Latest news with #Sage100Contractor
Yahoo
06-05-2025
- Business
- Yahoo
Nuvei enhances B2B payments capabilities for the high-growth construction vertical
Expanded integration with Sage Intacct CRE streamlines complex B2B payment workflows and unlocks new revenue potential in $1.5 trillion construction industry MONTREAL, May 6, 2025 /CNW/ -- Nuvei, the global payments accelerating business, today announced the strategic expansion of its B2B payments capabilities for the U.S. construction sector – a high-growth vertical projected to reach $1.54 trillion by 2028.¹ The move reinforces Nuvei's vertical market strategy, enabling the company to deepen its footprint in construction by embedding payments into the software platforms most critical to industry operations. Nuvei logo (PRNewsfoto/Nuvei) This expansion includes new integration support for Sage Intacct Construction Real Estate (CRE), enhancing Nuvei's existing support for Sage 100 Contractor and Sage 300 CRE. The move reinforces Nuvei's vertical market strategy, enabling the company to deepen its footprint in construction by embedding payments into the software platforms most critical to industry operations. Construction businesses leveraging this new integration can improve cash flow and reduce administrative friction, with: Real-time payment processing Automated invoicing Seamless reconciliation Surcharging capabilities to recover credit card processing costs and improve profitability without increasing prices These capabilities are designed to address the unique payment complexities of the construction industry, including multi-tiered subcontractor relationships, lien waiver compliance, tax workflows, and project-based billing cycles, which have traditionally resulted in delayed payments, manual processes, and strained cash flow. The U.S. construction market is expected to grow at a 5.0% CAGR from 2024 to 2028¹, with digital payment adoption among contractors, subcontractors, and suppliers accelerating amid ongoing digitization of project finance operations. Nuvei is uniquely positioned to address these industry-specific challenges with its specialized payment solutions that eliminate manual work, improve operational efficiency, and accelerate cash flow – critical factors for success in the construction sector. Its platform is backed by expert consulting and support teams with decades of industry experience, ensuring clients receive both technological and practical expertise. Philip Fayer, Nuvei Chair and CEO, commented on the announcement: "The construction industry has historically been underserved when it comes to payment technology. With our latest integration into Sage Intacct CRE, we're enabling thousands of firms to reduce complexity and accelerate cash flow. This is a prime example of Nuvei's strategy to create value by aligning deep vertical expertise with embedded payments infrastructure."
Cision Canada
06-05-2025
- Business
- Cision Canada
Nuvei enhances B2B payments capabilities for the high-growth construction vertical
Expanded integration with Sage Intacct CRE streamlines complex B2B payment workflows and unlocks new revenue potential in $1.5 trillion construction industry MONTREAL, May 6, 2025 /CNW/ -- Nuvei, the global payments accelerating business, today announced the strategic expansion of its B2B payments capabilities for the U.S. construction sector – a high-growth vertical projected to reach $1.54 trillion by 2028.¹ The move reinforces Nuvei's vertical market strategy, enabling the company to deepen its footprint in construction by embedding payments into the software platforms most critical to industry operations. This expansion includes new integration support for Sage Intacct Construction Real Estate (CRE), enhancing Nuvei's existing support for Sage 100 Contractor and Sage 300 CRE. The move reinforces Nuvei's vertical market strategy, enabling the company to deepen its footprint in construction by embedding payments into the software platforms most critical to industry operations. Construction businesses leveraging this new integration can improve cash flow and reduce administrative friction, with: Real-time payment processing Automated invoicing Seamless reconciliation Surcharging capabilities to recover credit card processing costs and improve profitability without increasing prices These capabilities are designed to address the unique payment complexities of the construction industry, including multi-tiered subcontractor relationships, lien waiver compliance, tax workflows, and project-based billing cycles, which have traditionally resulted in delayed payments, manual processes, and strained cash flow. The U.S. construction market is expected to grow at a 5.0% CAGR from 2024 to 2028¹, with digital payment adoption among contractors, subcontractors, and suppliers accelerating amid ongoing digitization of project finance operations. Nuvei is uniquely positioned to address these industry-specific challenges with its specialized payment solutions that eliminate manual work, improve operational efficiency, and accelerate cash