Payment Posting
π Website Page: View Payment Posting on xy.ai β
Overviewβ
The Payment Posting Agent automatically determines, executes, and tracks vendor payments across systemsβno manual configuration, full-workflow automation. It streamlines the payment posting process by identifying payments from various sources, matching them to the correct claims or invoices, and posting them accurately to your billing system.
Capabilitiesβ
- Automatic payment identification from EOBs, remittance advices, and payment files
- Intelligent payment matching to claims and invoices
- Cross-system payment posting to EHR, billing platforms, and accounting systems
- Payment reconciliation and exception handling
- Automated tracking and reporting of payment status
Key Benefitsβ
- Full Automation - No manual configuration required; the agent handles the entire payment posting workflow automatically.
- Multi-System Support - Works across different billing systems, EHRs, and accounting platforms.
- Accurate Matching - Uses AI to match payments to the correct claims, reducing errors and manual intervention.
- Real-Time Tracking - Provides up-to-date visibility into payment status across all systems.
- Exception Handling - Automatically flags discrepancies, partial payments, and unmatched items for review.
- Time Savings - Eliminates hours of manual data entry and reconciliation work.
Inputsβ
- EOBs and Remittance Advices - Electronic and paper-based explanation of benefits documents
- Payment Files - ACH files, check images, and other payment data formats
- System Credentials - Secure access to billing systems, EHRs, and accounting platforms
- Payment Rules - Business logic for matching and posting payments
Outputsβ
- Posted Payments - Accurately recorded payments in billing and accounting systems
- Reconciliation Reports - Summary of posted payments, exceptions, and unmatched items
- Exception Queues - Items requiring human review (partial payments, discrepancies, etc.)
- Payment Analytics - Insights into payment trends, processing times, and accuracy metrics