Tag Archives: partnership


Procurement Partners, Paymerang Announce New Partnership

Best in Class Procure-to-Pay solution to offer award-winning electronic payables solution Procurement Partners, the senior living and post-acute care market’s fastest growing cloud-based eProcurement and invoice automation platform, has partnered with Paymerang, an award-winning accounts payable epayment and payment fraud solution. The partnership was finalized in June, and Paymerang’s services have become available to Procurement … Read More

How Paymerang Supports Partners

In today’s fast-paced environment, businesses are continually striving to stay ahead of the curve and deliver innovative products and solutions. It is imperative for these organizations to look for new opportunities to drive collaborative innovation that delivers on what their clients need today—and in the future. Partnerships between businesses can harness the strengths and capabilities … Read More

Paymerang Teams Up with the Association of Independent Colleges & Universities of PA

This post was originally shared by AICUP. AICUP is pleased to announce that the AICUP Member Services Committee recently approved a secure  and efficient electronic payments program for AICUP member institutions through a new AICUP Corporate Affiliate, Paymerang.  The terms of this AICUP Member Preferred program were negotiated by the Coalition for College Costs Savings (of which … Read More

Paymerang and M3 Announce New Partnership

M3, the hospitality industry’s #1 cloud-based financial and data management platform, has partnered with Paymerang, an award-winning accounts payable e-payment and payment security solution. The partnership was finalized on Dec. 4, and Paymerang’s services are expected to become available to M3 clients beginning on Jan. 1, 2020. “The collaboration with M3 is a prime example … Read More

Paymerang Partners with VASS to Provide Best-in-Class Electronic Payables Solution to School Districts in Virginia

VASS LAUNCHES PARTNERSHIP WITH AWARD-WINNING ACCOUNTS PAYABLE EPAYMENT AND PAYMENT FRAUD PREVENTION SOLUTION Paymerang has partnered wtih VASS to provide a best-in-class electronic payables solution for school districts in Virginia, with industry-leading payment fraud protection. “From its inception, Paymerang has transformed the way organizations pay their suppliers electronically, enabling them to be more efficient, secure … Read More

Crush Payment Fraud Risk in 2019 with Paymerang and Visa

CFO Leadership Council hosted Paymerang and Visa for a national, collaborative webinar presentation. Our panel of payments and risk managment experts was comprised of Leigh Moore, Sr. Director B2B Partnerships & Innovations at Visa, Eric Waldenmaier, VP at Paymerang, and Jeff Gainer, Director of Information Security & Risk Management at Paymerang. The presentation was attended by … Read More

Paymerang Announces Partnership with Community Bankers’ Bank

Paymerang announces partnership with Community Bankers’ Bank. This partnership will provide Paymerang’s best-in-class electronic payables solution to CBB’s client community banks and their commercial customers. With Paymerang, community banks will be able to automate their accounts payable disbursements, making them more efficient, secure and profitable. “We are excited to welcome CBB’s banks to our growing … Read More

Procurement Partners, Paymerang Announce New Partnership

Best in Class Procure-to-Pay solution to offer award-winning electronic payables solution

Procurement Partners, the senior living and post-acute care market’s fastest growing cloud-based eProcurement and invoice automation platform, has partnered with Paymerang, an award-winning accounts payable epayment and payment fraud solution.

The partnership was finalized in June, and Paymerang’s services have become available to Procurement Partners clients beginning July 1, 2020. The initial response from the first few clients has been incredibly positive.

With a payment network spanning over 400,000 vendors nationwide, Richmond, Virginia-based Paymerang provides its clients and partners across the U.S. with a simple, secure and profitable way to automate their accounts payable disbursements.

Paymerang’s integration with Procurement Partner’s forward-thinking solutions is designed to reduce both the hours and the materials required for the typical accounts payable processes through electronic payments – saving clients time, resources and money.

“Increasingly, our clients are looking for ways to move away from time intensive paper-based systems so they can be more efficient managers.”, said CEO Rusty Zosel,

“Paymerang lets our clients transition 100% of their payables with little to no effort in 30 days or less, and the solution is fully integrated with Procurement Partners. We selected Paymerang due to their experience in payment automation, as well as their customer centric approach – similar to how we operate at Procurement Partners.”

“This partnership is a big win for the senior living and post-acute care market,” said Nasser Chanda, CEO at Paymerang. “We’re going to streamline how vendors get paid and make the whole supply chain cycle more secure. Ultimately, this will allow managers and operators to drive financial performance and provide the best possible care and quality of life for our seniors.”

The solution has been made available to all customers within Procurement Partners’ customer base, which consists of thousands of properties across the United States.

Click here to view the full press release.

How Paymerang Supports Partners

In today’s fast-paced environment, businesses are continually striving to stay ahead of the curve and deliver innovative products and solutions. It is imperative for these organizations to look for new opportunities to drive collaborative innovation that delivers on what their clients need today—and in the future.

