In a bold move set to reshape the SAP environment, Canada’s fintech titan, Nuvei Corporation, is partnering with CNBS Software, a key player in providing enterprise-level eCommerce and Accounts Receivable solutions. This alliance is poised to elevate the payment processing landscape for businesses that operate on SAP ECC and SAP S/4HANA systems, promising a harmonious integration of strengthened security, a myriad of payment options, and seamless connectivity.
Founded in 2009, CNBS Software has made a significant impact in the enterprise world, providing SAP ERP solutions that break new ground. The company has consistently delivered innovation in the eCommerce and Accounts Receivable domains, with WECO eCommerce and ePay AR leading the charge. Situated in Cincinnati, Ohio, CNBS skillfully unifies traditional SAP expertise with cutting-edge design and delivery methodologies such as Design Thinking and Agile Engineering, to cater to an increasingly digital business environment.
Simultaneously, Nuvei has cemented its status as a global change-maker in the fintech industry. Its modular and scalable technology opens new doors for businesses to adopt novel payment solutions, providing access to a suite of services that span risk and fraud management, banking, and card issuing. Nuvei’s international reach, extending to over 200 markets and offering more than 600 alternative payment methods, equips its clients with the tools and insights necessary to thrive on a global scale.
Revolutionizing Payment Solutions in the SAP Environment
The strategic alliance between CNBS Software and Nuvei empowers CNBS to offer its clients a payment solution that integrates smoothly and effectively with their existing SAP ecosystems. Nuvei’s leading-edge payment solutions, which encompass card acquiring and ACH online bank transfers, equip businesses utilizing SAP with a payment platform that’s as advanced as it is robust and secure. Furthermore, the partnership facilitates CNBS to draw from Nuvei’s rich history and comprehensive expertise in servicing ERP payment customers, driving growth and innovation.
As part of their commitment to streamlining payment workflows, CNBS has harnessed Nuvei’s enhanced payment services to ensure improved efficiency and exactness in every transaction. The extensive selection of payment methods provided by Nuvei affords CNBS the flexibility to cater to the varied needs of its global clientele. Nuvei’s offering, including a suite of alternative payment methods, paves the way for businesses to expand revenue, foster growth, and even contemplate future payout possibilities. Additionally, Nuvei’s robust security architecture significantly strengthens data protection and fraud prevention measures, thereby safeguarding the integrity of transactions carried out through CNBS software.
Nuvei and CNBS Deliver Enhanced User Experience and Operational Efficiency
CNBS Software’s CEO, Ravi Manchala, has voiced enthusiasm about the collaboration, indicating that it will greatly enrich their customers’ experiences with their payment solutions, providing superior user experience across their platform. He added:
“Nuvei has a deep knowledge and experience in integrated ERP & B2B payments, and we feel that our collaboration will bring vast enhancements to our services.”
CNBS, known for its excellence in AR automation and invoice management solutions, serves a vast spectrum of industries, including manufacturing, distribution, and services sectors. Their signature offering, ePay, offers SAP users worldwide with exhaustive invoice management capabilities, a critical factor in streamlining workflows and amplifying operational efficiency.
Nuvei’s top executive, Phil Fayer, further emphasized the collaboration’s potential benefits. He stated that the fusion of Nuvei’s seasoned experience in ERP and B2B payments and CNBS’s deep-rooted expertise in the SAP domain would deliver an unparalleled experience for CNBS’s global customers. The joint initiative strives to refine payment processing within the SAP ecosystem, bolstering businesses with more robust capabilities and greater convenience. This will invariably foster revenue growth and enhance operational efficiency. Nuvei also eagerly anticipates joining the SAP community officially and leverages its expansive knowledge and experience to optimize CNBS’ functionalities across the globe.
SAP’s history also demonstrates a commitment to fostering strategic partnerships with companies such as CNBS and Nuvei. These alliances have played a pivotal role in bolstering the SAP environment, amalgamating the strengths of different sectors to deliver comprehensive, multifaceted business solutions. Such collaborations have expanded SAP’s capabilities while concurrently driving the growth of its partners. With the continued evolution of the SAP environment, one can expect more of these innovative alliances, further shaping the future landscape of enterprise solutions.
