Received And PayEm Unveil Groundbreaking B2B Partnership Commission Solution

In a pioneering initiative aimed at transforming the management of B2B partnerships, Received and PayEm have unveiled a novel partnership commission solution. This collaboration is set to address the growing complexities and competitive dynamics within the technology sector, emphasizing the importance of efficient partner distribution channels for swift market entry and expansion. The initiative marks a significant step towards optimizing B2B partnership management in an era where traditional commercial structures are evolving.

The increasing complexity of referral and reseller agreements poses operational challenges, often leading to delayed payments and strained partner relationships. Moreover, the lack of data visibility impedes strategic growth analysis, highlighting the need for a more sophisticated approach to contract management, pricing, and commission payments. In response, Received, a leader in B2B billing and revenue management, has joined forces with PayEm, known for its advanced procurement and AP capabilities, to introduce an end-to-end solution designed for the modern B2B partnership landscape.

The solution introduced by Received and PayEm encompasses several key features aimed at simplifying partnership management. These include customizable partner contracts to accommodate various complexities, sizes, and types; bespoke partner compensation structures with options such as flat rate, revenue share, and hybrid models; automated commission payouts, invoicing, and payment collection; full automation of cash reconciliation and revenue recognition; centralized tracking and analysis of partnership data; automatic bill creation; and embedded bank transfers including ACH, Wire, and Cross-Border payments. The solution supports global payments to over 200 countries in more than 145 currencies.

Roi Ben Daniel, CEO of Received, highlighted the strategic importance of this collaboration: "Partnerships can significantly enhance growth. However, when contracts and trigger events are not automated, it hinders growth. An overhead of manual reconciliation can cause revenue leakage and even kill partnerships. The goal of our collaboration with PayEm is to enable Partnerships to live to their fullest potential."

Itamar Jobani, CEO of PayEm, echoed this sentiment by emphasizing the necessity of streamlining partnership management processes in today's fast-paced business environment. "Our collaboration with Received is a testament to our commitment to innovation and efficiency. By combining our strengths, we're not just simplifying operations; we're unlocking new opportunities for growth and partnership success," said Jobani.

This groundbreaking solution represents a significant advancement in how businesses can manage and optimize their partner relationships. By ensuring that partnerships are both rewarding and sustainable, Received and PayEm are setting new standards in the B2B sector.

About Received: Received is the first B2B Billing & Revenue management platform that automates billing for all B2B revenue streams under one roof. Designed for modern B2B finance teams managing custom contracts, complex pricing models, and multiple revenue streams, Received aims to streamline operations and accelerate growth with its system flexibility and usability.

About PayEm: PayEm revolutionizes spend management through a user-centric approach. The platform offers customized employee request forms, dynamic approval workflows, budget control for informed decision-making, and AI-powered invoice processing. By simplifying finances and promoting accountability, PayEm stands at the forefront of spend management innovation.