Automate your financial data exchange
From remittance advice to ACH payments to bank reconciliation — Foundational manages the electronic exchange of financial documents between your business systems and your banking partners.
Electronic financial transactions, fully managed
Financial EDI touches some of the most sensitive and time-critical data in your organization. A missed remittance, a failed ACH transaction, or a reconciliation error can cascade into significant downstream problems. Foundational provides the reliability and accuracy that financial data exchange demands.
Our 99.9% uptime guarantee and 24/7 monitoring mean that payment transactions don’t get stuck in failed queues overnight — they’re resolved before your team arrives in the morning.
Common EDI Transactions We Manage
Financial data exchange scenarios we handle
Remittance Advice Automation
Automatically receive and process 820 remittance advice from trading partners, matched to open invoices in your AR system — eliminating manual cash application.
- 820 remittance receipt and processing
- ERP AR matching and posting
- Dispute and deduction management
Banking & ACH Integration
Connect your business systems to your banking partners for ACH payments, lockbox processing, and account reconciliation — all flowing electronically without manual file handling.
- ACH/EFT file generation and delivery
- Lockbox (823) processing
- Bank statement reconciliation
Financial Reporting
Exchange financial information reports and statements electronically between your business and financial institutions, with full audit trails for compliance and reconciliation.
- Automated financial statement exchange
- Regulatory reporting support
- Complete transaction audit trails
Make financial data exchange automatic and reliable
Talk to a specialist about your financial EDI requirements. We’ll design a solution that automates your payment flows and eliminates manual reconciliation work.
Or call: 888-657-2345