TipRanks: Alternative Payments Expands Accounting Channel via LedgerWay Partnership

TipRanks featured Alternative Payments’ newly announced partnership with LedgerWay, framing it as a significant distribution expansion into the accounting sector. The outlet highlighted how the deal gives Alternative Payments a direct channel into LedgerWay’s network of more than 5,000 small-business clients across North America — extending the platform’s reach well beyond its established base in managed service providers and IT services.

The coverage detailed the full scope of what LedgerWay’s clients gain through the partnership: AI-powered workflow automation, secure online payment portals, automated invoicing, real-time payment tracking, and invoice and cash reconciliation — all natively integrated with leading accounting and ERP systems. TipRanks positioned the deal as a catalyst for faster client adoption, deeper embedment in accounting workflows, and recurring revenue growth for Alternative Payments. CEO Baxter Lanius was quoted characterizing the accounting sector as historically underserved in B2B payments, noting that small businesses still overwhelmingly rely on manual invoice collection and that accountants have lacked the scalable infrastructure to solve it. LedgerWay CEO Damyan Dimitrov emphasized the client-side impact — improved cash flow, shorter collection cycles, and cost savings that directly influence how quickly small businesses can grow.

Read the full coverage on TipRanks →