PIREL

PIREL partners with Worldpay for Platforms to broaden their business and software capabilities to now include embedded payments

Founded as an electronic document management provider, PIREL has long been a trusted partner for large businesses across North America looking to optimize operations with electronic document management solutions and accounts payable/receivable automation.

Through secure portals, PIREL clients can access and review critical financial documents online, streamlining workflows and reducing dependency on paper.

Worldpay for Platforms helped PIREL expand their business and software capabilities into embedded payments with the PayFac-as-a-Service solution, turning their management software into a one-stop-shop for their customers.

Challenges

PIREL’s customers grew increasingly reliant on their platform to view invoices and statements. Denis Pigeon, owner and founder, recognized a growing need from their customer base; namely, the ability to facilitate payments from within their portal experience.

This natural evolution from electronic paper to electronic payments presented a significant opportunity for PIREL, but also a considerable challenge. Entering the payments space meant shifting the business’ entire sales motion from targeting CIOs and technical stakeholders to CFOs and finance leaders, requiring new expertise and a deeper understanding of the financial industry.

PIREL set out to find a payments partner that had the people, technology and scale to help them succeed with their new endeavor.

Worldpay for Platforms

After evaluating multiple providers, PIREL engaged with the Worldpay for Platforms team and opted to move forward with the PayFac-as-a-Service solution. Worldpay’s robust payments expertise, paired with the sophistication of the PayFac-as-a-Service product, offered the strength, reliability and speed PIREL needed to bring payment capabilities to their software customers quickly and confidently.

“It’s a robust, solid solution and really helped us go to market much faster,” Denis observes.

Worldpay for Platforms provided hands-on support and guidance throughout the implementation process, helping PIREL understand the nuances of the financial industry and ensuring their platform meets regulatory requirements. With Worldpay for Platforms, PIREL was also able to quickly pivot their sales focus to CFOs and financial decision-makers and offer a competitive and comprehensive solution that combined their acclaimed document management solution with seamless payments.

“We’re pleased with the support that we’re getting,” notes Denis.

Results

• Accelerated time-to-market: Worldpay for Platforms enabled PIREL to launch their payment solution faster than anticipated with PayFac-as-a-Service.
• Seamless integration: Customers can now view invoices and statements and make payments – all within a unified portal experience.
• Expanded value proposition: By offering payments alongside document management, PIREL deepened relationships with clients and positioned themselves as a full-service provider.
• Strategic collaboration: Ongoing partnership with Worldpay for Platforms continues to foster product innovation and enables PIREL to stay ahead of industry trends and remain competitive.

At a glance

Objective

Satisfy the growing need from their customer base to be able to facilitate payments from within their electronic document management portal experience.

Worldpay solutions

Worldpay for Platforms; PayFac-as-a-Service

Impact

• Consultative approach leads to regulatory requirements being met
• Streamlined, fast rollout
• Extended solution set

“It’s a robust, solid solution and really helped us go to market much faster."

Denis Pigeon, Owner and Founder, PIREL

Note: Not all products, solutions or capabilities mentioned in our client stories are available in all geographic regions. Please consult your relationship manager or customer care (existing customers) or sales (prospects) for more information.