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REPAY HOLDINGS CORPORATION

(RPAY)
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REPAY : Expands Acumatica Functionality to Offer Accounts Payable Automation

07/13/2021 | 08:31am EDT

Vendor Payments Automation streamlines vendor payments and enables businesses to optimize workflows and simplify invoice payments

Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced the launch of its Vendor Payments Automation solution into Acumatica, a leading cloud ERP company, enabling small and midmarket organizations to streamline accounts payable processes, optimize internal workflows and securely pay vendors and suppliers.

Extending REPAY’s integration to include vendor payments automation will give Acumatica users access to a comprehensive vendor enablement solution with both AR and AP payment automation capabilities. Through streamlining outbound payments, businesses can seamlessly pay vendors with increased efficiency and transparency while saving time and boosting their bottom lines. Additionally, businesses using the integration can significantly reduce their exposure to fraud risks by customizing various controls and eliminating the need to provide sensitive credit card or bank account information to hundreds of vendors.

“With the expansion of accounts payable solutions to our existing integration with Acumatica, we continue our commitment to making transactions simpler for our customers, all while reducing costs and increasing revenue,” said Darin Horrocks, SVP, B2B, REPAY. “We’re looking forward to continuing to build our relationship with the Acumatica team as a sponsor of their annual Acumatica Summit.”

The Vendor Payments Automation solution supports creation and approval of payment groups and invoicing, along with automatic reconciliation and custom reporting within Acumatica.

REPAY is a premier sponsor of Acumatica Summit 2021 and will showcase its integrated AR and AP automation solutions at the event in Las Vegas, Nev. on July 18-23, 2021.

About REPAY
REPAY provides integrated payment processing solutions to verticals that have specific transaction processing needs. REPAY’s proprietary, integrated payment technology platform reduces the complexity of electronic payments for merchants, while enhancing the overall experience for consumers and businesses.


ę Business Wire 2021
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Financials (USD)
Sales 2021 219 M - -
Net income 2021 -37,0 M - -
Net Debt 2021 - - -
P/E ratio 2021 -63,9x
Yield 2021 -
Capitalization 2 123 M 2 123 M -
Capi. / Sales 2021 9,68x
Capi. / Sales 2022 7,52x
Nbr of Employees 354
Free-Float 86,4%
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Technical analysis trends REPAY HOLDINGS CORPORATION
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Mean consensus BUY
Number of Analysts 11
Last Close Price 24,06 $
Average target price 29,90 $
Spread / Average Target 24,3%
EPS Revisions
Managers and Directors
John Morris Chief Executive Officer & Director
Shaler V. Alias President & Director
Timothy Murphy Chief Financial Officer
Peter J. Kight Chairman
Jason Kirk Chief Technology Officer
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