Repay Holdings Collaborates With Yooz To Enhance Accounting Transactions, Eliminate Errors

REPAY HOLDINGS CORPORATION +0.57%

REPAY HOLDINGS CORPORATION

RPAY

3.50

+0.57%

Innovative AP Automation Platform and Payment Technology Integration Enhances Accounting Processes and E-invoicing Workflows

ATLANTA--(BUSINESS WIRE)-- Repay Holdings Corporation (NASDAQ: RPAY) ("REPAY"), a leading provider of vertically-integrated payment solutions, today announced a new integration with Yooz, the leading provider of financial automation solutions empowering Lean Financial Operations™. This collaboration further emphasizes REPAY's commitment to enabling organizations to reduce accounting errors and the risk of delinquent or inaccurate payments while creating more trusting and meaningful relationships with their vendors. REPAY's technology, embedded directly into Yooz's accounts payable (AP) automation software, extends innovative payment capabilities to a broader spectrum of organizations across multiple industries, including automotive, heavy trucking, construction, and manufacturing.

The integration with Yooz significantly expands the reach of REPAY's vendor payment automation capabilities, allowing organizations to improve cash flow visibility, gain greater financial agility, and access benefits such as accurate, on-time payments, fraud protection, and digital-first execution through Yooz's financial automation software. Additionally, allowing organizations to transition from paper checks to digital payments such as virtual cards and ACH modernizes AP processes and improves payment security compared to traditional check printing methods.

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