SAN FRANCISCO, June 2, 2020 /PRNewswire/ — GoCardless, the main fintech for recurring funds, at this time introduced a strategic partnership with YayPay, a number one predictive accounts receivable (AR) automation resolution. This wide-ranging partnership will see YayPay combine GoCardless’s world community with its AR choices to supply direct debit funds to its increasing base of consumers in North America and Europe.
By providing bank debit as a cost possibility, YayPay will assist its clients to receives a commission quicker, enhance cash circulation, and considerably cut back cost prices. YayPay joins a rising variety of SaaS-based companies selecting GoCardless to energy world funds.
YayPay is amongst many U.S. companies seeking to improve worldwide development via the usage of bank debit. Analysis performed by GoCardless and YouGov signifies that whereas 69% of U.S. companies accumulate worldwide funds, and 72% of them have ambitions to extend their worldwide development over the subsequent 5 years, 58% of them imagine the complexity of cross-border funds is holding them again from this enlargement.
“A rising variety of our clients are searching for methods to increase their world attain by gathering bill funds from clients in different elements of the world,” mentioned Anthony Venus, CEO & Co-founder, YayPay. “By partnering with GoCardless and providing bank debit, we’re empowering them to do that, whereas additionally addressing the cost choices we make accessible to our personal quickly increasing record of consumers worldwide. The GoCardless cost community is the best resolution for addressing the worldwide aspirations of our clients.”
Kevin Permenter, Analysis Supervisor on the Worldwide Information Company (IDC) mentioned, “YayPay has frequently leveraged innovation to extend their market presence within the accounts receivable software program market. This partnership between YayPay and GoCardless is an additional step in realizing the internationalization and increasing the worldwide attain of YayPay’s buyer base.”
“YayPay is a rapidly-growing enterprise on the forefront of back-office automation and machine studying, and we’re thrilled to be partnering with them to combine the GoCardless community into their cost choices,” mentioned Andrew “AG” Gilboy, Common Supervisor, North America, at GoCardless. “This partnership will increase the cost choices supplied via YayPay’s AR options and permit YayPay’s clients to function in a method that is really borderless.”
YayPay is an accounts receivable software program that simplifies the collections course of and improves the invoicing expertise by offering real-time visibility into the AR pipeline. Our resolution leverages machine studying and computerized cost communications to speed up collections, eradicate and streamline the guide effort related to following up on late invoices, and report on KPIs. YayPay integrates with a number of accounting, ERP, billing, and CRM purposes, for a whole look into the AR course of, from collections to cash utility. For extra info go to https://www.yaypay.com.
GoCardless is a world chief in recurring funds. Our world funds community and expertise platform takes the ache out of getting paid for greater than 50,000 companies worldwide, from multinational firms to SMBs. Every year GoCardless processes US $15 billion of funds throughout greater than 30 nations. We now have 5 workplaces all over the world within the UK, France, Australia, Germany, and america. For additional info, please go to https://gocardless.com/en-us/ and comply with us on Twitter @GoCardless.
GoCardless Headquarters (UK)
Black Rocket Consulting for GoCardless (U.S.)
YayPay Inc. (U.S.)
Maitland/AMO for YayPay Inc. (UK)