Overview
ECI Software Solutions, Inc. has acquired DryPowder, a financial technology company, to enhance its AI-powered, cloud-based business management software. This acquisition aims to modernize accounts receivable and digital payments in the building materials and construction industries, addressing issues like slow collections and manual processes. Key features include the Vault payment platform and Homebase AR operations hub. The deal strengthens ECI's ability to deliver integrated financial workflows, benefiting over 25,000 customers globally.
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ECI Software Solutions, Inc. has acquired DryPowder, a financial technology company, to enhance its AI-powered, cloud-based business management software. This acquisition aims to modernize accounts receivable and digital payments in the building materials and construction industries, addressing issues like slow collections and manual processes. Key features include the Vault payment platform and Homebase AR operations hub. The deal strengthens ECI's ability to deliver integrated financial workflows, benefiting over 25,000 customers globally.