Platform solution to automate credit applications, invoicing, and payments processing
OXNARD, Calif.–(BUSINESS WIRE)–May 7, 2020–
linked2pay, the award-winning risk management and payments technology provider today announced the launch of CustomerConnect, a solution capable of eliminating late B2B invoice payments. According to recently published data* 52% of B2B invoices in the US are paid past their due date. As a result, 66% of businesses with between 50 and 99 employees express concern or extreme concern over cash flow.
A business fully utilizing CustomerConnect unifies and automates credit applications, result assessments, invoicing, and collecting of payments to agreed terms.
CustomerConnect offers a high degree of flexibility in terms of how a business can apply it. As an example, if a business does not want to change their existing invoicing software, they can still automate credit applications, assess results, and collect payments to agreed terms by integrating our API.
“The breakthrough of CustomerConnect is how it packages and automates the risk management tools used by experienced underwriters and makes them readily available to businesses. It not only eliminates time and labor in the process but will result in better decisions when extending terms to their customers,” says Frank Boccalatte, Chief Risk Officer at linked2pay.
CustomerConnect supports existing merchant accounts on these card processing gateways: TSYS Multipass/Transit, Heartland Portico, First Data, NAB Velocity and Authorize.Net. It also supports the linked2pay and Paya ACH gateways. Banks and resellers (ISOs, ISVs and developers) can easily white label CustomerConnect as well. View Swagger API
“Getting started with CustomerConnect was easy, it took us less than ten minutes,” according to George Haggerty of Main Graphics.
For more information about CustomerConnect visit:
*Data Source: Mercator Advisory Group
linked2pay® provides risk and payment solutions to deliver ACH, credit card, RTP, IMS and check processing automation. The company provides their white label payment solutions platform to banks, channel partners and their clients. Always an innovator, the Company launched the first On-Demand check processing platform in 2002 and is a multiple industry award winner for banking and payments innovation.
Richard McShirley, CMO