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Nuvei integrates ERP payments & AR Automation into Microsoft Dynamics 365

By Delisha Fernandes

January 31, 2024

  • ERP payments
  • FinTech
  • FinTech US
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Nuvei

Nuvei, a Canada-based FinTech company, has launched its first integration into Microsoft Dynamics 365 Business Central, an Enterprise Resource Planning (ERP) solution for small and medium-sized organizations.

Businesses across the globe can now seamlessly integrate all relevant payment methods, including card payments and instant bank transfers (including ACH transactions in the U.S.), and disbursement services into their business operations through their existing Dynamics 365 Business Central module.

Nuvei Chair and CEO Philip Fayer said, “Our mission is to enable our customers to accelerate their growth through better engagement with their customers. Our technology and expertise of B2B payments and ERP systems enable us to equip businesses with payments through their integrated commerce platform to reach their customers, improve working capital, and drive internal efficiencies.”

Nuvei’s deep knowledge of embedded ERP payments and accounts receivable (AR) automation software removes friction around accounting workflows, back-office reconciliation, and streamlining performance for finance departments of Business Central customers in verticals such as manufacturing, distribution, wholesale, and construction.

Nuvei’s robust integration and proprietary technology include invoice matching and proprietary cash acceleration tools, which can be leveraged to enable shorter DSO (Days Sales Outstanding) or receivables cycles. Businesses can also access near-real-time payment information, enabling them to reconcile financial information across systems with greater efficiency which enables faster, more informed decision-making.

“Payments, including AR automation, is a critical component of the user experience for ERP. We’re thrilled that Nuvei has integrated their payment platform with Microsoft Dynamics 365 Business Central, enhancing our offering for our customers,” said Mike Morton, Vice President, Dynamics 365 Business Central at Microsoft.

Integrating Nuvei to Dynamics 365 Business Central is the latest stage in the rollout of the global payments collaboration with Microsoft  announced last month. Nuvei will continue to explore ways to work collaboratively with Microsoft across geographies and use cases through this partnership.

 

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