As a result of this deployment, users of QuickBooks, NetSuite, FreshBooks, Raiser’s Edge NXT and other software packages can integrate them with linked2pay’s payments processing automation with just a few clicks, according to a Thursday (Sept. 1) press release.
“We completed the heavy lifting in our initial project with Workato so that our clients can set up their real-time data exchange with supported accounting and operating systems in just a few clicks,” linked2pay Chief Operating Officer Kyle Taylor said in the release. “The resulting integration will provide automation to improve their back office and accelerate cash flow.”
The linked2pay solution orchestrates card, automated clearing house (ACH) and check processing, and helps users manage their payments processing and risk management, according to the press release.
Workato helps customers seamlessly connect to systems and data, per the release.
“We’re excited about this partnership with linked2pay in providing their customers with access to critical operational and accounting systems while also expanding the payment options for their customers,” Workato Vice President of Product Initiatives Will Davis said in the release.
Advertisement: Scroll to Continue
As PYMNTS reported Aug. 4, payments orchestration systems are critical tools for preventing payment declines and improving the customer experience.
Read more: PYMNTS Intelligence: Leveraging Payments Orchestration to Enhance Success Rates
This technology helps financial institutions and merchants integrate new payment methods and different payment gateways in a seamless and customer-friendly way, completely automating the link between payment methods and payment gateways and letting them route traffic to specific payment providers, which can boost authorization rates by up to 5%, according to the “Payments Orchestration Playbook,” a PYMNTS and Spreedly collaboration.
For all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.
