Quadient acquires accounts receivable automation fintech YayPay

YayPay, founded in 2015, provides a combination of automated invoice delivery paired with collections management, credit assessment, payment, and cash application solutions, delivering a cloud-based platform to more than 3,000 users globally. YayPay’s solution also combines real-time reporting with artificial intelligence to provide companies insight into future payer behaviour and how it impacts their cash flow, according to the official press release.