Fintech startup Nuvei Corporation has successfully integrated with Microsoft Dynamics 365 Business Central, an ERP solution designed for small and medium-sized businesses.
The Canadian fintech startup Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI) announced today that it has completed its first integration with Microsoft Dynamics 365 Business Central, an ERP solution designed for small and medium-sized businesses.
Businesses worldwide can now easily incorporate all relevant payment methods, including card payments and instant bank transfers (including ACH transactions in the U.S.), and distribution services into their business operations through their current Dynamics 365 Business Central module. Thanks to Nuvei's superior accounts receivable (AR) automation software and in-depth knowledge of embedded ERP payments, Business Central customers in sectors like manufacturing, distribution, wholesale, and construction are seeing reduced performance, back-office reunification, and accounting workflow friction in their finance departments.
Invoice matching and proprietary cash acceleration tools are among Nuvei's proprietary technologies and strong integration, which can be used to shorten DSO (Days Sales Outstanding) or receivables cycles. Additionally, businesses have access to payment information in almost real-time, which helps them reconcile financial data across systems more effectively and quickly, resulting in better-informed decisions.
This is Nuvei's most recent announcement, as it builds on two decades of experience in the B2B payments field and grows its sizable portfolio of ERP integrations in the midst of the industry's fast expansion.
