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PaymentHub


Helping companies pay thousands of non-employees.

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PaymentHub


Helping companies pay thousands of non-employees.

Software as a Service platform for Complex Payments
 

Exactuals helps big companies pay thousands of non-employees through our flagship product, PaymentHub. PaymentHub manages many forms of complex payments (residuals, royalties, marketplaces, etc.), all of which have the same essential requirements for success: Security, Accuracy, Transparency, and Speed.

Our SaaS platform securely registers your payees’ sensitive data, calculates payments based on your rules, aggregates payment data, and distributes direct deposit or paper check payments through trusted industry bank, City National Bank. Once the payment is made, all parties have access to fully transparent reporting using PaymentHub.

 

There are MANY reasons to use PaymentHub

REGISTRATION
Secure Payee Registration means that all Personally Identifiable Information (PII) data is protected by Exactuals and never made available to your company, which alleviates compliance requirements on your business.

 

CALCULATION
Exactuals automates the calculation process of complex payments with its proprietary rules engine. Rules registration is part of the on-boarding process. Once a rule is registered with Exactuals, it can be applied easily in high volume use cases.

PAYMENTS
100% of banking functions are served by Exactuals. We pay through Direct Deposit, Paper Check, PayPal, or Wire transfer. Payees are in charge of their payment method, while Payers decide when payments are executed.

REPORTING
Transparency is of the utmost importance when lowering the costs of payment processing. PaymentHub provides unique portals for payers, payees, and delegates (managers and accountants). The result is a shared set of real-time data that helps to answer most questions before they are asked.

Payer Portal

PaymentHub Payer Portal is the management interface for payers. This single location runs the entire platform for Exactuals' customers. 
 

Payer Portal Features + Functionality
 

Identity Vault

No PII data is shared with the payer. Registration, security, and updates of sensitive payment data are handled entirely by Exactuals. This data is encrypted and stored in servers that are not accessible from the internet. The servers are leveraged by Exactuals during payment execution, but are never exposed to the web.

 

 

Automated Workflow

Data workflow with XML templates. No need for paper or manual processes. Exactuals can handle real time payments, or batch payments, which are more common in complex payment industries.  

Batches can be formatted and securely uploaded directly from Payer Portal to Exactuals for payment execution.

Aggregated Payments

Exactuals can aggregate payments for individual payees. For instance, an actor may receive fifty or more residuals payments in a single month. Historically, that meant issuing, printing, mailing and supporting fifty unique checks. With Exactuals, one aggregate check can be issued and a wealth of data about each residual is made available online.

 

Real time transparency

Real time payment status & advanced search with unlimited custom fields are available in PaymentHub Payer Portal. The platform provides real time tracking of both batch processing status, and payment deposit status.

The instantly available information helps customer service inquiries to be resolved on the first call.

 

Payee Portal

With PaymentHub, payees are granted access to a unique portal for controlling their payment profile and accessing their comprehensive payment history. The goal of the PaymentHub Payee Portal is to empower the payee to answer their own questions immediately, without involving the payer. 

Payee Portal Features + Functionality
 

Centralized Identity Management

One payee profile for an entire industry (secure account registration). In industries such as the music space, one payee may be paid by a dozen or more companies. Historically, changing your payment profile meant contacting a dozen or more payroll departments across the country.

With Exactuals, one change in one secure location is all it takes to update your data for the industry.

Direct Deposit

Direct Deposit is faster and more secure than being paid by paper checks. While Exactuals offers both options, we strongly encourage all payees to choose the best option, and handle the on-boarding process entirely on behalf of the payers.

Aggregated Payments

Payers often select to issue payments on a regular interval such as monthly or weekly. With this payment rhythm in place, Exactuals can aggregate all of the payments for a given pay period.

Real time payment information

Payee Portal allows payees real time access to a full history of their payment data, complete with payer statements, when issued.

Tax Center

All tax docs in one location for a given industry. Tax time is a nightmare for payees and payers alike in complex payment industries. While the IRS requires payers to send a paper tax document to each payee each year, online access to a centralized tax data eliminates the need to resend the docs again and again due to lack of receipt, change of address, or change in management.

 

Benefits

  1. Speed
  2. security
  3. savings
  4. transparency

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