Partnerships between businesses can harness the strengths and capabilities of each team and allow for both parties to continually improve, strategically scale innovation, solve complex business problems, and better serve clients. Strategic partnerships and collaboration are essential to improving business outcomes. By identifying the gap in client’s business processes, you can identify opportunities for strategic partnerships.

Connecting with strategic partners to achieve a common goal benefits everyone: businesses, team members, and clients. Businesses can broaden their relevance to better serve their target market; team members can increase their development opportunities by addressing new business problems; clients benefit from strengthened offerings. In addition, building relationships and cultivating partnerships fosters an environment of collaboration and longevity—the partners are in it together and seek to better serve their broader market.

Listening to clients and understanding their pain points creates opportunities for partnerships to call on their unique capabilities to offer real-time solutions. Working towards a common goal not only strengthens the partnership, but more importantly it allows businesses to better serve their clients.

Strategic partnerships allow both parties to play into their strengths and learn from each other, but for any partnership to succeed, communication is key. Paymerang understood this pivotal piece and developed our full-time Marketing Partnership Coordinator role. Since having a dedicated resource to facilitate external partnerships we’ve seen: an increase in partnership engagement, new business opportunities, and increased innovation.

Collaboration and communication are key to breakthroughs and progress. We understand that no two businesses are the same and all clients are unique, so we’ve developed a multi-level approach for our partnerships. We take time to understand our partners strengths and their clients’ challenges. This allows our team to collaborate with partners to solve the business challenges clients experience—while benefiting both parties. Working collaboratively with partners generates energy that fuels growth, innovation and creativity.

Learn more about Partnering with Paymerang.

Paymerang Teams Up with the Association of Independent Colleges & Universities of PA

This post was originally shared by AICUP.

AICUP is pleased to announce that the AICUP Member Services Committee recently approved a secure  and efficient electronic payments program for AICUP member institutions through a new AICUP Corporate Affiliate, Paymerang. 

The terms of this AICUP Member Preferred program were negotiated by the Coalition for College Costs Savings (of which AICUP is a member). And we know from direct responses from your peers in other states that Paymerang is serving a viable need for campuses that are concerned about:

  1. Administrative expense of A/P check writing and student refunds
  2. Fraud protection/security of online and paper A/P payments and
  3. Validation of vendors in this world of phish, spam and international payment fraud.  

AICUP staff participated in multiple presentations and many AICUP member institutions attended webinars. Here is what was found to be impressive:

  1. Simplicity in design – security in execution – walling off your bank account on these ePayments
  2. Ease and speed of implementation – small campuses and large 
  3. Coordination with existing P-card programs, any banking relationship and all common ERP systems
  4. Low-cost business model – they do the work; your campus gets paid
  5. And now, the program provides a safe, online alternative to issuing paper checks in a COVID19 timeframe

If you are interested in learning more about this program email the AICUP liaison, Brian Cook, SVP of Higher Education at Paymerang. 

Paymerang and M3 Announce New Partnership

M3, the hospitality industry’s #1 cloud-based financial and data management platform, has partnered with Paymerang, an award-winning accounts payable e-payment and payment security solution. The partnership was finalized on Dec. 4, and Paymerang’s services are expected to become available to M3 clients beginning on Jan. 1, 2020.

“The collaboration with M3 is a prime example of two well-matched company cultures coming together to provide a best in class solution for the lodging industry” said Michael Prall, VP of Lodging and Hospitality for Paymerang.

“This strategic partnership provides for the implementation of current, and future development of, software technology that will create a secure and efficient accounts payable platform for the lodging industry.”

Paymerang’s integration with M3’s forward-thinking solutions is designed to reduce both the hours and materials required for M3’s typical accounts payable processes. By utilizing electronic payments, M3’s clients will save time, resources, and money—while earning financial rewards.

“The partnership between M3 and Paymerang will further streamline our clients’ financial processes and will go the extra mile to protect their data,” said Scott Watson, M3’s Chief Sales & Marketing Officer. “As M3’s customer base grows and becomes more diverse, we will continue investing in and partnering with solutions like Paymerang to ensure our proprietary and partner-delivered solutions consistently deliver to the highest of standards.”

“This partnership is a big win for the hospitality industry,” said Nasser Chanda, CEO at Paymerang.

“We’re going to streamline how vendors get paid and make the industry more secure. Ultimately, this will allow hotel owners, managers, and operators to drive financial performance and provide fantastic guest experiences.”

The solution will be made available to all of M3’s nearly 6,000 hotel customers, more than half of which are among the top hotel management companies in the U.S. as ranked by Hotel Business.

Click here to view the press release.

Paymerang Partners with VASS to Provide Best-in-Class Electronic Payables Solution to School Districts in Virginia

VASS LAUNCHES PARTNERSHIP WITH AWARD-WINNING ACCOUNTS PAYABLE EPAYMENT AND PAYMENT FRAUD PREVENTION SOLUTION

Paymerang has partnered wtih VASS to provide a best-in-class electronic payables solution for school districts in Virginia, with industry-leading payment fraud protection.

