Financial services management platform FI.SPAN inked a new partnership this week with Vancouver, British Columbia, Canada-based Beanworks to build a “world-class business-to-business payments hub.” The new BeanPay platform will give Beanworks’ business customers many of the same vendor payment capabilities that banks have. FI.SPAN will provide pre-integrated third party fintech solutions into the hub, and will manage payment processing via “strategically curated API connections.”

FI.SPAN CEO and founder Lisa Shields praised the combination of Beanworks’ accounts payable automation UX and a “very modern portfolio of payment services.” She said, “Beanworks believes in our vision of sharing modern business services within the corporate customer’s primary business applications.”

Calling manual reconciliation and file transfer “no longer acceptable,” Beanworks CEO Catherine Dahl said, “Our mission is to make the life of the treasurer easier.” Beanworks is cloud-based AP software – integrated with most common accounting platforms such as Intuit Quickbooks, Microsoft Dynamics, and Xero – that automates invoice data entry and invoice-to-purchase matching. Beanworks is also the AP automation provider of choice for Sage accounting and business management solutions. “FI.SPAN’s solution enables us to immediately and profitably extend our AP workflow through to world class payment capabilities,” Dahl said.

Founded in 2016 and headquartered in Vancouver, British Columbia, Canada, FI.SPAN demonstrated its platform at FinovateFall 2017. The company’s technology enables banks and other FIs to deploy new business banking services and products, leveraging RESTful API endpoints to give FIs the ability to decide specifically which and how different products and services are available over different channels. FI.SPAN also provides pre-built connectivity to leading ERP platforms, empowering banks to use ERP as a channel for corporate customers. Read our profile of FI.SPAN from this fall.