This acquisition fits squarely within Paymerang’s strategic roadmap:
It adds products with deep domain expertise and native integrations in the Microsoft ERP ecosystem, with a valuable community of channel partners;
It adds a proprietary AI platform, with modern APIs and multi-document capability, that will help Paymerang expand its solutions for the office of the CFO;
It adds an international presence with users in over twenty-five countries.
The combined solutions will enable customers to save AP departments thousands of hours annually, reducing the time needed to process and pay invoices from weeks to minutes, achieve peace of mind around data accuracy, security, and visibility while reducing the risk of payment fraud, and improve data extraction and visibility into cash flow while minimising manual data entry.
Founded in 2010, Paymerang provides a streamlined invoice and payment automation platform that brings finance departments into the modern age. Paymerang's platform saves AP departments thousands of hours annually, enhances visibility, increases accuracy, improves efficiency, and earns rebates while reducing paper, fraud risks, and operating costs.
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