SnapPay is a cloud-based, enterprise payment solution designed to streamline accounts receivable and accounts payable processes for mid-sized and large businesses. By integrating seamlessly with enterprise resource planning systems like SAP S/4HANA and Oracle ERP Cloud, SnapPay automates payment collections, accelerates order-to-cash cycles, and reduces IT and accounting costs. Key Features and Functionality: - Seamless ERP Integration: SnapPay offers process-level integration with leading ERP systems, ensuring efficient transactions and a shorter time to market. - Electronic Invoice Presentment and Payment : The platform includes an EIPP portal that digitizes invoicing, making AR processes touchless and accelerating cash collection. - Comprehensive Payment Acceptance: SnapPay supports various payment methods, including credit cards, Automated Clearing House , and other digital payment options, catering to diverse customer preferences. - Advanced Security Measures: The solution provides end-to-end protection, safeguarding sensitive financial data and ensuring compliance with industry standards. - Analytics and Reporting: SnapPay offers robust analytics and reporting tools, providing businesses with valuable insights into their financial operations. Primary Value and Problem Solved: SnapPay addresses the inefficiencies in traditional AR and AP processes by automating and digitizing payment workflows. This transformation leads to faster order-to-cash cycles, reduced days sales outstanding , and minimized AR costs. By integrating with existing ERP systems, SnapPay enhances operational efficiency, improves working capital management, and supports businesses in their digital transformation journey.