Naehas And Itea P2B Forge Partnership To Boost Financial Services Billing And Disclosures

Naehas, a prominent player in the financial services customer experience cloud sector, has announced a partnership with Itea P2B AB (Itea P2B), a fintech company based in the Nordics. This collaboration aims to introduce each other's solutions to their respective markets, enhancing the capabilities of banks globally.

This partnership will enable banks to leverage Itea P2B’s billing functionalities as an integrated solution within Naehas’ flexible architecture. The new capabilities include invoice grouping per customer or account, options for debit advice, e-invoicing, PDF distribution, sales tax calculations, flexible billing periods, customized invoicing based on billing settings, and credit note capability to rectify invoicing errors.

In the Europe, Middle East, and Africa (EMEA) regions, Itea P2B will offer access to Naehas’ disclosure management solutions. This will assist banks in these markets to reduce regulatory risks by automating their marketing and service disclosures.

Focus on U.S. and Canadian Markets

For the U.S. and Canadian markets, the combination of Naehas’ enterprise product and pricing solutions with Itea P2B’s billing capabilities creates a comprehensive customer experience ecosystem. This collaboration underscores both firms' commitment to supporting banks in delivering exceptional service to their customers.

Statements from Leadership

Steve Dobrenski, Head of Global Partnerships at Naehas, commented on the importance of automating and controlling billing for banks serving commercial and corporate customers. He highlighted the complexities surrounding billing and the need for transparency. "We are helping banks to wrap new capabilities around their cores without changing it," Dobrenski stated.

Rasmus Beigler, CEO of Itea P2B, expressed enthusiasm about integrating their advanced billing capabilities into Naehas' platform. "Their exceptional financial solutions perfectly align with the needs of banks, complementing our own offerings. Together, we can now enhance the value we deliver to our clients twofold," Beigler remarked.

About Naehas

Naehas is a leader in providing cloud-based solutions for the financial services industry. The company offers personalized products, pricing, offers, disclosures, and customer communications efficiently while reducing risk. Their solutions support various enterprise functions including product management, marketing, compliance, and operations.

About Itea P2B AB

Itea P2B AB is a Swedish fintech company specializing in centralizing pricing and billing management functions across banks. Their expertise includes streamlining product management, eliminating revenue leakage due to inefficiencies, minimizing turnaround time and cost for new product propositions, and enhancing transparency.