Tag Archives: procure to pay


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

Paymerang Acquires Inworks

Acquisition Creates the Most Comprehensive ePayables Solution in the Healthcare Industry RICHMOND, VA, Dec 6, 2019 – Paymerang, LLC, a leading innovator in procure-to-pay automation, announced the asset acquisition of Inworks Servicing, LLC, a forerunner in accounts payable automation for the healthcare industry. “The acquisition of Inworks marks a key milestone in Paymerang’s evolution. Since … 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.

Paymerang Acquires Inworks

Acquisition Creates the Most Comprehensive ePayables Solution in the Healthcare Industry

RICHMOND, VA, Dec 6, 2019 – Paymerang, LLC, a leading innovator in procure-to-pay automation, announced the asset acquisition of Inworks Servicing, LLC, a forerunner in accounts payable automation for the healthcare industry.

“The acquisition of Inworks marks a key milestone in Paymerang’s evolution. Since our investment from Aldrich Capital Partners last year, we have rapidly scaled our platform through investments in product development, operations delivery, sales, and marketing. We’ve built a leading position and proven brand in our target markets,” said Nasser Chanda, CEO of Paymerang. “By combining our healthcare business with that of Inworks, we establish a preeminent organization in the sector.”

With the close of the acquisition, Paymerang is bolstering its healthcare offering, which is now the most comprehensive solution in the industry.

Hospitals, physician groups, and other providers can now streamline and secure their accounts payable processes like never before—enabling them to focus on their core mission of delivering first-rate patient care.

“Innovating and improving the accounts payable function for healthcare providers has been key to establishing Inworks as a successful company,” said Jim Wolfston, Chairman of Inworks. “Combining our product suite and customer list of hospitals across the country into the momentum of Paymerang carries tremendous potential. We look forward to tracking Paymerang as it further accelerates its growth.”

With the acquisition, Paymerang adds a dedicated and skilled team of healthcare payment experts and establishes a West Coast office in Portland, Oregon—further deepening the company’s operations and customer support capabilities.

“We are thrilled with our investment in Paymerang,” said Aldrich Capital Partners Founding Partner, Mirza Baig. “The company has demonstrated strong growth and execution, and this acquisition adds a new dimension in its trajectory. We are proud to stand behind management and support all aspects of the company’s growth.”

To view the full press release click here.