Appraisal management software company Connexions recently announced enhancements to its enterprise-grade accounting and payment processing solutions tailored specifically for AMCs, according to a release.
Designed to eliminate financial complexity and administrative burdens, Connexions is refining how AMCs manage payments and accounting — delivering a seamless, all-in-one platform designed to simplify complex workflows, maintain financial clarity and ensure compliance — all while saving hours each week.
AMCs juggle countless tasks daily that include coordinating appraisals, managing vendor panels, reconciling invoices and ensuring timely payments, all while navigating tight deadlines and regulatory requirements.
The company also pointed out that manual processes and fragmented systems often lead to delays, errors and strained communication with appraisers. Connexions eliminates these pain points with its robust accounting infrastructure, seamless payment execution and centralized financial visibility.
“AMCs deserve tools that work as hard as they do,” Connexions CEO/President Tom McCormick said in the release. “Our enhanced platform turns payment management from a headache into a strategic advantage. By automating manual tasks and delivering total financial clarity, we’re helping AMCs reclaim hours in their day and reinvest in what matters most.”
Connexions acts as a centralized hub for AMCs, offering many features including one-stop payment processing, automated payments directly to appraisers on your behalf, reduction of administrative burdens, manual data entry and error revision, self-service access for vendors to track receivables, view payment statuses, and resolve discrepancies and email notifications keep AMCs and appraisers aligned on payment confirmations and updates.
Appraisers can also view their payment status, reducing back-and-forth inquiries and fostering trust.
“Connexions’ commitment to the AMC industry is underscored by its deep understanding of sector-specific challenges,” the release stated. “The platform’s centralized invoicing and accounting capabilities, ensure that AMCs maintain full control over financial operations without sacrificing agility. Additionally, Connexions’ dedicated AMC solution provides end-to-end workflow automation, from order assignment to reconciliation.”