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Automatic remittance delivery system
| Details |
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Inventors: McGurl, Daniel M.; O'Toole, Margaret; Herman, Helmar;
Assignee: Bottomline Technologies, Inc. (Portsmouth, NH)
Primary Examiner: Cosimano; Edward R.
Assistant Examiner:
Attorney, Agent or Firm: Hayes, Soloway, Hennessey, Grossman & Hage, P.C.
A remittance delivery system is provided that that accepts payment information from a variety of applications (e.g. vendor payments, taxes, claims, payroll, T&E, commissions, trust, etc.), translates the data into a single, unified data file structure, and forwards the remittance data via a user-defined path, for example, email, fax, print, internet, etc. Accordingly, the preferred embodiment of the present invention provides a remittance delivery system comprising a file integration engine is provided for receiving payment data including remittance data in a one of a plurality of data formats and translating and formatting the payment data into a single, pre-defined data format. In addition, a remittance generating engine is provided for receiving the pre-defined data and for forwarding remittance data to at least one remittance recipient. |
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DETAILED DESCRIPTION Accordingly, the present invention to overcome these drawbacks of prior art remittance advice delivery by automatically coupling the payment data portion of payment information (from a payor to a vendor) with the remittance statement data that is associated with the payment data to facilitate seamless reconciliation of accounts receivable.
In addition, the present inventions solves integration shortcomings of the prior art by providing a system that accepts payment information from a variety of applications (e.
g.
vendor payments, taxes, claims, payroll, T&E, commissions, trust, etc.
), translates the data into a single, unified data file structure, and forwards the remittance data via a user-defined path, for example, email, fax, print, internet, etc.
Accordingly, the preferred embodiment of the present invention provides a remittance delivery system comprising a file integration engine for receiving payment data including remittance data in a one of a plurality of data formats and translating and formatting the payment data into a single, pre-defined data format.
In addition, a remittance generating engine is provided for receiving the pre-defined data and for forwarding remittance data to at least one remittance recipient.
These and other features and advantages of the present invention will become apparent as the following Detailed Description proceeds and upon reference to the Drawings wherein like numerals depict like parts, and in which:
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Finance 
