Nuvei Corporation has announced a strategic partnership with Scanco Software, LLC. This collaboration aims to enhance Scanco’s Invoice2Payment (i2PAY) solution and promises to streamline operations and boost financial visibility for businesses across these industries.
Integrating Nuvei’s advanced payment solutions into Scanco’s i2PAY is set to elevate the existing warehouse management capabilities. The new features, including online payment processing, automated deposits, email receipts, and advanced analytics, will significantly enhance Scanco’s customer-managed managed payments. This collaboration ensures businesses can now benefit from seamless Card-Not-Present and ACH processing capabilities directly embedded into their enterprise resource planning (ERP) systems, such as Sage.
“By integrating our advanced B2B payment capabilities with Scanco’s innovative software, we’re enabling businesses to streamline their operations, improve cash flow, and make more informed financial decisions,” stated Philip Fayer, Nuvei Chair and CEO. This partnership aligns with Nuvei’s commitment to deliver a comprehensive suite of payment solutions that facilitate simplified workflows and reduced invoice-to-cash cycles.
Andy Nunez, President & CEO of Scanco, echoed this sentiment, adding, “Partnering with Nuvei allows us to offer our customers a comprehensive payment solution in i2PAY that addresses critical payment needs. Integrating Nuvei’s payment technologies with our mobility solutions will deliver unparalleled efficiency and visibility for businesses operating in warehouse and manufacturing environments.”
This collaboration is a win for Scanco and Nuvei a significant advancement for the wider sector. It supports Scanco’s ambition to create an Autonomous Supply Chain platform that spans eCommerce, Distributed Order Management, Warehouse Management Systems, and Production and Shipping. Furthermore, Nuvei’s global reach will help Scanco achieve its international expansion goals, setting the stage for future growth.
About Scanco
Scanco Software, LLC is a global leader in mobile warehouse, manufacturing, and payment automation solutions, renowned for its exceptional efficiency and visibility, transforming distribution and manufacturing operations worldwide.
About Nuvei
Canadian fintech company Nuvei offers a flexible, scalable technology platform for global business acceleration. It provides comprehensive payment solutions, next-gen acceptance, card issuing, banking, risk, and fraud management services, connecting businesses in over 200 markets for local and global success.
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