Case Studies
Case Study #2:
Centralized Payment Portal for Company B
Overview
Company B is a conglomerate comprising 11 smaller companies, all integrated into one larger organization. As they entered an acquisition phase, the need for a robust payment solution became apparent. The chosen ERP solution for this company is Acumatica.
Challenge
The challenge was to facilitate seamless payments across multiple companies and ensure that customers could pay from anywhere, at any time, for invoices generated by any of the 11 companies.
Solution
Our team at PaySmiths Payments developed a direct integration with Acumatica, creating a centralized payment portal. This portal allows customers to pay invoices generated by any of the subsidiaries, offering flexibility and convenience.
Benefits
- Increased Efficiency: The central payment space enables quicker money flow into the business, accelerating cash flow.
- Simplified Reconciliation: The integration streamlines the reconciliation and payment processes within the ERP.
- Focus on Growth: With a reliable payment solution in place, Company B can concentrate on enhancing internal processes and pursuing further acquisitions without the burden of payment collection.
Results
The centralized payment portal has transformed Company B’s payment processing, enabling it to grow rapidly while maintaining financial stability.
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