ECI Software Solutions Acquires Drypowder to Enhance ERP Payments and Accounts Receivable Tools
ECI Software Solutions has acquired Drypowder, a financial technology firm specializing in accounts receivable and digital payments for the construction sector. This acquisition aims to integrate Drypowder's invoicing and collection software with ECI's ERP systems, facilitating automation and improving cash flow visibility for customers. The deal aligns with ECI's strategy to embed financial workflows into operational systems, enhancing the overall invoice-to-cash process.
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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.
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