Alternative Payments Acquires Delmar Insights for AI

Alternative Payments Acquires Delmar Insights for AI

B2B services-businesses can now get paid faster and intimately track financial and operational data on a granular level

Alternative Payments, the leading financial operating system for B2B services companies, announced that it has acquired Delmar Insights, a data and analytics platform. Alternative Payments will be the first end-to-end platform that pairs best-in-class financial automation workflows with industry-specific intelligence to boost AI-powered automation.

By integrating Delmar Insights’ advanced benchmarking and analytics engine with Alternative Payments’ proven payments automation technology, the combined platform will deliver a new level of real-time AI-driven decision-making.

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With this acquisition, Alternative Payments becomes the only platform to unite payments automation, business intelligence and AI-driven analytics. B2B services companies can now automate payments, while analyzing real-time operational and financial trends, profitability and industry benchmarking.  By combining payments data with operational data, Alternative Payments will provide superior AI-driven workflows to strengthen business and financial operations and ultimately, drive revenue growth and improve operating margins.

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“These AI capabilities are only possible by combining our payment automation expertise with Delmar Insights’ purpose-built intelligence platform,” said Baxter Lanius, Founder and CEO at Alternative Payments. “We’re not just giving businesses better data, we’re giving them AI tools that proactively identify opportunities, anticipate challenges, and enable action before problems arise.”

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“Alternative Payments has redefined how companies automate payments and brought financial innovation to the forefront,” said Danny O’Hanley, Founder and CEO of Delmar Insights. “We’re excited to deliver AI-powered insights to industries long overlooked by fintech and to help shape a future where companies can operate with greater confidence.”

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Source : prnewswire

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