Quadient's Accounts Receivable (AR) and Accounts Payable (AP) solutions have attained Tech Partner-Plus status from Sage, meaning the solutions are recommended for Sage Intacct customers and partners seeking to enhance their financial operations.
Sage Intacct users, who are mostly small and medium-sized businesses, can now tap into Quadient’s artificial intelligence (AI) and machine learning capabilities, the company reports. These features allow users to gain insight into their finances, predict payment behaviour accurately, and optimise their order-to-cash and procure-to-pay processes.
This integrated solution not only enables a holistic view of finances but also aids in more accurate payment behaviour forecasting through the use of predictive analytics and intelligent insights. These advantages stem from the combination of AR automation, integrated instant credit checks powered by AI, and AP efficiencies, such as the management of invoices, payments, purchase orders, and expenses via a single platform.
Chip Mahan, Global Head of Fintech, Payments & Banking at Sage, expressed his excitement about the deepening relationship with Quadient. He stated, “At Sage, we aim to provide organisations with innovative solutions that scale with them, and collaborating with Quadient aligns perfectly with this objective.” He further emphasised the significance of the Tech Partner Plus badge, explaining that it signifies innovation, scalability, ease of use and excellent service.
Through the use of AI, Sage Intacct users can predict customer payment behaviour and forecast cashflows, leading to enhanced financial decision-making. The integration of Quadient's AR and AP solutions could result in an 83% reduction in data entry due to optical character recognition capabilities and render invoice approval up to nine times faster.
Geoffrey Godet, CEO at Quadient, commented on the achievement, stating: “Quadient is uniquely positioned to bring the benefits of advanced AP and AR automation solutions to small and mid-sized companies through a flexible subscription model and high service reliability.” He added that this partnership with Sage, and especially the extension of their integration across North America and Europe, would enable finance leaders and their teams to spend more time on strategic work, and advance digitisation, thus enhancing the customer and employee experience.
This integrated AI and machine learning offering from Quadient and Sage provides a promising future for the automation and optimisation of finance teams' operations, reducing mundane tasks, and leaving more room for innovation and strategic planning.
Quadient is focused on supporting meaningful customer experiences. By focusing on three key solution areas, Intelligent Communication Automation, Parcel Locker Solutions and Mail-Related Solutions, Quadient aims to simplify the connection between people and what matters. Quadient supports thousands of customers worldwide to create relevant, personalised connections and achieve customer experience excellence.