PayComplete has teamed up with software firm Evention to revolutionise financial operations in the hospitality and retail industries.
This strategic alliance is set to address the longstanding challenges in reconciling cash and credit card payments, providing a streamlined solution that integrates operational cash handling with automated reconciliation processes. The goal is to enhance operational efficiency, reduce errors, and improve financial control for businesses.
Leveraging PayComplete’s advanced CashTech solutions, which feature proprietary cash management software and hardware, alongside Evention’s innovative Total Recon software, the agreement allows for daily data analysis and reconciliation.
Kirk Nelson, Director of Business Development – Retail at Evention, said: “We are thrilled to embark on this partnership with PayComplete, which marks a game-changing milestone in our journey. By integrating PayComplete’s superior CashTech solutions with Evention’s Total Recon platform, we are solving the last mile data problem and paving the way for a new era of efficiency and accuracy in payment reconciliation.
“This alliance is a testament to our commitment to innovation and our dedication to serving our customers with solutions that make a real difference in their daily operations.”
In a statement, PayComplete emphasised that this partnership goes beyond technological innovation, explaining that It represents a commitment to offering superior services and solutions to their mutual clients.
Keith Robinson, General Manager of EMEA at PayComplete, commented: “The alliance between Evention and PayComplete demonstrates our joint commitment to leading from the front when it comes to providing technology solutions that create a positive, tangible impact for our customers, and more importantly, their customers.
“We are excited to bring this fantastic combined solution to market, supporting companies in becoming smarter, more efficient, more resilient, and sustainable organisations.”
This advancement follows PayComplete’s recent appointment of Simon James as CEO, who was previously Co-President. At the time of his promotion, James emphasised his commitment to enhancing the company’s retail and cash-in-transit services.