Repay Holdings Corporation (REPAY), which offers technology for inbound and outbound payments, integrated its vendor payment automation offering into Acumatica’s enterprise resource planning (ERP) software, according to Tuesday, July 13. Press release.

“With the extension of accounts payable solutions to our existing integration with Acumatica, we continue our commitment to simplify transactions for our customers, while reducing costs and increasing revenues.” Darin Horrocks, SVP, B2B, REPAY, said in the statement.

Extending REPAY’s link with Acumatica to include supplier payments will allow Acumatica users to tap into an in-depth ‘Supplier Activation Solution’ equipped with Accounts Payable (AP) and payment automation capabilities. accounts receivable (AR).

Businesses can make supplier payments more efficiently and transparently by simplifying outgoing payments, saving time and increasing profits, according to the announcement. Additionally, the solution allows businesses to tailor different controls and eliminate the need to provide vendors with sensitive bank account or credit card information.

REPAY also stated that the solution enables “the creation and approval of payment and billing groups”, in addition to hands-off reconciliation and personalized reports within Acumatica.

The news comes as REPAY has completed its AP automation offering in Sage 100. This service is in addition to the company’s existing links with the Sage X3 and Sage 300 offerings. “With the addition of accounts payable solutions to Our Sage 100 integration, we continue our commitment to reducing costs and optimizing the transaction process for businesses, ”Horrocks said in an announcement in May.

In June, REPAY announced the acquisition of integrated accounts payable (AP) automation company Kontrol Payables. “With its AP automation capabilities and supplier network, Kontrol is the ideal partner to grow our AP automation business and enhance our comprehensive B2B offering,” REPAY CEO John Morris said in a June release. . Kontrol works with clients in industries such as construction, food production, software, manufacturing and education.



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