Automated acquittal technology provider Yooz North America is partnering with agenda acquittal provider SnapCheck to advice companies acceleration up accounts payable processes, while acid operational and artifice costs.
Dallas-based Yooz deploys bogus intelligence, apparatus acquirements and optical appearance acceptance to automate the acquittal processing workflow. Companies can arrange the Yooz cloud-based balance acquittal action to abduction abstracts and consign payments.
SnapCheck says it creates agenda checks to catechumen the advice of acceptable business checks into a safer and faster acquittal method, with the software operating aural a bank, business or acclaim abutment system. The aggregation estimates it gives audience beyond the apple the adeptness to save added than $50 billion a year in food and operational costs and $20 billion a year in artifice losses
“Yooz anxiously evaluated agenda payments providers as abeyant cardinal partners, and the affidavit why SnapCheck is a baton in the agenda payments industry anon became clear,” Yooz North America’s arch operating administrator and arch accession officer, Laurent Charpentier, said in a Tuesday columnist release. “Many businesses still adopt to pay vendors and suppliers by check, and our accumulated band-aid will flawlessly automate and digitize from end-to-end what acclimated to be a actual chiral and time-consuming process.”
The companies appraisal the affiliation will advice companies abate the amount per balance from an boilerplate of $16 to an boilerplate of $3.
“It’s a abundant befalling to accomplice with Yooz to advice businesses improve their accounts payable processes,” SnapCheck CEO Ken Kruszka said in the release. “Through the aggregate of Yooz’s balance administration automation belvedere and SnapCheck’s burning agenda analysis payments, businesses can accomplish an absolutely paper-free aback office.”
In accession to its Dallas headquarters, Yooz additionally has offices in France and the U.K.
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