Payink Expands in Latin America

August 9, 2021
Alexandra Gimenez

Fast-growing Fintech Payink Expands in Latin America

Baker Tilly International, Top 10 global accountancy firm, becomes a marquee client

London, United Kingdom, August 09th, 2021 Payink, a fast-growing B2Bpayments and receivables provider to professional services firms, has successfully expanded its operations across Latin America, and has added Baker Tilly International amongst its growing set of professional services clients.

“We now operate across 13 Latin American markets, and I am excited about the new phase of growth and what it means for professional services clients in the region”, said Branislav Trajkovski, CEO of Payink.

The Latin American professional services market is on the cross-roads of interesting trends, and Payink is well positioned to be at the center of these trends, as it strives to deliver benefits for professional services firms and their clients in the region.

“We are seeing some very interesting trends across professional services in Latam, with ERP cloud migration being a priority for professional services firms in the region. Firms are internationalizing beyond their home markets and are diversifying their operations, for example, through the launch of their own tech-led offerings. Payink is extremely well positioned to be at the core of these trends in Latam – integrating with regional ERPs / practice management systems like Lemontech, Siigo, Cognos, Nodum, Finnegans, Totvs, in addition to international platforms like SAP and Oracle Netsuite. Via Payink, Latam-based professional services firms can now automate their invoicing straight from their ERP, enable 1-click invoice payments from their Latam clients across 13 different markets, reconcile payments to invoices and manage their receivables via actionable analytics and customizable reminders. All client communication is done in Spanish, Portuguese or English. Firms benefit from improved collection rates, increased revenues and enhanced client relationships”, added Alejandra Gimenez, Payink’s VP Finance and Growth, who is Uruguay qualified Public Accountant and KPMG auditor.

 

Payink has also been expanding its partner ecosystem in the region, and has added Baker Tilly International, a top 10 global accountancy firm, as a marquee client in the region.

 

“Payink has been a very helpful tool for Baker Tilly’s finance and administration team. Through Payink’s solution, we can send invoices out to our clients in an automated way – directly from our existing ERP. Our international clients across Latin America use the 1-click payment provided by Payink to pay our invoices in their local currency and via local payment methods, such as Boleto in Brazil or Pago Effectivo in Peru, in addition to more traditional payment methods like bank transfers or cards. We receive the funds in USD in our account, reconciled to invoices. We like the receivables analytics and automated reminders features that form part of Payink’s solution. Above all, Payink’s team is very professional, friendly and open to new suggestions, and we have been enjoying the collaboration”, said Adriana Socca and Viviana Vidal of Baker Tilly International.

 

About Payink

Payink is 360 degrees work-to-cash cloud solution for professional services firms. Professional services firms like accountancy practices, lawfirms, consultancy businesses and trade professionals use Payink to automate their invoicing, enable 1-clickpayments for the clients, reconcile invoices and manage their receivables. Payink serves professional services clients in Europe, the US and across Latam. Payink’s secure cloud solution is integrated with market-leading ERPs / practice management systems and puts compliance, security and client user experience at its core.