News from the Wire

Clarity Payments debuts automated payment hub

Wednesday, November 20, 2024 — 12:06:02 (EST)

AUSTIN, TX - Clarity Payments, a leader in financial technology solutions, today announced significant enhancements to its Payment Hub platform, addressing critical pain points in the invoicing process for businesses across all sectors. The upgraded solution promises to eliminate manual tasks, reduce errors, and accelerate payment cycles, marking a new era in financial operations efficiency.

The Payment Hub now offers full automation of invoice creation, notification, payment processing, and posting to ERP or accounting software. A standout feature, consolidated payments, allows customers to pay multiple invoices as easily as a single invoice, dramatically improving the user experience and increasing adoption rates.

"Consolidated payments has been our most requested feature," said Ron Halversen, President of Clarity Payments. "Our clients are receiving their payments faster and more consistently since we've made paying multiple invoices for their customers just as easy as paying a single invoice and the fact that it's fully integrated and automated with their accounting software or ERP makes the entire process hands off."

Key benefits of the enhanced Payment Hub include:

- 50% average increase in payment speed over the last three years - Significant reduction in billing-related customer service calls - Seamless integration with existing ERP and accounting software - Improved cash flow management through faster reconciliation - Enhanced customer satisfaction due to simplified payment processes

These improvements address longstanding challenges in B2B and B2C invoicing, where manual processes have traditionally led to delays, errors, and frustration for both businesses and their clients.

Clarity Payments continues to innovate in the fintech space, with the Payment Hub solution reflecting the company's commitment to developing cutting-edge technologies that solve real-world business problems. By streamlining financial operations, Clarity empowers businesses to focus on growth and customer relationships rather than administrative tasks.

For more information about Clarity Payments and the Payment Hub solution, visit www.clarity-ventures.com/payment-hub

About Clarity Ventures:

Clarity Ventures is a leading provider of innovative technology solutions for businesses. With a focus on e-commerce, ERP, and payment processing, Clarity offers a comprehensive suite of products and services designed to streamline operations, increase efficiency, and drive growth. From custom software development to off-the-shelf solutions, Clarity Ventures is committed to delivering high-quality, scalable technology that meets the unique needs of each client.

Ron Halversen

President, Clarity Payments Ron.Halversen@claritymis.com

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Source: Company press release.