Secure Payments. Smarter Operations. Better Decisions.

With secure setup and built-in approval flows, Panax lets you initiate payments with your connected banks, sync payment status to your ERP, and reconcile automatically - whether from a single, internal, or batch-payment file.

Every payment type,
one workflow

Process a batch of approved payments from your ERP, move cash between entities, or push a one-off transfer, and each one is executed through your connected banks and reconciled in the same trusted way. Panax handles the money movement, so what leaves the bank stays consistent with what your treasury, forecasting, and reconciliation modules show.

Governed by your policies, approved before money moves

Before any payment goes out, it runs through your defined policies, by amount, payment type and entity, each with the approvals it requires. Set the rules once and every payment moves within them, routed to the right approver automatically. Nothing clears until it passes your controls, and every completed payment traces back to your categorized, reconciled Panax data.

The reconciliation takes
‍care of itself

Panax handles the part of payments that usually costs your team hours: matching what you sent back to your records. The moment a payment clears, it is reconciled automatically and the status is written back to your ERP, whether you sent one payment or hundreds. Everything that goes out is accounted for, with no cleanup required.

How it works

Set your policies

Define amounts, payment types, and entities, and the approvals each one needs.

Initiate the payment

Process approved payment files from your ERP, or initiate single, intercompany, or bulk payments directly in Panax.

Approve release

Any payment that needs sign-off routes to the right approver, automatically.

Execute & Reconcile

Panax pays through your connected banks, reports each payment's status back to your ERP, and reconciles it against your records.

Instantly build every finance
workflow on your data.

Build the finance workflow your team needs, in plain language,
on a foundation of live, validated financial data.

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