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5 {. Z" c: b- h7 R Procurement Partners, which works on procure-to-pay P2P services for healthcare providers, has received an investment from Serent Capital, according to a press release.Serent Capital typically focuses on technology and tech-enabled services companies, and Procurement Partners utilizes an eProcurement platform in order to give customers an automated, end-to-end solution for the full purchase cycle from product selection to vendor payment. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.Rusty Zosel, CEO of Procurement Partners, said the company was delighted for the new relationship with Serent, saying that the firm shares our values, has deep healthcare and technology expe stanley tumblers rience, and supports Procurement Partners with the tools and resources to accelerate our growth while still allowing stanley italia us to deliver best-in-class service to our buyer customers and vendor partners, according to the release. With Serent partnership, we look forward to delivering efficient procurement automation solutions and cost savings to even more customers, he said. Rusty and the Procurement Partners team have built stanley ca a solution that is well-loved and delivers tremendous value to its customers, stated Kevin Frick, co-founder and partner at Serent Capital, according to the release. He continued, We ;re excited to bring our healthcare experience and resources, including our Growth Gxyd A2A Payments Unlock The Value Of Real-Time Data
5 [4 w. x# F: g# y. U Retailers unrest over interchange fees continues to boil in Canada, but a seasoned debit card industry could prove too enticing to resist for MasterCard.The company said this week that as it looks to expand operations beyond US boarders, Canada is likely its next stop for debit cards. The move, which would happen next year, would place MasterCard at a stronger posit stanley website ion against main rival and industry leader Visa within Canada.But whether MasterCards debit card plans will actually launch has yet to be seen. The company tried to enter Canadas debit industry in 2010; this time, payments technol stanley cup ogy innovations 鈥?including digital and mobile payments 鈥?seem to have ripened the industry for a MasterCard entry, experts say. Canadians are not only jumping on the mobile payments bandwagon, but they rely heavily on debit cards: reports say 24 percent of transactions in the nation are made stanley termos with debit cards.The atmosphere is prime for new competition, MasterCard Canada president Betty DeVita says, adding, debit is big business for Canada. It may be so, but merchants within Canada may not be too excited for a new competitor. Retailers are in the midst of fighting what they decry as too-high swipe fees for debit and credit cards. Amid the turmoil and regulatory intervention, MasterCard and rival Visa have both reached agreements with the Canadian government to lower their credit card processing fees; with MasterCard entering the debit industry, a similar mediation may be necessary.Further |
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