Onyx CenterSource, Inc. (OTCMKTS: ONXC) is a global provider of credit management, receivables services and payment processing solutions for the consumer goods industry. The company offers an integrated suite of cloud-based platforms designed to help manufacturers, distributors and retailers manage trade credit, accelerate cash collections and optimize working capital across complex supply chains.
Onyx’s core service lines include credit risk assessment and monitoring, credit insurance placement, deduction management and recovery services, as well as electronic payment processing covering ACH, credit card and virtual card transactions. Its proprietary analytics tools enable clients to detect and recover short pays, reconcile deductions and automate reconciliation workflows, reducing administrative costs and improving cash flow visibility.
Founded in 2004 and headquartered in Coral Springs, Florida, Onyx has since expanded its footprint to North America, Europe, Asia-Pacific and Latin America. The company supports thousands of trading relationships in sectors such as food and beverage, personal care and household products, delivering localized service through a network of global offices and strategic partnerships.
Under the leadership of co-founder and Chief Executive Officer Edward R. Michael, Onyx emphasizes technology innovation and customer collaboration to address evolving payment and credit challenges. Its management team combines deep industry expertise with a focus on scalable, data-driven solutions to help consumer goods companies streamline order-to-cash cycles and enhance overall financial performance.
AI Generated. May Contain Errors.