BlueSnap, a privately owned financial services company founded in 2001 and headquartered in the US, employs approximately 300 people. The company offers a suite of back-end payment processing solutions designed to streamline and manage the entire payment process for businesses.
BlueSnap collaborated with Commerce, BigCommerce's parent company, to launch a B2B payments and accounts receivable (AR) automation solution for BigCommerce B2B Edition (date not specified). This solution integrates eCommerce and enterprise resource planning (ERP) systems. A subsequent announcement detailed the launch of an AR automation solution and an ERP-integrated customer portal designed to streamline B2B payment processes, improve cash flow, and enhance customer experience (date not specified). BlueSnap also offers an integration with BigCommerce B2B Edition, enabling connection between ERP and online stores, providing real-time data synchronization and access to BlueSnap's global payment capabilities (date not specified). BlueSnap's AR Automation solution is presented as superior to Versapay, offering improved customer support, a self-service payment portal, better integrations, and enhanced cash collection, ultimately leading to faster payments, reduced Days Sales Outstanding (DSO), and a streamlined quote-to-cash process (date not specified). Using BlueSnap with BigCommerce B2B Edition provides a customer portal for payments, resulting in faster payments, reduced manual processes, and simplified reconciliation (date not specified).
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