BOOST PAYMENT SOLUTIONS
the gap between AR and AP
six or seven years ago that Boost Payment Solutions began to hear from customers who had specific requirements , and so Boost brought on board developers to help build bespoke software solutions internally . Today , the fintech is laser-focused on creating custom solutions that enable large enterprises to overcome whatever challenges they may face within B2B payments – and that can vary wildly from one client to the next .
Bespoke solutions tailored to each client “ Historically , the credit card processing industry has been bifurcated into two worlds ,” Leavitt explains . “ Those that support the accounts payable side , and those that support the accounts receivable side . Even if they ' re under a single roof , there ' s anywhere between a brook and an ocean between the two . It was very important when we started Boost to serve as that bridge and uniquely join those two groups together .”
“ Our ears are our most powerful asset . The first thing we do with a client is always to listen ”
DEAN M . LEAVITT FOUNDER & CEO , BOOST PAYMENT SOLUTIONS
Much like the Queensboro Bridge , a stone ’ s throw from Boost ’ s offices , the traffic that traverses that bridge is diverse . Although Boost focuses on enterprises , there are still variations in terms of industry and geography . “ Our buyers tend to be very large organisations ,” Leavitt continues . “ We have more than 50 % of the Fortune 100 that either make payments through us or receive payments from us . So the entities that we work with tend to be very large .
74 November 2022