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Quadient Taps REPAY for Embedded Payment Capabilities

September 7, 2023
in DeFi
Reading Time: 2 mins read
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Quadient has built-in REPAY’s embedded funds expertise into its Accounts Payable automation answer.

The embedded funds capabilities will allow Quadient purchasers to pay vendor and provider invoices utilizing digital fee 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 skilled Quadient has teamed up with fee processing firm REPAY to create a greater person expertise round its Accounts Payable automation answer.

Below the partnership, REPAY’s embedded funds expertise shall 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 fee strategies, together with digital card, ACH, Enhanced ACH and Actual-Time Funds. In consequence, corporations save time, cut back prices, and profit from elevated visibility round their bills. 

“Each Quadient and REPAY are dedicated to the continued evolution of embedded fee options that drive automation whereas simplifying and optimizing the accounts payable course of,” stated 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 movement, streamlined inner 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– provides each accounts payable and accounts receivable automation instruments, in addition to buyer communication applied sciences.

Atlanta, Georgia-based REPAY was based in 2006 and provides fee processing instruments to its 24,500 purchasers. The corporate, which processes $27.2 billion every year, 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 client, there’s a number of room for embedded finance instruments within the enterprise house. Embedded funds options, particularly, take away friction, pace up processes round bill funds, and create a greater general person expertise.

Picture by Tim Samuel

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Tags: CapabilitiesEmbeddedPaymentQuadientRepayTaps
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