Scrypt, the next level payables automation provider, announced its partnership with Railz, the only Accounting Data-as-a-Service API that connects, normalizes, and provides analytics on financial and accounting data on small- and medium-sized businesses. By using the Railz API, Scrypt will be able to access its customer’s accounting data much quicker without the need for full integration into commercial customers’ accounting systems or ERPs.
Scrypt also recently launched its integrated payables and receivables platform enabling businesses to take their existing AP and AR processes to the next level with truly touchless AI data capture technology.
“For companies with limited accounting or IT resources, it could mean valuable savings on one-time, upfront implementation fees,” says Andy Vidan, Scrypt CEO and Co-Founder. “This real-time access to accounting data without the need to manually update new and existing records, vendor/supplier data, and other information allows companies who are contemplating Scrypt’s Integrated Payables and Receivables platform easier entry into our next level automation.”
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This partnership offers businesses benefits such as:
- The ability to get up and running in less than a day
- Real-time data collection
- Full automatic accounting and reconciliation of accounts
“Our partnership with Scrypt’s platform and Railz’s Accounting Data-as-a-Service API enables businesses to automate a formerly manual process. With the Railz and Scrypt integration, businesses can automate invoicing, as well as push and pull invoicing records to reduce time spent on manual invoicing,” says Railz’s Co-founder and CEO, Sohaib Zahid.
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