Lendica Announces Partnership with Top ERP Software Companies to Launch FundNow and PayLater

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These collaborations usher in a new era of supply chain finance. Flourish and Apex customers will soon be able to receive funding for open invoices and offer better payment options to customers, all with just a few clicks right from their ERP dashboard.

FREMONT, California: Lendica, a fintech start-up that offers integrated financing solutions, recently formed a collaboration with leading supply chain management platforms Flourish Software and Apex Trading.

These collaborations usher in a new era of supply chain finance. Flourish and Apex customers will soon be able to receive funding for open invoices and offer better payment options to customers, all with just a few clicks right from their ERP dashboard.

“Smart operators know the importance of optimizing their cash flow throughout the supply chain,” said Jared Shulman, CEO of Lendica. “The challenge is that the process is often confusing and long. Our software provides transparent financing options where and when the customer needs them – right at their “decision point”. Stop wasting time with dead end financial institutions and time spent growing the business. “

“We are fortunate to partner with Flourish and Apex who demonstrate the importance of a great user experience and customer success,” said Jerry Shu, CTO of Lendica. “Both of these companies have a growing customer base who will soon be able to use Lendica’s software to better manage their cash flow. “

Thanks to Lendica’s iTab – an integrated application that sits on top of the Flourish / order Apex dashboard – operators can activate FundNow, a tool used to get paid immediately on unpaid invoices, or PayLater, a medium for their customers pay bills over time, within minutes. Once activated, operators can immediately choose individual or grouped invoices to FundNow or PayLater. Lendica provides capital and facilitates the collection and distribution of funds via its secure payment platform.


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