Scanco Selects Nuvei To Boost B2B Payments For Warehouse and Manufacturing Operations

Collaboration improves repayment capacities for Scanco clients, simplifying procedures and boosting economic exposure

MONTREAL and NOKOMIS, Florida, August 08, 2024– Nuvei Company (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech business, today reveals its collaboration with Scanco Software, LLC (” Scanco”), a leading supplier of ingenious software application options for the production and circulation markets, to boost Scanco’s brand-new Invoice2Payment (i2PAY) remedy.

i2PAY enhances Scanco’s existing stockroom monitoring capacities with settlements attributes consisting of on the internet repayment handling, e-mail invoices, automated down payments, and progressed analytics. Teaming up with Nuvei allows Scanco clients to access a market-leading collection of repayment options, consisting of Card-Not-Present and ACH handling capacities, incorporated straight right into Scanco clients’ venture source preparation (ERP) systems, consisting of Sage, to promote streamlined process, rise back-office effectiveness, and reduce invoice-to-cash cycles.

Nuvei’s ERP settlements engine provides perfectly incorporated repayment approval and dispensation options to its clients, in addition to single-view exposure of information and understandings required to make faster, better-informed choices. By leveraging Nuvei’s deep ERP settlements experience, and supplying near-real-time repayment details, Scanco clients will certainly have the ability to resolve economic details throughout systems and boost exposure much more effectively.

The collaboration aids Scanco promote its goals to create an Independent Supply Chain system throughout eCommerce, Dispersed Order Administration, Storehouse Administration Solution and Manufacturing and Delivery. Additionally, by making use of Nuvei’s international reach Scanco will certainly accomplish its future worldwide growth strategies.

Philip Fayer, Nuvei Chair and chief executive officer, talked about the statement:” By incorporating our innovative B2B repayment capacities with Scanco’s ingenious software application, we’re allowing services to simplify their procedures, boost capital, and make even more educated economic choices.”

Andy Nunez, Head Of State & Chief Executive Officer of Scanco, included: “Partnering with Nuvei enables us to provide our clients an extensive repayment remedy in i2PAY that attends to the essential repayment demands of our clients. The assimilation of Nuvei’s repayment innovations with our wheelchair options will certainly give exceptional effectiveness and exposure for services running in stockroom and production settings.”

This collaboration notes a substantial action for Nuvei in raising its incorporated circulation and strengthening its existence as the supplier of repayment options to production and circulation clients in this quickly expanding market.

Concerning Scanco:

Throughout the years, Scanco Software program, LLC (www.scanco.com) has actually gone to the leading edge of creating brand-new innovations for mobile stockroom, production, and repayment automation options. Scanco’s options provide unrivaled effectiveness and exposure for circulation and production business around the world.

Concerning Nuvei:

Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech business speeding up business of customers all over the world. Nuvei’s modular, versatile and scalable innovation enables leading business to approve next-gen settlements, provide all payment choices and gain from card releasing, financial, danger and scams monitoring solutions. Attaching services to their clients in greater than 200 markets, with regional getting in 50 markets, 150 money and 716 alternate repayment techniques, Nuvei offers the innovation and understandings for clients and companions to prosper in your area and internationally with one assimilation.

For more details, see www.nuvei.com

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