“From its inception, Paymerang has transformed the way organizations pay their suppliers electronically, enabling them to be more efficient, secure and profitable. This is incredibly important as the latest Global Fraud and Risk Report from Kroll showed over 80% of respondents reported their companies were targeted with at least one attempt at fraud in the past 12 months,” said CEO Nasser Chanda.

“Payment fraud is not just another state’s problem. It has hit home in Virginia directly affecting our school divisions,” according to Virginia Association of School Superintendents Executive Director Ben Kiser.

He continued, “Our newest Associate Partner Paymerang will provide our members with immediate solutions to this problem and help us with long-range preventive strategies for the future.”

Paymerang goes the extra mile to protect payments—securely enrolling suppliers online, encrypting data, storing it and requiring secondary authentication. The company undergoes rigorous audits on a regular basis to ensure the highest standards in payment security are practiced by its employees.

“We want Virginia schools to be able to provide the highest quality education to their students. By outsourcing their vendor payment processing to Paymerang, schools can focus on their mission of developing lifelong learners that are responsible, engaged and successful citizens. Paymerang has been providing best-in-class payment security to the private sector for over ten years, and we are committed to doing the same for public schools across the country,” said CEO Nasser Chanda.

This partnership will allow school districts to automate the entire vendor payment process.

With the touch of a button, they can automatically pay all invoices. Paymerang makes the payments and handles all the reconciliation, ensuring all payments are processed and paid to the correct accounts.

Clients no longer need to print and mail checks or chase uncashed payments. This simple process change allows clients to refocus efforts away from payment processing and reconciliation to more strategic priorities like operational efficiency and financial controls.

It’s a win-win-win situation that will revolutionize B2B payments for school districts.

Crush Payment Fraud Risk in 2019 with Paymerang and Visa

CFO Leadership Council hosted Paymerang and Visa for a national, collaborative webinar presentation.

Our panel of payments and risk managment experts was comprised of Leigh Moore, Sr. Director B2B Partnerships & Innovations at Visa, Eric Waldenmaier, VP at Paymerang, and Jeff Gainer, Director of Information Security & Risk Management at Paymerang. The presentation was attended by over 60 CFOs from across the country and was moderated by Angela Tise, CFO Leadership Council’s Northeast Regional Director.

Our panel of payments and risk management experts discussed the growing threat of payment fraud risk and how CFOs and financial teams can protect their organizations.

Payment fraud risk is a very real threat to organizations. One slip-up in processing an ACH or wire transfer could cost  millions of dollars and result in significant embarrassment for finance teams. Paymerang and Visa teamed up for an interactive session to share four ways you can build a resilient organization, ready to handle the growing threats in 2019.

Our panel of payments and risk management experts shared information about the latest scams and some practical ways to prevent them.

Learning Objectives:

o Uncover the key threats of payment fraud that you face today

o Learn about the four layers of protection available to you against payment fraud

o Identify the practical steps you can implement right away to protect your organization from payment fraud

o Discover the efficiency and security gains of implementing a comprehensive ePayable solution

 

To view the presentation click here. 

 

About CFO LC

Founded in 2006, The CFO Leadership Council began as an informal gathering of finance executives who wanted to build lasting connections with their peers in a comfortable, confidential setting.  Originally named “The CFO RoundTable,” our close community has grown significantly over time and, to date, includes 23 chapters and more than 1,300 members who actively drive the organization through their feedback and insight.

In addition, our sponsors and partners are a select group of industry leaders who help to enhance our stellar reputation.  And, keeping in mind our original goal of offering programs “for CFOs, by CFOs,” we continue to provide the best monthly in-person events, featuring expert panels and interactive sessions, as well as fresh, online content that drives meaningful conversation and leadership development amongst our membership.

 

Presented by:                       In partnership with:

         

 

 

Paymerang Announces Partnership with Community Bankers’ Bank

Paymerang announces partnership with Community Bankers’ Bank. This partnership will provide Paymerang’s best-in-class electronic payables solution to CBB’s client community banks and their commercial customers. With Paymerang, community banks will be able to automate their accounts payable disbursements, making them more efficient, secure and profitable.

“We are excited to welcome CBB’s banks to our growing list of clients,” said Paymerang CEO, Nasser Chanda. “Community banks today are facing intensifying competition from larger banks and continued regulatory demands. By outsourcing their AP processing to Paymerang, they can focus on managing their core business and taking care of their customers. By also making Paymerang available to their commercial clients, community banks can compete against larger Fintechs and national banks. It’s a double win.”

“CBB’s mission is to deliver continuous innovation and outstanding value to community bank clients through the economies of scale that we create,” said Billy Beale, President and CEO at CBB. “We are thrilled to bring Paymerang’s world-class ePayables platform to our banks. It’s a game changer in terms of the operational efficiency and incremental revenue it creates for the banks and their clients. With growing competition and heightened security risks in the community banking sector, Paymerang is a timely solution. We are already seeing strong interest.”

To read the full press release click here.