- Quadient has built-in REPAY’s embedded funds know-how into its Accounts Payable automation answer.
- The embedded funds capabilities will allow Quadient purchasers to pay vendor and provider invoices utilizing digital cost strategies.
- By together with embedded funds within the accounts payable course of, corporations save time, cut back prices, and profit from elevated visibility round their bills.
Buyer expertise knowledgeable Quadient has teamed up with cost processing firm REPAY to create a greater consumer expertise round its Accounts Payable automation answer.
Underneath the partnership, REPAY’s embedded funds know-how might be out there to corporations utilizing Quadient’s Accounts Payable automation answer. The mixing will allow Quadient purchasers to pay vendor and provider invoices utilizing digital cost strategies, together with digital card, ACH, Enhanced ACH and Actual-Time Funds. Consequently, corporations save time, cut back prices, and profit from elevated visibility round their bills.
“Each Quadient and REPAY are dedicated to the continuing evolution of embedded cost options that drive automation whereas simplifying and optimizing the accounts payable course of,” mentioned REPAY EVP, Enterprise Funds Darin Horrocks. “We’re thrilled to affix forces with Quadient and stay up for working collectively on new methods to optimize funds and combine our applied sciences for improved money stream, streamlined inside processes, and elevated buyer and vendor satisfaction.”
Quadient, previously generally known as GMC Software program, was based in 1924 to supply corporations mailing options and enterprise provides. Over time, the corporate transitioned into the digital world, and now– along with paper mailing options– gives each accounts payable and accounts receivable automation instruments, in addition to buyer communication applied sciences.
Atlanta, Georgia-based REPAY was based in 2006 and gives cost processing instruments to its 24,500 purchasers. The corporate, which processes $27.2 billion annually, counts purchasers throughout a variety of industries, together with healthcare, banking, training, automotive, and extra.
Whereas a lot of the speak round embedded finance facilities across the finish shopper, there may be quite a lot of room for embedded finance instruments within the enterprise house. Embedded funds options, particularly, take away friction, velocity up processes round bill funds, and create a greater general consumer expertise.
Photograph by Tim Samuel