The agreement between the two companies aims to enhance Scanco’s new Invoice2Payment (i2PAY) solution, that complements its existing warehouse management capabilities. The new solution includes online payment processing, email receipts, automated deposits, and advanced analytics.
By collaborating with Nuvei, Scanco enables customers to access a wide array of payment solutions such as CNP (card-not-present) and ACH processing capabilities, directly integrated into Scanco’s customers’ enterprise resource planning (ERP) systems. At the same time, customers also have access to Sage that can facilitate simplified workflows, increase back-office efficiencies, and make invoice-to-cash cycles faster.
The partnership also aims to help Scanco boost the development of an Autonomous Supply Chain platform across ecommerce and, by tapping into Nuvei’s global reach, the software solution provider can further expand internationally and scale its business.
At the same time, officials from Nuvei said that integrating their advanced B2B payment capabilities with Scanco’s innovative software represents a step forward for businesses that can streamline their operations, enhance their cashflows, and make more informed financial decisions. On the other hand, the partnership also allows Scanco to deploy its i2PAY suite of solutions to address the critical payment requirements of clients and will further offer high efficiency and visibility for businesses operating in manufacturing environments or warehouses.
Scanco Software develops in-house new technologies for mobile warehouse, manufacturing, and payment automation solutions.
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