Quadient Launches Automated Accounts Receivable Solution YayPay in France
10 Maggio 2022 - 5:45PM
Quadient Launches Automated Accounts Receivable Solution YayPay in
France
Quadient
Launches
Automated
Accounts
Receivable
Solution YayPay
in France
Paris, May 10, 2022
Quadient (Euronext Paris: QDT), a leader in
helping businesses create meaningful customer connections through
digital and physical channels, announced today the launch in France
of YayPay by Quadient, a cloud-based intelligent accounts
receivable (AR) solution that automates the entire AR process from
credit to cash application. The YayPay expansion comes on the heels
of the launch earlier this year of Quadient’s accounts payable (AP)
automation solution, Beanworks, in France and the United Kingdom,
as well as last month’s launch of Impress Distribute, its
cloud-based omnichannel document distribution solution, in
Germany.
Powered by artificial intelligence and machine
learning, YayPay’s predictive analytics engine provides insights on
payer behavior and their impact on cash flow, with the use of
dynamic dashboards and process automation that help to reduce
outstanding receivables and day sales outstanding (DSO) for
companies. Acquired in 2020, YayPay is part of Quadient’s
best-of-breed and cloud-based Intelligent Communication Automation
(ICA) platform, which is bringing together customer communications
management, financial automation, customer journey mapping and
document automation. In 2021, Quadient software activities
represented revenues of more than €200 million.
“As part of our Back to Growth strategy, we
continue to invest in our ICA SaaS solutions, and I am delighted we
are launching the YayPay solution in France,” said Geoffrey Godet,
CEO, Quadient. “This is another significant step in the development
of our international footprint in cloud-based financial and
communication automation solutions. With YayPay and our other ICA
solutions, we are supporting our customers and ready to help all
businesses in a strong regulatory environment that is accelerating
their digital transformation.”
In a survey of French businesses conducted by
OpinionWay in June 2021 for Quadient, 26% of respondents indicated
the management of disputes and outstanding invoices is the most
time-consuming task for their teams in the billing-to-payment
process. The survey also found that 32% of companies surveyed were
performing these tasks manually. YayPay simplifies debt collection
to not only free up resources but also to improve cash flow,
eliminate errors and strengthen customer and employee
relationships.
“With the 2024 dematerialization law, new
electronic invoicing and data transmission requirements will apply
to business-to-business transactions. By offering YayPay and
Quadient Impress together, Quadient is perfectly positioned to
support companies in meeting these requirements with simplicity and
efficiency,” said Benoit Berson, COO of Quadient France and
Benelux.
Since its integration into the Quadient
portfolio, YayPay has continued to grow, now with more than 3,000
users worldwide. In 2020, one-third of YayPay clients also used
Quadient’s mail-related solutions. In 2021, two-thirds of new
customers of Quadient’s ICA business had already been using the
company’s mail-related solutions, underscoring the strong
complementary relationship of the two offerings.
About Quadient®
Quadient is the driving force behind the world’s
most meaningful customer experiences. By focusing on three key
solution areas, Intelligent Communication Automation, Parcel Locker
Solutions and Mail-Related Solutions, Quadient helps simplify the
connection between people and what matters. Quadient supports
hundreds of thousands of customers worldwide in their quest to
create relevant, personalized connections and achieve customer
experience excellence. Quadient is listed in compartment B of
Euronext Paris (QDT) and is part of the CAC® Mid & Small and
EnterNext® Tech 40 indices.
For more information about Quadient, visit www.quadient.com.
Contacts
Joe
Scolaro, Quadient
|
|
Sandy
Armstrong, Sterling Kilgore |
Global Press
Relations Manager |
|
Director of Media
& Communications |
+1
203-301-3673 |
|
+1-630-964-8500 |
j.scolaro@quadient.com |
|
sarmstrong@sterlingkilgore.com |
- PR_Quadient YayPay France Launch_EN_final
Grafico Azioni QUADIENT (EU:QDT)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni QUADIENT (EU:QDT)
Storico
Da Apr 2023 a Apr 2024