cieTrade, a leading provider of business management software for commodity traders, pulp, paper and recycling companies, is pleased to announce integration with Stripe, a payment processing and revenue management platform. With this new option, cieTrade clients can instantly receive payments from customers by credit card or ACH remittance from Stripe’s secure payment portal while fully automating the accounts receivable posting process within cieTrade. This new function is currently available for the cieTrade.net cloud platform, but is expected to be introduced for the cieTrade Windows Desktop in the third quarter.
Financial Technology Insights: BoomFi & Paytiko Partner to Enable Global Crypto Payments
This integration helps accelerate cash flow and improve accuracy by completely eliminating the need to match invoices and manually post cash receipts, all while providing customers with flexibility to make secure online payments.
Financial Technology Insights: Frontier Wave Unveils QuantFrame AI Led by Silas Wainwright
To activate the integration, clients must first establish their own Stripe account. cieTrade’s integration service is offered free of charge; however, payment transactions are subject to fees charged by Stripe. As payments are received from customers through the Stripe portal, they are automatically made available in cieTrade and can be easily applied against multiple invoices, clearing receivable balances and posting cash to accounting in one seamless operation.
Financial Technology Insights: Kraken & Backed Launch xStocks on Solana for Tokenized Equity
According to David Haber, founder and principal at cieTrade:
“Our new integration with Stripe is a significant step forward towards meeting the increased automation demands of our clients. The integration process helps accelerate cash flow and improve accuracy by completely eliminating the need to match invoices and manually post cash receipts, all while providing customers with flexibility to make secure online payments. It’s the first of several new productivity initiatives we will introduce in the coming months to help cieTrade subscribers maximize value from using our platform.”
To share your insights with the FinTech Newsroom, please write to us at sudipto@intentamplify.com
Source: businesswire
