Take control of your revenue data with seamless, automated exchange
CDEX
Key Features
Providence CDEX delivers an efficient, secure, and fully integrated solution for managing check stub data across your operations.
- Electronic check stub upload and download: Automate the transfer of purchaser check stub data to eliminate manual entry and reduce errors.
- Supported portal integration: Connect seamlessly to any CDEX-supported ecommerce portal for real-time, secure data exchange.
- Advanced cross-referencing: Automatically match purchaser codes, owner numbers, transaction codes, product codes, other charge codes, and more.
- Full data transmission verification: Validate transmission integrity with built-in checks that confirm the complete and accurate exchange of data.
- Multi-entity import support: Import revenue data for multiple business entities simultaneously, simplifying enterprise-level management.
- User-controlled data purging: Define when and how historical CDEX data is cleaned up, ensuring an organized and current database.
- Revenue Entry integration: Transfer data directly into Providence Revenue Distribution for seamless posting, reconciliation, and reporting.
- Full net and 100% data validations: Automatically validate revenue amounts, decimal accuracy, and distributions before processing.
- Support for distributable and direct income revenues: Manage both revenue types within the same workflow for complete operational flexibility.
- Integrated exception handling: Flag, display, and help resolve mismatches, missing data, and other discrepancies before they reach your accounting system.
- Multi-source import capability: Import files via modem, internet, email, fixed media, or direct file transfer, depending on provider formats.
- User-controlled authority levels: Set granular user permissions to protect sensitive financial data and ensure compliance.
- Outbound distribution support: Upload distributed revenue data for owners who accept electronic files via participating portals.
Benefits of Providence CDEX
Providence CDEX delivers clear operational advantages by automating one of the most error-prone parts of revenue accounting, manual check stub entry.
Faster revenue processing
Automation dramatically reduces the time spent manually keying and reconciling purchaser details.
Improved data accuracy
Built-in validations, cross-checks, and exception handling ensure clean, reliable data before it reaches Revenue Distribution.
Improved collaboration
Secure electronic exchange reduces turnaround times and eliminates unnecessary corrections.
Reduced compliance risk
Audit-ready transmission tracking and strict authority controls safeguard sensitive financial data.
Scalable for any operation
Supports multiple entities, large data volumes, and a range of transmission sources as your operations grow.
Lower operational overhead
Less manual work, fewer corrections, and reduced administrative burdens result in a lower cost per revenue cycle.