Mekorma

Overview

Mekorma is a United States-based company operating within the Business Services sector, specifically focusing on Accounts Payable (AP) management solutions. Founded in 1990, the company offers a product known as the Mekorma Payment Hub, which provides various subscription tiers tailored to meet the unique needs of organizations. The Payment Hub includes features such as Remote Payment Services, which facilitate cloud-based payment processing and aim to reduce fraud risk while streamlining payment operations. Additionally, Mekorma emphasizes the importance of Vendor Validation, a tool designed to help organizations verify vendor data, including Tax Identification Numbers and compliance with the Office of Foreign Assets Control (OFAC) Sanctions List. This validation process assists businesses in safeguarding their master data and ensuring compliance with regulatory requirements. The company's documentation provides practical guidance on selecting the appropriate subscription tier and implementing vendor validation, reflecting its commitment to enhancing AP management efficiency and accuracy.

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