Introducing  YayPay  by  Quadient 

Submitted by r.couturier on

The credit, collection and payment management solutions market is experiencing year on year double-digit growth and was valued at 11 billion USD in 2018.  

Market forces in 2020 have accelerated the rate at which businesses of all sizes are looking for ways to streamline business processes so employees can focus on higher value tasks aligned with business growth, including accounts receivables automation.   

In order to address these critical challenges, Quadient is thrilled to announce the acquisition of YayPay, a leader in the fast-growing Accounts Receivables Automation Market.  

YayPay helps customers collect accounts receivables through a comprehensive cloud-based platform that provides automated, multi-channel invoice delivery paired with payment, cash application, credit assessment and collection solutions. The YayPay platform also combines comprehensive reporting with artificial intelligence to give companies insight into future payer behavior and its impact on cash flow, helping them reduce write-offs and Days Sales Outstanding (DSOs). 

YayPay is well aligned with Quadient’s 'Back to Growth' plan and our continued focus on accelerating the Business Process Automation solution offering. This strategic acquisition brings together two best-in-class technologies, YayPay and Impress – Quadient’s Automated Document Output Platform. 

Together, the two organizations will combine efforts in R&D and sales to stimulate YayPay’s growth and expansion by addressing the needs of our global customer base.  YayPay and Quadient share the same ambition, and we are committed to supporting our customers with smart, expert and easy-to-use digital solutions today and in the future.  

This is an investment in both technology and in people – we are equally excited to welcome a team of new colleagues to Quadient, bringing expertise in the Accounts Receivables Automation Market and a best-in-class SaaS platform to meet the needs of AR teams around the globe.  
 

 

The YayPay Platform at a Glance  

 

Fast, easy and highly predictable  AR automation   

YayPay by Quadient is a SaaS-based predictive and automated AR management solution that helps financial teams perform better, manage receivables quicker, and get paid faster.

With connectors built for today’s most popular ERP, CRM, accounting and billing systems, YayPay combines real-time accounts receivables, analytics, and payment predictions to help businesses increase cash flow.

YayPay’s extensive capabilities include:  

  • Integrated click-to-pay functionality to streamline payments  
  • Credit assessment  
  • Automated workflows and AR collections communications  
  • Visibility into complete communications history  
  • AI-driven comprehensive dashboards and reporting including:  
    • Real-time DSO  
    • Dynamic, current AR aging  
    • Payment prediction  
    • Payer trends  
    • Automated collection activity  

And much more.  

Click here to learn more or contact us today to find out how we can help your financial team perform better, manage receivables quicker, and get paid faster with YayPay by Quadient.  
 

Finance
Blog