Announcements

Labor shortages and rising wages have forced U.S. organizations to invest in financial automation services at a growing rate. Companies that use these services are expected to experience dramatic increases in operational performance levels.

Paymerang was recognized as one of the dominant players in the AP automation space, providing next-gen financial automation and payment solutions that use data capture technologies, artificial intelligence, and an electronic document workflow that is designed to improve operational efficiency.

Senior Executive Media recently featured an interview with Paymerang CEO, Nasser Chanda, on his lateral professional development philosophy. In the article, he discusses how Paymerang helps employees unlock opportunities within their departments and find new ways to innovate.

Paymerang has been named a Top Performer in the Accounts Payable Winter 2022 Customer Success Report published by FeaturedCustomers. This marks the third consecutive year that Paymerang has earned the Top Performer distinction in the international B2B platform’s annual report.

Paymerang was recently featured in the Richmond Times-Dispatch after receiving another capital investment to expand their workforce and products. The $10 million investment comes from Aldrich Capital Partners, a Bethesda, Md.-based private equity firm. Aldrich previously invested $26 million in Paymerang in 2018, helping the company add employees and office space. The new capital infusion…