Alternative Payments buys data and analytics platform Delmar Insights

Published 3 days ago Positive
Alternative Payments buys data and analytics platform Delmar Insights
Auto
Alternative Payments has completed the acquisition of the data and analytics platform, Delmar Insights.

Alternative Payments plans to merge Delmar Insights’ analytics systems with its own payment automation solutions, aiming to offer AI-based real-time decision-making tools.

The company stated that this move positions it as the sole provider to bring together AI-powered analytics, payments automation, and business intelligence within one platform.

Delmar Insights CEO and founder Danny O'Hanley said: "Alternative Payments has redefined how companies automate payments and brought financial innovation to the forefront.

"We're excited to deliver AI-powered insights to industries long overlooked by fintech and to help shape a future where companies can operate with greater confidence."

This newly combined system will support business-to-business (B2B) service providers, allowing them to automate payment functions and gain insight into operational and financial patterns, profitability, and sector benchmarks as they occur.

By linking payment data with other business data, Alternative Payments intends to introduce improved AI-driven workflows, which are expected to bolster business operations and financial performance.

The integration is aimed at supporting revenue growth and increased operating margins.

Alternative Payments CEO and founder Baxter Lanius said: "These AI capabilities are only possible by combining our payment automation expertise with Delmar Insights' purpose-built intelligence platform.

"We're not just giving businesses better data, we're giving them AI tools that proactively identify opportunities, anticipate challenges, and enable action before problems arise."

Alternative Payments noted that its end-to-end platform integrates receivables, payables, payments, as well as embedded financing, offering businesses broader control over their cash flow.

It connects directly with enterprise resource planning (ERP) and accounting systems and automates processes such as invoice generation, reconciliation, payment tracking, accounts payable management, vendor settlement, and approval workflows.

Through Alternative Insights, the company’s intelligence and analytics claims to offer up-to-date visibility into cash flow trends, customer activity, and various performance indicators to support financial decisions.

Alternative Payments noted that its customers typically experience faster payment cycles, by 40–50% on average, minimised manual workload for the finance department.

Story Continues

"Alternative Payments buys data and analytics platform Delmar Insights" was originally created and published by Electronic Payments International, a GlobalData owned brand.

The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

View Comments