- The fintech company Quadient which focus on helping businesses connect with customers digitally, has acquired YayPay
- The acquisition will allow Quadient to expand its Business Process Automation offering, including the cloud-based Impress program
- YayPay founded in 2015 works to combine automated invoice delivery and collections management, credit assessment, payment and cash application solutions
- The service provides real-time reporting combined with artificial intelligence in order to predict future cash flow behavior
- The combination of the two companies comes as businesses everywhere are trying to digitize in order to keep up with the effects of the pandemic
- According to CEO Geoffrey Godet, the acquisition of YayPay will aid Quadient in transforming AR processes