Here’s how Orum orchestrates and optimizes money movement for billing, accounts payable and accounts receivable businesses

In the billing, accounts payable, and accounts receivable space being able to orchestrate – specifically speed up or slow down money movement – and optimize payment operations and cost are critical. Orum’s unified APIs and custom-built portal and ledger are being leveraged by many businesses across this industry, for a variety of use cases, because the modern solution is easy to set up and provides unparalleled smart routing and real-time tracking.

Tranch, an invoice-to-payments company that simplifies accounts receivable, and Loop, a logistics payments platform that helps manage transportation costs, rely on Orum to transform their payment technology. Orum’s Deliver API gives Tranch and Loop the ability to set different payment speeds for specific customers or even legs of a transfer.

Tranch and Loop also leverage Orum’s modern portal and custom-built ledger to get a real-time look at their transfers and account verifications, reconcile balances, troubleshoot customer issues, export reports, cancel payments, search and filter, set user management permissions, and more.

Plus Loop and Tranch receive bank-rate pricing and access to expanded processing windows because Orum teamed up with the Federal Reserve to build an extraordinary direct connection to The Fed – allowing us to bring customers both speed and pricing advantages. Orum’s solution delivers access to FedNow, RTP, Same Day ACH, ACH, and Wires — all through one simple integration.

Would your billing business benefit from similar solutions? 

 

Billing
The Solution

We transform payments and account verification so you can grow revenue increase conversion improve profitability

Lighnting bolt

Deliver payments 24/7 with our unique ‘Direct to Fed’ solution

The simplest API for fast, reliable payments gives you access to bank-rate pricing, expanded processing windows, and all major rails, including FedNow, RTP, Same Day ACH, ACH, and Wires.  Our Deliver API is built on a direct connection to The Federal Reserve’s payment rails as a service provider.

Verify checkmark

Verify bank accounts instantly with our innovative technology

Our first-of-its-kind technology instantly verifies account status covering 100% of U.S. bank accounts, ensures the end user has control of the bank account being verified, and validates account ownership via name match. Patent pending.

Money Moves icon

Orchestrate and optimize payment operations with our custom-built portal and ledger

Our technology orchestrates payments for speed and cost while tracking money movement and verifications in real-time. We make it easy to reconcile balances, troubleshoot customer issues, export reports, cancel payments, search and filter, set user management permissions, and more.