Calgary-based fintech Quickly has announced a strategic partnership with hh2 Cloud Services, a leading provider of cloud-based back-office solutions for the construction industry.
The collaboration leverages hh2’s advanced iPaaS (Integration Platform as a Service) solution to integrate Quickly’s platform with Sage 300 Construction and Real Estate, enhancing financial operations for construction businesses.
An Early Payment Platform, Quickly focuses on helping small and medium-sized businesses improve cash flow by offering faster payments for verified invoices.
With this integration, construction companies using Sage 300 can streamline their financial operations by offering early payments to suppliers and subcontractors, while general contractors continue to pay on their regular terms. The partnership aims to reduce administrative work, improve cash flow, and allow construction businesses to focus on their core activities.
Kyle Friedman, Co-Founder and CEO of Quickly, emphasized the value of the partnership, stating, “By integrating with Sage 300 through hh2’s iPaaS platform, we provide our clients with an effective tool to offer early payments, improving their cash flow and reducing costs.”
RELATED: How Startup Quickly Innovates Invoicing to Supercharge Cashflow
The integration is easy to implement and allows for real-time synchronization of financial data between Sage 300 and Quickly’s platform, ensuring accurate and efficient financial management. Subcontractors can request early payments for approved invoices, expediting the payment process with minimal disruption.
Dennis Stejskal, Head of Strategy at Sage Construction & Real Estate, said, “Quickly improves project success by offering faster payments to subcontractors without disrupting general contractors’ cash flow.”
This partnership marks a significant step forward for both companies, promising future innovations to further optimize construction business operations.
One year ago Quickly raised a $10 million seed financing round led by Thin Air Labs, with participation from Plug And Play, ATB Financial along with new and existing shareholders.
Leave a Reply