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Accounting platform Paperchase integrates Weavr’s embedded payment solution to enable accounts payables and cloud accounting software to execute payments within a single workflow and allow near-instant transfers

April 28, 2025 //  by Finnovate

Weavr, a provider of embedded finance solutions, has partnered with global accounting leader Paperchase to integrate its Embedded Payment Run (EPR) solution into Paperchase’s platform. This first-of-its-kind solution is designed to eliminate the pain of Accounts Payable (AP) processes and boost efficiency. EPR enables AP and cloud accounting software to execute payments within a single workflow – without users ever needing to leave the application. Traditional AP systems often delay supplier payments by up to three days after invoice approval. EPR changes this by leveraging UK Faster Payments to enable near-instant transfers once payment is instructed. By automating data handling and connecting every step – from invoice approval to payment execution – into a single, embedded workflow, EPR significantly reduces manual work, errors, and the risk of fraud. Delivered as a developer toolkit, EPR gives AP software providers everything needed to support real payment execution within their own applications. For bulk payments, this includes onboarding business customers, managing approval flows, and initiating payments – entirely within a seamless user experience. By removing the need for SaaS platforms like Paperchase to integrate with multiple third-party fintech providers, EPR streamlines implementation while also creating new revenue opportunities through features such as payment cards and embedded lending. With Weavr’s open banking solution being compliant with financial regulation,  Weavr’s faster payment options saves time and prevent errors with AP and vendor payments. The FPS process backed by Weavr open banking APIs eliminates the need for manual payment uploading and prevents human error.

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Category: Members, Networks Processors & PSPs, Innovation Topics

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