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DATAMATX Announces Prelude Software as New Solutions Partner

Atlanta, GA —DATAMATX, a leader in the distribution of critical business communications and payment services, today announced that Prelude Software (Prelude), a leading provider of payment management technology, has joined DATAMATX as a solutions partner. With Prelude’s Pay Pilot® disbursement hub solution accelerator, insurers can automatically upload payment request and check information via Pay Pilot to DATAMATX for print and distribution. Additionally, Prelude’s Pay Pilot disbursement hub solution accelerator has been integrated into DATAMATX’s automated Micro output solution system for the print and distribution of MICR check processing on behalf of their insurance industry clients.

“DATAMATX is pleased to welcome Prelude as a solutions partner and has long admired its dedication to providing an industry leading outbound payments solution. Together we provide the insurance industry the flexibility to quickly react to the market’s demands for alternative payment methods,” said Scott Stephens, COO for DATAMATX.

The Pay Pilot disbursement hub solution enables insurers to better manage all aspects of their enterprise-wide disbursement processes, providing real-time lifecycle management of all outbound payments. The accelerator helps to rapidly deploy the Pay Pilot disbursement hub solution to:

• Improve processing efficiencies related to outbound payments

• Support all types of payments, including claims and vendor disbursements

• Quickly and easily incorporate multiple payment methods, including MICR check processing ACH processing for electronic payments, checks for electronic check delivery, cards and virtual cards

• Provide a robust suite of related payment-processing functionality, such as reconciliation, positive pay, OFAC scanning and escheatment.

Prelude Software is a leading provider of enterprise-wide disbursement solutions for insurance companies. Its industry renowned Pay Pilot® solution extends the life and capabilities of clients’ existing infrastructure by interfacing with their siloed source systems. Pay Pilot enables the workflows of claims, policy and finance to centralize, streamline and increase the security and control of the payment process.

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