Payments Navigator
Software Earnings developed Payments Navigator as a replacement for traditional legacy check processing systems. The core logic of traditional mainframe check processing systems was based on the physical logistics required to process and transport paper items from end to end in the clearing cycle.
In 2004, the Check 21 Act enabled the truncation of most paper checks, legally permitting their replacement with virtual electronic images. Software Earnings, already a leader in image-based item processing, immediately began refining their server-based platforms to produce a complete, end-to-end payments processing solution.
Payments Navigator includes three modular components: Payments Processing Manager (PPM), Payments Distribution Manager (PDM), and OnTrac.
Payments Processing Manager (PPM) is designed as the ingestion and capture point for payment transactions.
Payments Distribution Manager (PDM) is engineered for improving processes while saving expenses. A flexible yet robust image exchange system, PDM includes payments consolidation, cash letter, settlement, and distribution systems.
OnTrac monitors and tracks the progress of each file and/or unit of work processed through Payments Navigator or your legacy system.