BOOST PAYMENT SOLUTIONS
With its bespoke approach , Boost Payment Solutions is helping large enterprises bridge the gap between accounts receivable ( AR ) and accounts payable ( AP )
When Dean Leavitt talks to us from his base in New York , it ’ s a characteristically warm and humid summer day in the city . His expansive corner office affords a view right down East 48th Street in Midtown Manhattan . These sunlit streets are lined by some of the largest and most prestigious companies in the world , with more than one in 10 S & P 500 firms based in New York and a city-wide economy that tops US $ 1.5tn in GDP every year .
These are the companies that Boost Payment Solutions , which Leavitt founded in 2009 , are targeting : large , complex organisations wherever they are located in the world . Boost is active in 47 different regions globally and has been focused since day one on enterprise-level B2B spending , building financial tools that help companies to bridge the gap between accounts receivable ( AR ) and accounts payable ( AP ).
Leavitt , who himself is a veteran of the finance industry , started a company in 1989 that was focused on the consumer card acceptance industry before running a public company , also in the credit card processing space . He then founded Boost 13 years ago after seeing many failed attempts , by companies big and small , at pursuing B2B payments .
For the first five or six years , they were , by his own admission , an exclusively serviceled operation that drew upon third-party technology to help clients . It wasn ’ t until
72 November 2022