Payology Lite for Salesforce allows merchants to transmit check payment data and check images from Salesforce to their financial institution for deposit. Payology Lite receives check return data with its bi-directional connection, matching it to the original payment, and synchronizing it to Salesforce.
Although Payology Lite is a standalone and lightweight app, it is widely used within the Salesforce ecosystem by Payology Check Scanning and Mobile Check Capture clients for the collection of check payments.
Unlike competitive solutions, payment funds are solely exchanged between the client and their financial institution. This ensures that the gross amount of check deposits will appear within the client's bank statement allowing for one-to-one account reconciliation. Further easing the payment reconciliation process, payment fees are invoiced at the beginning of the month.