The Kendra Payment Exchange (KPx)
is a software solution to specific business problems. It is software package containing modules to help a user corporation to:
- Speed up recognition and posting of payments by customers;
- Monitor and reconcile collection amounts with the payments, making the necessary reversals and corrections;
- Speed up approvals and activations of merchant requests, using a single wallet for each merchant to enable all transactions with that merchant;
- Easily add new dealers into the distribution network, and enable simple working processes for the dealers;
- Mine transactional data for information as input into decision processes.
A company using KPx will provide better customer experiences with timely reminders on payments, real-time recognition of payments and prompt acknowledgement of receipt of payments. The automated tracking and reconciliation offers savings in time and errors. Speedier business processes for dealings with its distribution network members will build loyal and productive business partners.