flow – critical factors for success in the construction sector. Its platform is backed by expert consulting and support teams with decades of industry experience, ensuring clients receive both technological and practical expertise. Philip Fayer, Nuvei Chair and CEO, commented on the announcement: "The construction industry has historically been underserved when it comes to payment technology. With our latest integration into Sage Intacct CRE, we're enabling thousands of firms to reduce complexity and accelerate cash flow. This is a prime example of Nuvei's strategy to create value by aligning deep vertical expertise with embedded payments infrastructure." Nuvei is the Canadian fintech company accelerating the business of clients around the world. Nuvei's modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 50 markets, 150 currencies and 720 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration. Contact: Public Relations
Associated Press
26-02-2025
- Business
- Associated Press
Inspect Point Teams Up Ei Dynamics to Launch Sage 100 Contractor Integration
Inspect Point has partnered with Ei Dynamics to launch Sage 100 Contractor integration to help fire protection contractors streamline their business processes. 'This collaboration not only enhances our platform's capabilities but also empowers contractors to manage their inspections and finances more effectively.' — Padraic Doyle, CEO of Inspect Point TROY, NY, UNITED STATES, February 26, 2025 / / -- Inspect Point, a leading provider of cloud-based inspection software tailored for fire protection professionals, is excited to announce its integration with Sage 100 Contractor, an enterprise resource planning (ERP) software solution designed for mid-market fire protection companies. Delivered in partnership with Ei Dynamics, this strategic integration aims to streamline financial and operational processes for contractors to help them leverage their data for improved decision-making with bi-directional syncing between platforms. Sage 100 Contractor is part of the Sage family of products designed to help organizations manage various business functions from one platform, including accounting, inventory management, customer relationship management, and payroll. The integration between Inspect Point and Sage 100 Contractor enables users to sync inspection data seamlessly with their accounting systems, improving efficiency and accuracy in managing financial information. Contractors can now automate invoicing, track job costs, and access real-time financial reporting without the hassle of manual data entry. This ensures that businesses can focus more on their core operations while enhancing their overall productivity. Users of the integration can easily generate invoices based on inspection data collected in the field, ensuring that all relevant information is accurately reflected in their financial records. Additionally, the partnership supports better project management by allowing contractors to monitor job costs and profitability in real-time. 'We are thrilled to partner with Ei Dynamics to provide our customers with even more streamlined workflows through our integration with Sage 100 Contractor,' said Padraic Doyle, CEO of Inspect Point. 'This collaboration not only enhances our platform's capabilities but also empowers contractors to manage their inspections and finances more effectively.' 'As a company who specializes in integrating cloud-based construction solutions with the Sage family of construction accounting software, we are excited about this new partnership and the opportunity to help InspectPoint expand its reach to the Sage 100 Contractor customer base,' said Robert Virga, President of Ei Dynamics. As the fire protection industry continues to evolve, Inspect Point remains committed to providing innovative solutions that address the unique challenges faced by contractors. The integration with Sage 100 Contractor represents a significant step forward in achieving this goal and is the first of several upcoming integrations with Sage family products, enhancing our ability to support contractors even further. For more information about the integration and how it can benefit your business, please click here: About Sage 100 Contractor Sage 100 Contractor is a comprehensive ERP solution designed specifically for the construction and contracting industry. It provides a suite of tools to help businesses manage their projects, finances, and operations effectively. Key features include project management, job costing, contract management, payroll processing, and financial reporting. About Ei Dynamics Ei Dynamics is a Business Process Management (BPM) platform that automates workflow processes and facilitates seamless data integration between applications. It streamlines operations by reducing manual tasks, improving efficiency, and minimizing errors. With tools for modeling and monitoring processes, organizations can visualize workflows and identify bottlenecks. Chadwick Macferran Inspect Point +1 855-631-2576 X Instagram TikTok Legal Disclaimer:
