Global PayEX

Global PayEX AR/AP automation lets customers connect to J.P. Morgan for invoice presentment and payments, ML-based ledger reconciliation, and unified outputs for receipts from various banks.

Partner product overview

Global PayEX offers J.P. Morgan Clients the AR platform to support them via the following products:

  • Electronic Invoice Presentment and Payments - This offers a buyer portal & a native mobile app for the bank's client to present their invoices to their buyer community and to collect payments seamlessly.
  • Cash Application - This is an ML based application with capability to receive, interpret and reconcile the customer ledger, the bank credit information and the remittance advice in any format. It further reconciles and provides output in the client's desired format to enable a seamless update to their ERP systems.
  • Multibank - This offering enables J.P. Morgan clients to receive a single output of their payments received in different banks. The application reads different bank statements whether standard like MT940/942, BAI2, CAMT 53/54 or proprietary formats and provides a single output for the client to manage their bank and payment reconciliation.

Benefits with J.P. Morgan

Allows clients to experience:

  • Integration & Connectivity with J.P. Morgan for information sharing and file exchange.
  • Reduction in Days Sales Outstanding (DSOs).
  • Reduction in write-offs.
  • Automated Straight Through Reconciliation.
  • Decrease in invoice processing cost.
  • Faster invoicing processing with decrease in invoicing errors.

Solution availability

  • APAC *India, HK only

Global PayEX is a B2B fintech SaaS company that offers AI-powered solutions for optimizing working capital. Our cloud-based software automates Accounts Receivable and Payable workflows, enhancing the efficiency and accuracy of the B2B finance processes.