Abacus Payment Exchange (APX)
Streamlined payment processing for legal and accounting professionals.
Executive Summary
APX (Abacus Payment Exchange) is an integrated payment processing solution specifically designed for legal and accounting firms. It aims to simplify and secure the handling of client payments, ensuring compliance with industry regulations and ethical guidelines. The solution typically supports various payment methods, including credit cards, debit cards, and potentially ACH/eCheck, allowing firms to accept payments conveniently from clients. By integrating directly with practice management software, APX helps automate reconciliation, reduce manual errors, and improve cash flow for professional services firms.
Use Cases
- Accepting client payments for legal services
- Processing retainer fees and trust account deposits
- Managing invoices and recurring billing for accounting clients
- Streamlining payment reconciliation with practice management software
- Providing secure online payment options for clients
Features
Visibility
- Transaction History: View and search all past payment transactions.
- Client Payment Portal: Secure online portal for clients to make payments.
- Fee Management: Track and manage processing fees associated with transactions.
Technical Specifications
Integrations
- AbacusLaw
- Amicus Attorney
- QuickBooks
- Xero
Pricing
- Starting Price
- Contact sales
- Target Customer
- SMB,Mid-Market
About Abacus Data Systems, Inc.
Abacus Data Systems, Inc., also known as CARET and formerly AbacusNext, is a privately-held provider of cloud-based management software solutions for legal and accounting firms. The company offers practice management, document automation, payment processing, and private cloud hosting platforms.
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