.

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