New Invoice Financing Offering Boosts Merchants’ Cash Flow
Nuvei Corporation, a Canadian fintech company, has introduced a new Invoice Financing service that integrates with leading enterprise resource planning (ERP) platforms such as Sage and Acumatica. This integration allows merchants to access Nuvei’s Invoice Financing solutions directly within their ERP systems to enhance cash flow optimization and working capital efficiency.
The Accounts Receivable Automation suite by Nuvei is designed to assist customers in managing and improving Days Sales Outstanding (DSO). The launch of Invoice Financing extends this solution off-balance sheet, providing customers with the certainty of receiving same day or next day cash for their invoices.
In today’s environment of high interest rates, businesses are seeking innovative financial solutions to optimize their finances. Nuvei’s Invoice Financing solution enables businesses to expedite payments from any customer invoice with just one click. By leveraging existing payment transaction data, businesses can receive cash promptly at uniquely favorable rates.
Some key benefits and features of Nuvei’s integrated Invoice Financing services include instant access to capital within 24 hours, enhanced cash flow management, and seamless integration with existing workflows. The integration process is streamlined with frictionless onboarding and quick funds disbursement.
Philip Fayer, Chair and CEO of Nuvei, stated, “By integrating our Invoice Financing services with leading ERP platforms, we’re empowering businesses to unlock financial flexibility and optimize their cash flow management, ultimately supporting their success in the ever-evolving business landscape.”
Nuvei is a Canadian fintech company that accelerates the business of clients globally by providing modular, flexible, and scalable technology for accepting next-gen payments, offering payout options, and delivering card issuing, banking, risk, and fraud management services. With a presence in over 200 markets, local acquiring in 50 markets, and support for 150 currencies and 680 alternative payment methods, Nuvei enables customers and partners to succeed locally and globally with a single integration.
For more information about Nuvei, visit www.nuvei.com.
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SOURCE Nuvei
