BigTime Software & BlueSnap team to enhance online payments in Canada
By Delisha Fernandes
BlueSnap, 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.
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January 16, 2024
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