Received and PayEm Introduce First-in-Market B2B Partnership Commission Solution

Itamar Jobani, CEO of PayEm and Roi Ben Daniel, CEO of Received

NEW YORK, April 3, 2024 (VSNewsNetwork.com) - Received and PayEm have announced the launch of a novel commission solution aimed at enhancing B2B partnership management. This collaboration combines Received's billing and revenue management capabilities with PayEm's expertise in procurement and accounts payable, addressing the need for more efficient partner distribution channels in a competitive technology landscape.

The solution is designed to tackle the operational challenges and payment delays arising from the increasing complexity of partnership agreements. It aims to provide businesses with the tools needed to automate contract management, pricing, and commission payments, thereby improving operational efficiency and partner relationships.

Roi Ben Daniel, CEO of Received, highlighted the significance of automation in partnership management, stating, “Partnerships can significantly enhance growth. However, when contracts and trigger events are not automated, it hinders growth. An overhead of manual reconciliation can cause revenue leakage and even kill partnerships. The goal of our collaboration with PayEm is to enable Partnerships to live to their fullest potential.”

Echoing the importance of this collaboration, Itamar Jobani, CEO of PayEm, remarked, “In today's fast-paced and interconnected business environment, the ability to streamline and automate partnership management processes is not just a convenience—it's a necessity. Our collaboration with Received is a testament to our commitment to innovation and efficiency. By combining our strengths, we're not just simplifying operations; we're unlocking new opportunities for growth and partnership success.”

The partnership commission solution offers features such as customizable partner contracts, automated commission payouts, and centralized tracking and analysis of partnership data. It also supports global payments in over 145 currencies to more than 200 countries, facilitating a comprehensive approach to modern partnership management.

According to the companies, this initiative marks a significant advancement in the field of B2B partnership management, promising to streamline operations and foster growth through improved collaboration and efficiency.

For further details on the Received Partner Management solution or to explore the full Received platform, visit www.received.ai. Information about PayEm's services can be found at www.payem.co.

Source: Received via Newswire