Transcard’s SMART Hub Payments Collabs With Sage Intacct

Payments and data technology platform Transcard is integrating its SMART Hub payment portal in collaboration with cloud-based financial management and services firm Sage Intacct.

The SMART Hub payment portal digitizes payment management for businesses and also offers insights into what transpired, according to a press release on Wednesday (June 1). The portal also includes a built-in onboarding module that guides Sage customers through the process of setting up the application.

Integrating SMART Hub with Sage Intacct is intended to streamline the process of making and receiving payments while eliminating complexity. SMART Hub eliminates the need for Sage Intacct customers to set up and pre-fund new bank accounts to make or receive payments, per the release.

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“Transcard and Sage Intacct share a common goal of helping businesses overcome the barriers to frictionless financial processes,” said Melody Williams, Sage’s head of business development for Sage Intacct. “Making and receiving payments has traditionally been a tedious, manual process that only gets worse as a company grows — especially when paper checks are involved.

“The integration of Transcard’s SMART Hub with Sage Intacct offers our customers a new option for streamlining their operations, eliminating complexity, and improving visibility.”

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SMART Hub supports payments of any type — including ACH, RTP, virtual card and Mastercard Send — and enables users to initiate or schedule single or mass payments to suppliers and individuals, per the release. 

Using any payment rail, including real-time rails, SMART Hub also enables users to electronically invite suppliers and individuals to choose their preferred payment type and securely provide bank account details. 

Real-time information is supplied to users via dashboard displays that show ready-to-pay, in-process and completed payments. Information logs are also attached to each invoice to provide traceability of payments.