Case Study - Online Payment Provider

Online Payment Processing Provider

Payza customers include individuals who transfer money to each other and merchants that use Payza to accept payments and manage their businesses.

Payza is a rapidly growing e-wallet platform, especially in developing countries, with business units in seven nations. In 2012, Payza doubled its revenues and its size, growing to 188 employees.

Payza chose Acumatica over Quickbooks and Microsoft Dynamics GP as the top accounting solution.

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The Acumatica solution gave them:

  • Financial Management Suite
  • Acumatica Studio
  • Robust reporting
  • Streamlined approvals
  • Simplified recording of tax and GL transactions among business units
  • Integration with Payza’s back-end system
  • Control over licensing costs

They were able to:

  • Reduce payroll processing/approval time by 35%
  • Reduce risk of accounting and timesheet entry errors
  • Simplify inter-company accounting
  • Add more users without additional licensing costs