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INDUSTRY SPOTLIGHT: Paymerang’s Revolutionary Work in Senior Living Accounts Payable Results in Substantial Growth
Dec 13, 2022, 13:30 PM
by
Natalie MacDonald
Before Paymerang’s expansion in the long-term care space, Accounts Payable (AP) Automation was nonexistent. Paymerang quickly recognized the need for finance automation within the industry, achieved product-market fit, and grew its customer base by providing users with a streamlined AP automation platform. Since then, Paymerang has experienced an 803% increase in dollars processed for senior living clients, a 782% increase in the number of vendors paid by these clients, and an 810% increase in the number of payments processed by them.
Before Paymerang’s expansion in the long-term care space, Accounts Payable (AP) Automation was nonexistent. Paymerang quickly recognized the need for finance automation within the industry, achieved product-market fit, and grew its customer base by providing users with a streamlined AP automation platform. Since then, Paymerang has experienced an 803% increase in dollars processed for senior living clients, a 782% increase in the number of vendors paid by these clients, and an 810% increase in the number of payments processed by them.