---
title: How it Works
description: Transform how you pay with a single platform for all payments and payment types. DPX is built to solve your financial and operational payment challenges.
image: https://www.echobilt.com/hubfs/iStock-1480239219.jpg
---

###### How It Works

# Equip your business with a trusted digital platform for payment issuance and reconciliation.

 

 

 

## The ECHOBILT Difference

- ###### One reconciliation report for all payments.
- ###### Empower payees with control over their preferred payment method.
- ###### Make payments regardless of the Buyer/Supplier relationship.
- ###### Dynamic settlement encourages early payments and drives payer revenue.
- ###### Intelligent routing encourages the shift to digital transactions.

![sq rounded corners DPX.5 (5 × 4 in)](https://www.echobilt.com/hubfs/sq%20rounded%20corners%20DPX.5%20(5%20%C3%97%204%20in).png)

 

## Transform How You Pay

##### Modernizing B2B payments with a single platform for all payments and payment types

 

![How it works-2](https://www.echobilt.com/hs-fs/hubfs/How%20it%20works-2.png?width=769&height=682&name=How%20it%20works-2.png)

 

![Icon 14](https://www.echobilt.com/hubfs/Icon%20Folder/DPX%20Icons/Icon%2014.svg)

#### Payee Onboarding

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One-time enrollment is completed as a simple and quick four-step process.

**

![Icon 12](https://www.echobilt.com/hubfs/Icon%20Folder/DPX%20Icons/Icon%2012.svg)

#### Payment Preferences

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Payee selects how they would like to receive payment with access to one or more free options and the ability to receive funds prior to the payment date.   
Payment method can be changed at any time.

**

![Icon 29](https://www.echobilt.com/hubfs/Icon%20Folder/DPX%20Icons/Icon%2029.svg)

#### Payment Issuance

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Payer leverages a single platform to issue payment for all payments and payment types across all vendors and suppliers.

**

![Icon 7](https://www.echobilt.com/hubfs/Icon%20Folder/DPX%20Icons/Icon%207.svg)

#### Payment Inquiry

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At any time, Payees can access the self-service portal to see payment status or address payments requiring action.  
Payment details are updated automatically and include a date and time stamp.

**

![Icon 32](https://www.echobilt.com/hubfs/Icon%20Folder/DPX%20Icons/Icon%2032.svg)

#### Settlement

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Prior to final settlement, Payees can easily convert payment choice from one type to another including receiving funds early.  
Payment is delivered via the Payee’s preferred payment method.

**

![Icon 17](https://www.echobilt.com/hubfs/Icon%20Folder/DPX%20Icons/Icon%2017.svg)

#### Remittance

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Remittance is delivered with the payment and can be printed or downloaded by Payee.

**

![Icon 9](https://www.echobilt.com/hubfs/Icon%20Folder/DPX%20Icons/Icon%209.svg)

#### Reconciliation

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Payer has single reconcilement feed to manage with single format, consistent dispositions, timing and reporting across all payments and payment types.

**

 

## See How It Works

##### ECHOBILT - built to solve B2B payments' financial and operational challenges.

 

[![Request a Demo](https://no-cache.hubspot.com/cta/default/21221972/1bc8f0c2-ee8e-4204-9af3-cf9a45414588.png)](https://cta-redirect.hubspot.com/cta/redirect/21221972/1bc8f0c2-ee8e-4204-9af3-cf9a45414588)