Weekly Newsletter

16 June 2023

Weekly Newsletter

16 June 2023

Quadient’s Accounts Payable and Accounts Receivable Cloud Solutions Gain Momentum

Quadient announces Accounts Payable (AP) and Accounts Receivable (AR) cloud solutions are experiencing strong dynamics in 2023, particularly fueled by…

Zoya Malik June 16 2023

Quadient announces Accounts Payable (AP) and Accounts Receivable (AR) cloud solutions are experiencing strong dynamics in 2023, particularly fueled by accelerating go-to-market momentum in the UK.

In the period from February, the start of Quadient’s fiscal year, through end of May, Quadient AP by Beanworks and Quadient AR by YayPay cloud solutions accounted for 27% of all Quadient’s new software customers globally, up from 20% in the same period in 2022. New customers of Quadient’s AR and AP solutions have come from a wide variety of industries—financial services, healthcare, education, hospitality and food and beverage.

The momentum was particularly fueled by great progress in the UK, where approximately 20% of new software customers acquired in the first quarter of fiscal 2023 are for Quadient AP and Quadient AR, compared to 3% in the first quarter of fiscal 2022. Recently onboarded customers in the UK this year include organisations such as Radiant Post, Goldsmiths Student Union, St. Paul’s Cathedral, Gartenart and Huntsman. Combined, new UK customers of 2023 are already processing over 11,000 invoices per month through Quadient’s solutions.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Your corporate email address *
First name *
Last name *
Company name *
Job title *
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close