Paya Announces Strategic Partnership with Software Provider AccountingSuite

Rhea-AI Summary

Paya (NASDAQ: PAYA) has announced a strategic partnership with AccountingSuite, aimed at enhancing payment processes for clients. This collaboration will integrate Paya's payment technology into AccountingSuite's offerings, resulting in simplified billing, payment management, and robust reporting features for card and ACH processing. Paya's commitment to customer service is highlighted as a key factor in ensuring a smooth upgrade experience for users. With an annual payment volume of over $35 billion, Paya serves a diverse client base across various sectors, positioning itself as a leading provider in the payment processing industry.

Positive

• Paya's partnership with AccountingSuite enhances its payment processing capabilities.
• Integration is expected to streamline billing and payment management for clients.
• Paya handles over $35 billion in annual payment volume, indicating robust market presence.

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• None.

Through Paya’s integrated payments capabilities, collaboration enhances ease of use for AccountingSuite’s clients

ATLANTA, May 04, 2021 (GLOBE NEWSWIRE) -- Paya (Nasdaq: PAYA), a leading integrated payments and commerce solution provider, announced that it has established a strategic partnership with accounting software firm AccountingSuite.

Through the collaboration, Paya’s integrated payments technology will simplify and streamline AccountingSuite’s payments process for its clients, as well as add advanced billing, payment management, and reporting features for both card and ACH processing. Additionally, Paya’s solution and its commitment to customer service will ensure a seamless upgrade process for AccountingSuite’s clients.

“We are excited about the value which Paya will deliver to AccountingSuite and its customers,” said Mark Engels, Paya’s Chief Revenue Officer. “We look forward not only to leveraging our payments technology to enhance AccountingSuite’s offering, but also to the potential of our shared customer-first approach to offer further value to AccountingSuite’s clients.”

“Choosing Paya as our payment partner was an easy decision,” said Ted McRae, Director of Business Development of AccountingSuite. “Not only was Paya the best option for our software suite, but their platform makes the payments process seamless for us and our clients. In addition to their superior technical capabilities, Paya’s unparalleled attention to customer service aligns perfectly with our own values at AccountingSuite, and we look forward to building on our partnership moving forward.”

About Paya

Paya (NASDAQ: PAYA) is a leading provider of integrated payment and frictionless commerce solutions that help customers accept and make payments, expedite receipt of money, and increase operating efficiencies. The company processes over $35 billion of annual payment volume across credit/debit card, ACH, and check, making it a top 20 provider of payment processing in the US. Paya serves more than 100,000 customers through over 2,000 key distribution partners focused on targeted, high growth verticals such as healthcare, education, non-profit, government, utilities, and other B2B end markets. The business has built its foundation on offering robust integrations into front-end CRM and back-end accounting systems to enhance customer experience and workflow. Paya is headquartered in Atlanta, GA, with offices in Reston, VA, Fort Walton Beach, FL, Dayton, OH, Mt. Vernon, OH, Dallas, TX and Tempe, AZ.

Learn more at https://paya.com.

About AccountingSuite™

AccountingSuite™ is a powerful, all-in-one business application for accounting, cloud banking, order management, inventory & eCommerce management, and project and time tracking in one cloud-driven platform. Our mission is to provide easy to use, no-nonsense software that is scalable for startups, entrepreneurs, and growing companies to manage not only finances, but day to day operations.

Learn more at http://www.accountingsuite.com

Media Contact:
Kerry Close
212-784-5717
kclose@groupgordon.com

FAQ

What is the significance of the partnership between Paya and AccountingSuite?

The partnership will enhance payment processing for AccountingSuite clients through Paya's integrated technology.

How much annual payment volume does Paya process?

Paya processes over $35 billion in annual payment volume across various payment methods.

What features will Paya's technology add to AccountingSuite?

Paya's technology will add advanced billing, payment management, and reporting features for both card and ACH processing.

When was the partnership between Paya and AccountingSuite announced?

The partnership was announced on May 4, 2021.