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PairSoft and Finexio Renew Partnership to Boost B2B Payments

In a significant move for the financial technology sector, PairSoft, a leader in procure-to-pay automation, and Finexio, a pioneering solution for embedded payments in accounts payable (AP), have announced the renewal of their powerful partnership. Initially formed in 2022, this collaboration is aimed at enhancing operational efficiency for businesses by optimizing payment operations and ensuring robust fraud protection.

The renewed partnership will provide an array of benefits for PairSoft's customers, featuring fully managed AP payment solutions tailored for the needs of modern businesses. These solutions promise increased digital payment yield while dramatically minimizing fraud risk. With Finexio's comprehensive service packages, businesses can expect an all-in-one managed service covering 100% of supplier payments, which includes end-to-end payment execution and AI-powered supplier enablement.

Finexio’s API integration with PairSoft's advanced AP automation suite ensures seamless workflows within existing technology ecosystems. By connecting with leading ERP systems such as Oracle NetSuite, Microsoft Dynamics, Sage Intacct, and Blackbaud, PairSoft enables finance teams to transition smoothly to a digitized payment landscape. This kind of integration not only simplifies the payment process but also enhances the visibility and control that organizations have over their transactions.

A Strategic Approach to Payment Management

Matt Cotter, CEO of PairSoft, emphasized the importance of this partnership, stating, "Our partnership renewal with Finexio continues our joint mission of integrating seamless AP payments within our customers' user experience. Finexio's payment delivery is secured, optimized, and monetized—all critical elements organizations need to make payments at scale."

Alongside this, the advanced supplier capabilities from Finexio will foster greater engagement between suppliers and businesses, effectively improving AP payment performance on all fronts. Ernest Rolfson, Founder and CEO of Finexio, echoed this sentiment, noting, "PairSoft is a valued strategic partner in our mission to modernize and secure the business payments experience for all buyers and suppliers. Together, we are delivering the next generation of AP payments—optimized, intelligent, and fully managed."

About PairSoft and Finexio

PairSoft is a prominent provider in the automation and optimization of procure-to-pay processes, helping businesses streamline their accounts payable functions through AI-powered solutions and seamless ERP integrations. PairSoft aims to be the go-to solution for mid-market and enterprise financial services departments looking to enhance control over their procurement functions.

Finexio stands at the forefront of the B2B payments landscape. With its innovative Accounts Payable Payments Infrastructure-as-a-Service model, Finexio delivers a fully managed solution designed to optimize, monetize, and secure the entire payment lifecycle. Trusted by numerous CFOs, Finexio is instrumental in transforming financial operations for organizations across various industries, handling billions in secure payments every year.

For more information about PairSoft, visit PairSoft.com and learn about Finexio at Finexio.com.

This renewed partnership signifies a progressive step towards more efficient and secure business transactions in the evolving landscape of B2B payments.