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ECI Software Solutions has acquired Drypowder, a financial technology company focused on accounts receivable and digital payments for the building materials and construction industries. This acquisition enhances ECI's ERP software by integrating payment and receivables products that streamline financial processes.

Drypowder's software connects invoicing and collections with ERP data, allowing for automation and improved cash flow management. The deal supports ECI's strategy to embed automated AR workflows into its platforms, aiming for a more connected financial operation for customers. Drypowder will maintain its operational focus while enhancing integration with ECI's offerings.