PortalProdigy provides everything you need to accept online payments. It's flexible and easy to configure. Payment authorization and processing are fully integrated with PortalProdigy's Shopping Cart, Membership Registration, Event Registration and other transaction features. PortalProdigy also offers everything you need to extend credit terms, allowing clients to place their orders on account. Using Terms Management you define the payment terms you want to offer such as "Net 10", "Net 30", "2% 10 Net 30", etc. Credit terms can be individually assigned to customers or automatically assigned by either the credit application or membership approval processes. PortalProdigy includes a complete credit management system which provides the ability to accept and process credit applications online.
The credit approval process allows you to automatically assign terms upon credit application approval including setting a maximum credit amount for the customer. PortalProdigy's transaction system tracks each customer's outstanding balance and automatically determines available credit at time of order entry.
PortalProdigy also provides the back-office administrative tools to track and process payments including a payment entry process for processing payments offline. Payment entry allows you to apply a single payment to multiple transactions regardless of transaction type. You can use the time saver automated payment distribution or you may manually distribute payments. You can also print payment, collections, receivable, charge-back and other accounting reports.