back Back

BigTime Software & BlueSnap team to enhance online payments in Canada

By Delisha Fernandes

September 18, 2023

  • accounts receivable
  • B2B businesses
  • B2C businesses
Share

BlueSnap, B2B businesses, BigTime Software, B2C businesses, online payment, financial management, accounts receivable, cash flow, Debit payment option, FinTech news, FinTech Canada, FinTech USBlueSnap, a payment orchestration platform of choice for B2B and B2C businesses, has partnered with BigTime Software, an operating platform for professional services organisations.

Powered by BlueSnap’s payment processing technology, BigTime will extend the availability of BigTime Wallet, its payments solution, to small and mid-sized professional services organizations in Canada seeking optimized financial management, streamlined accounts receivable (AR) processes, and efficient online payment capabilities to enhance cash flow and client interactions.

“Even though paper-based checks slow payment and AR processes and present a range of hidden costs and security risks, they continue to be the primary form of payment used by Canada’s professional services companies today,” said Ralph Dangelmaier, CEO at BlueSnap. “By enabling the availability of BigTime Wallet in Canada through this partnership, we’re helping BigTime meet the demands of clients in need of modernized, online payment and financial management capabilities.”

BigTime Software provides time tracking, billing, and project management software to empower professional services organizations with enhanced operational efficiency. Canadian organisations that adopt BigTime Wallet will be able to leverage BlueSnap technology to process payments via their customers’ preferred method, resulting in an improved invoice and billing experience for their clients and an increase in time to revenue.

“Simplifying the payment process to expedite cash flow is a shared priority among professional service firms,” said Mark Johnson, Chief Product Officer at BigTime. “Our partnership with BlueSnap now extends this service to Canada, offering fully integrated payments, invoicing, and accounting reconciliation for our customers in that market.”

In addition to the existing features available to all BigTime Wallet customers, Canadian organisations will also have access to exclusive benefits such as a Pre-Authorized Debit payment option, which eliminates payment size limits, reduces the likelihood of payment failures, and contributes to a decrease in Days Sales Outstanding (DSO), enhancing financial management and cash flow.

Previous Article

September 18, 2023

Alberta Investment Management Corporation expands presence in Singapore

Read More
Next Article

September 18, 2023

NEC APAC & TASConnect to offer working capital management solutions to SMEs

Read More









IBSi Daily News Analysis

Middle East, Egypt

January 16, 2024

accounts receivable

Egypt among top remittance recipient countries in 2023: World Bank

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Revolut teams with Jabil to scale development of mobile payment solutions

Read More

Today

Worldline partners with Google to enhance cloud-based innovation

Read More

Today

Tiqmo partners with Mastercard to issue prepaid cards in Saudi Arabia

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023