GlobalData
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Automation company Quadient has forged a technology alliance with Nuvei to help businesses improve their cloud payment capabilities.
The collaboration integrates Nuvei's payment processing technology with Quadient's cloud-based Accounts Receivable (AR) and Accounts Payable (AP) automation solutions.
This said to offer a secure platform for managing business-to-business (B2B) payments.
Quadient's enhanced cloud-based platform, which facilitates AR and AP automation in multiple currencies and payment methods to businesses across North America, the UK, and Europe.
The integration brings capabilities including customer onboarding, pay-ins and payouts, and risk management.
Quadient's updated platform aims to assist businesses in navigating the complexities associated with cash flow management, standardising payment terms, and transitioning from traditional manual processes to streamlined, digital workflows.
Quadient Digital chief solution officer Chris Hartigan said: “We’re excited to be able to offer our customers globally a solution that goes beyond just automating payments. We’re empowering businesses to modernise and take control of their financial processes.
“With our cloud platform, we’re helping businesses streamline workflows, gain deeper financial insights, and build stronger relationships with customers and suppliers, driving efficiency and sustainable growth to succeed in an increasingly digital and regulated marketplace.”
Nuvei chair and CEO Philip Fayer said: “Nuvei B2B technology partners, such as Quadient, provide customers with full-stack, enterprise-grade solutions that optimize payments and deliver a superior payment experience. By integrating our advanced payment processing technology into Quadient's cloud platform, we're enabling businesses to seamlessly manage transactions across multiple currencies and payment methods through a single, unified solution. We look forward to supporting Quadient as it empowers its customers with customised solutions to accelerate their growth.”
In January , Nuvei acquired Paywiser Japan, including its licence from the Japanese Ministry of Economy, Trade and Industry.
"Nuvei enters cloud payments alliance with Quadient " was originally created and published by Electronic Payments International, a GlobalData owned brand.
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