Digital Payments News

REPAY Expands Acumatica Functionality to Offer Accounts Payable Automation

REPAY Expands Acumatica Functionality to Offer Accounts Payable Automation

Vendor Payments Automation streamlines vendor payments and enables businesses to optimize workflows and simplify invoice payments

Repay Holdings Corporation , a leading provider of vertically-integrated payment solutions, announced the launch of its Vendor Payments Automation solution into Acumatica, a leading cloud ERP company, enabling small and midmarket organizations to streamline accounts payable processes, optimize internal workflows and securely pay vendors and suppliers.

“With the expansion of accounts payable solutions to our existing integration with Acumatica, we continue our commitment to making transactions simpler for our customers, all while reducing costs and increasing revenue”

Extending REPAY’s integration to include vendor payments automation will give Acumatica users access to a comprehensive vendor enablement solution with both AR and AP payment automation capabilities. Through streamlining outbound payments, businesses can seamlessly pay vendors with increased efficiency and transparency while saving time and boosting their bottom lines. Additionally, businesses using the integration can significantly reduce their exposure to fraud risks by customizing various controls and eliminating the need to provide sensitive credit card or bank account information to hundreds of vendors.

Read More: Mauritius Commercial Bank Ltd To Adopt MITECH’s TRAC Collateral Management System in the Cloud

“With the expansion of accounts payable solutions to our existing integration with Acumatica, we continue our commitment to making transactions simpler for our customers, all while reducing costs and increasing revenue,” said Darin Horrocks, SVP, B2B, REPAY. “We’re looking forward to continuing to build our relationship with the Acumatica team as a sponsor of their annual Acumatica Summit.”

The Vendor Payments Automation solution supports creation and approval of payment groups and invoicing, along with automatic reconciliation and custom reporting within Acumatica.

Read More: Zafin Recognized as a Finalist of 2021 Microsoft Financial Services Partner of the Year

REPAY is a premier sponsor of Acumatica Summit 2021 and will showcase its integrated AR and AP automation solutions at the event in Las Vegas, Nev. on July 18-23, 2021.

Read More: Dello, Montreal’s Newest Fintech Company, Will Make Everyday Crypto Payments More Accessible

Related posts

MoneyGram Digital Business Surges in April with Strong Customer Growth

Fintech News Desk

AlphaTrAI Launches First External Fund and Expands Leadership Team to Bring its Artificial Intelligence-Enabled Asset Management Platform to High Net Worth Investors and Family Offices

Fintech News Desk

Mogo Expands into U.S. Digital Payments Market through Subsidiary, Carta Worldwide

Fintech News Desk
1