Pairsoft Launches B2B Digital Payments Solution In Collaboration With Finexio

As PairSoft continues to roll out its Finexio-powered payment system, current customers interested in these enhanced capabilities should continue communicating with their account managers.

Fremont, CA: "We are excited and ready to jump into payments. This is the next great step in our mission to lead the procure-to-pay market, and we couldn't have chosen a better teammate than Finexio," said Matt Cotter, PairSoft CEO. "Innovation and strategy are at the heart of everything we do, and this product is the latest proof point."

PairSoft is a prominent provider of procure-to-pay solutions that interface directly with Microsoft Dynamics, Oracle NetSuite, Blackbaud, Oracle, and Sage Intacct, among other ERPs. We deliver enterprise-style functionality to B2B transactions, providing complete process control and visibility as well as automation and analytics to promote sustainability.

PairSoft launched a payment processing cooperation with finance behemoth Finexio. Finexio is a prominent provider of AP Payments-as-a-Service, specializing in offering end-to-end payment capabilities embedded inside Procurement, AP Software Platforms, and Financial Institutions. Its embedded electronic payments technology significantly challenges old, fragmented manual AP methods.

PairSoft Pay, powered by Finexio, will help AP and procurement teams maintain high performance using PairSoft's complete solutions. The new payment solution is a critical component of PairSoft's goal for a unified, non-siloed spend management cycle that saves clients time and money via streamlined automation and the absence of fraud-prone paper checks. Furthermore, one-click payments, greater security and control, high-touch supplier enablement, and different payment alternatives for suppliers will enhance the PairSoft client experience.

PairSoft's foray into payments complements the company's sophisticated automation products, within which the Finexio-powered payment platform would get integrated. Pairsoft Pay accepts various payment kinds and channels, including virtual cards, ACH, wire transfers, and physical checks. The capacity to send speedier electronic payments will enhance cash flows and streamline operations for both large and small firms. At the same time, the decrease in human mistakes and PairSoft's end-to-end encryption will help to defend against fraud.

Ernest Rolfson, CEO and Founder of Finexio, agreed: "We are thrilled to begin this partnership with a future-forward organization like PairSoft, and we're ready to elevate their user experience through a seamless payments-as-a-service solution. Finexio exists to embed integrated payments into leading AP and Procurement software platforms serving mid-market needs, and Pairsoft is a leading example of a platform driving exemplary results in digital business transformation for end users. Putting the 'Pay' into 'Procure to Pay' is a natural evolution of the service offering."

As PairSoft continues to roll out its Finexio-powered payment system, current customers interested in these enhanced capabilities should continue communicating with their account managers. Likewise, new businesses interested in leveraging payments and other automated solutions with PairSoft should contact us right away.