PayRec

Delivering Value Through Streamlined Payment Administration

RxLogic delivers modern SaaS solutions that simplify complex pharmacy benefit operations. Our Payables/Receivables Module is the industry's only standalone, cloud-native platform built to automate financial workflows for PBMs, TPAs and healthcare organizations — without requiring a claims system overhaul.

Unified Financial Workflows

Managing financial workflows across payees, clients and network partners can be time-consuming and error-prone. RxLogic's Payment & Receivables Module addresses this complexity with a unified, cloud-based solution built around two key components:

Payables Manager

Generates payment files for network pharmacies and other pay-to entities

Receivables Manager

Creates invoices and claim-level detail files for clients, employers and TPAs

Batch Wizard Automation

At the center is a guided Batch Wizard that takes in a standard Billing Cycle File and automates the production of all required outputs. This end-to-end automation reduces administrative burden, minimizes errors and ensures every financial document is delivered accurately, consistently and in a format ready for audit or reconciliation.

Where Traditional Payment Systems Fall Short

Legacy financial systems are problematic on many levels:

Rarely designed with the complexity of healthcare payment operations in mind

Often rely upon manual reconciliation, lack integration with clinical or claims data

Fragmented tools for managing payments and invoices across multiple systems

Lack direct links to claim-level detail, making validation difficult

Limited transparency into payment status, adjustments or remittance activity

RxLogic's Payable/Receivables Module solves these challenges with a unified, intelligent platform built specifically for pharmacy benefit financial workflows.

What Sets RxLogic Apart

Standalone Deployment

Payables/Receivables is RxLogic's only module that can be implemented independently of the core adjudication platform, making it ideal for modernizing payment processes without switching systems.

Automated Payables Workflows

Generates all required payment files for network entities including 835 remittance files, check summaries, NACHA files, ACH files and AP summaries with claim-level detail.

Automated Invoice File Generation

White-labeled invoices with configurable grouping (Group, Carrier, Organization, etc.) and supporting claim detail files from the Receivables Manager.

Invoice Status and Tracking

Centralized visibility into each invoice generated during the billing cycle, including version control, grouping configuration and supporting claim-level documentation.

Batch Wizard Simplicity

Step-by-step automation for processing payables and receivables, making it easy to manage complex payment cycles while reducing risk.

Audit-Ready Outputs

Delivers transparency, traceability and structured file outputs to support financial oversight and compliance.

Future-Ready Financial Infrastructure

Built on RxLogic's modern, cloud-native architecture, our Payables/Receivables module is designed for scale, security and seamless integration:

SaaS deployment with rapid onboarding

Real-time APIs for connectivity with finance and billing systems

Configurable workflows to align with organizational policies

SOC 2 and HIPAA-compliant infrastructure on Microsoft Azure

Future enhancements will include expanded reporting dashboards, exception handling tools and enhanced integrations with ERP platforms.

Smarter Payment Operations. Transparent Results.

With RxLogic, organizations gain a faster, error-free way to manage financial cycles with full transparency and compliance. Whether deployed as a standalone module or with the full RxLogic platform, Payables/Receivables transforms payment administration into a strategic advantage.

Ready to Streamline Your Financial Operations?

Schedule a demo to see how PayRec can transform your payment administration.

Schedule a Demo