US Fintech International PayEX Showcases Account Receivable Options at Finovate Spring

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DARIEN, Conn., Could 23, 2022 (GLOBE NEWSWIRE) — through InvestorWire — U.S.-headquartered B2B Fintech, International PayEX, which powers giant firms and mid-sized corporations to convey working capital efficiencies through Accounts Receivable (AR) and Accounts Payable (AP) automation, showcased its end-to-end native-cloud, data-driven AR software program resolution at Finovate Spring 2022. Over 1,100 senior executives from monetary establishments, banks and enterprise capitalists around the globe participated within the international Fintech convention from Could 18 to twenty in San Francisco.

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International PayEX management, comprising of Chief Income Officer, Narayan ‘Naru’ Ramamoorthy, Govt Vice President and Head – North America, Anu Agrawal, and Gross sales Director, Efthymios Gkaitatzis, showcased the Firm’s award-winning AR automation software program.

Andrew Wind, Head of Technique and Partnerships at FIS, said, “The AR resolution supplies a complete set of capabilities with two-way actual time ERP integration, configurable parts and simplifies some actually advanced workflows. The PayEX resolution is ready to be a winner on this house.”

International PayEX has processed over $50 billion in transactions since 2015, whereas digitizing 90% of B2B funds for its prospects. The fintech has delivered a 20% discount in Days Gross sales Excellent (DSO), whereas delivering superb actionable insights to CFOs. A number of Fortune 1000 corporations have adopted International PayEX’s FreePay, a cloud-based Digital Bill Presentment and Cost (EIPP) and AlgoriQ, an ML-based automated reconciliation/deduction administration platform for institutional prospects and their distributors. The fintech additionally gives FinEX, an built-in, “embedded purchaser finance platform” from a number of lending companions in addition to AP automation and financing options.

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International multinationals together with 3M, Bridgestone, Huhtamaki, Stanley Black & Decker, GlaxoSmithKline and Hafele are amongst International PayEX’s 60+ prospects. Many banks and monetary establishments energy their Built-in Receivables providing by white labeling International PayEX’s SaaS software program stack.

About International PayEX

U.S.-headquartered International PayEX is targeted on working capital optimization for mid- and large-size firms. Utilizing a Cloud-native, data-driven SaaS platform, International PayEX permits firms to realize hyper-automation in Accounts Receivables and Account Payables enterprise processes, which assist make higher CFO choices through analytics and financing choices.

PayEX helps firms with finance transformation – enabling corporations to understand important ROI (return on funding) starting from 5-10X of investments and a possible to boost revenues from 1% to 4%.

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The B2B Fintech has over 60 purchasers and greater than 25,000 SMEs throughout industries together with CPG, manufacturing, buying and selling, pharmaceutical, meals, packaging, electrical, textiles and {hardware}.

Many international banks and monetary establishments make the most of International PayEX software program to energy their Built-in Receivables providing for company banking prospects.

Based by serial expertise entrepreneur Mohan Krishnan, International PayEX is backed up by globally profitable expertise entrepreneurs and bankers.

International PayEX is globally headquartered in Darien, Connecticut.

For extra data click on right here https://www.globalpayex.com/

Enterprise Contact
Anu Agrawal | EVP & Head – North America
E: anu.agrawal@globalpayex.com

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