ChannelE2E reports on how Alternative Payments is transforming payment infrastructure for service-based industries with the support of $22 million in total funding. Led by MissionOG and Third Prime, the investment is helping the company expand globally and build on its automation-first platform, purpose-built for industries that have historically relied on manual processes.
The article highlights how Alternative Payments integrates with PSA and ERP systems like ConnectWise, Autotask, and HaloPSA to automate everything from invoicing to collections. CEO Baxter Lanius notes, “MSPs have historically forgotten about accounts receivable, leading to cash flow challenges; however, with Alternative Payments, MSPs can still forget, but now their accounts receivable are on auto-pilot.”
ChannelE2E emphasizes the value of embedded financing—especially B2B buy now, pay later—as a growth lever for MSPs, giving them the ability to offer flexible terms to clients while still getting paid upfront. Lanius calls it “a critical tool in an MSP’s toolkit to sell more and close deals, faster.”
The article also underscores the platform’s role in improving financial visibility, reducing days sales outstanding, and supporting international payments with fewer barriers—all key to modernizing how MSPs operate in today’s economy.
