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Alternative Payments buys data and analytics platform Delmar Insights
Yahoo Financeยท 2025-11-05 10:13
Core Insights - Alternative Payments has acquired Delmar Insights to enhance its payment automation solutions with AI-driven analytics [1][2] - The integration aims to provide a comprehensive platform that combines AI-powered analytics, payment automation, and business intelligence [1][3] Company Strategy - The merger will allow Alternative Payments to support B2B service providers by automating payment functions and providing insights into operational and financial patterns [2][3] - The company emphasizes the importance of linking payment data with other business data to improve workflows and financial performance [3][4] Product Features - The new system will offer AI tools that proactively identify opportunities and challenges, enabling businesses to take action before issues arise [4][5] - The platform integrates with ERP and accounting systems, automating processes such as invoice generation, reconciliation, and payment tracking [5] Customer Benefits - Customers of Alternative Payments typically experience faster payment cycles, with reductions of 40-50% on average, and a minimized manual workload for finance departments [6]