Bank of America Corporation

Orlando O Atienza

Robert B Walker

Elizabeth Votaw

Clement Mazgelis

Coty Tyler Cherrix

Kristan C Densmore

Jim L Jenkins

In some embodiments, a method for processing a payment transaction comprises receiving, by a payor an invoice generated from a first enterprise resource planning (ERP) system operated by a payee. The first ERP system formatted the invoice in a first format. The invoice is stored in a second format compatible with a second ERP system. The invoice has been converted from the first format to the second format, which is different from the first format. Approval of the invoice is received through the second ERP system. Authorization instructing a financial institution to transmit a payment to the payee is generated and transmitted to the financial institution. Confirmation of the payment to the payee is generated and transmitted to the payee.

Processing payment transactions between enterprise resource planning systems

Apparatus and methods for providing electronic reassociation of data transmissions of checks and backup information. A method according to the invention may include scanning each check received by a lockbox service and scanning backup information related to correspondence included with each check. Thereafter, the method may include electronically associating each check with the backup information. The method may include generating a data transmission for each check and the associated backup information. Finally, the method may include storing the data transmission for each check and the associated backup information at a periodic interval. Such an interval may be determined, at least in part, by the deposit cut-off time of a financial institution.

Electronic reassociation

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Charlotte, NC, United States of America

Orlando O Atienza