FinTech Sits Between Buyers And Suppliers For Faster Payments

Faster B2B payments can strengthen buyer-supplier ties, but accounts receivable (AR) and accounts payable (AP) objectives are not always aligned.

This week’s look at the convergence of AR and AP explores the technologies that sit between business partners to find common ground and accelerate the B2B payments flow.

PayBrix revamps digital presence as Ireland’s economy steps up

Dublin, Ireland: Innovative technology-driven collection suite PayBrix has revamped its online presence with a new website and social media handles as the Irish economy begins to open up again following months of COVID 19 lockdown.

The new focus is the culmination of three years of research & development funding for the software by Sremium Ltd, a leading Dublin-based BPO services company. The revamped website clearly outlines the key product features of PayBrix and how it has helped clients collect over €14.7m in 2019 alone.

The website was developed with the support of Keith Wealleans and his team at Clear Designs. It has been designed to offer a responsive, user-friendly experience with improved functionality and ease of navigation while allowing guests to see the full potential of the software.

The new bespoke PayBrix website will be updated on a regular basis with service updates, essential client information, latest press releases, and sector news. Visitors are encouraged to explore the website and sign up for a free demo of the software to see how it can benefit their business.

In addition, the newly launched PayBrix Facebook, Twitter, and LinkedIn accounts allow social media users to stay tuned in wherever they may be.

“As we move into a phase of reopening, businesses are starting to look at their books and wonder how to move forward,” said Jim Moore, CEO, PayBrix. “We’ve seen a huge uptick in recent weeks of inquiries from companies looking to outsource difficult operations so they can focus on what’s mission-critical to them.”

Deep Dive: Why Technology-Forward Restaurants Are Adopting Digital POS

The COVID-19 pandemic is disrupting dining trends, and restaurants need to prepare for restored and enhanced table service operations once COVID-19 containment and response efforts no longer compel social distancing. Consumers in more normal times show strong preferences for technologies that allow them to place orders digitally via apps, kiosks or other tools while inside restaurants, and many eateries had been looking to infuse digital ordering into their dining-out experiences before the coronavirus hit.