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Vendor Assistance

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Mass payout solutions provider facilitating expedited vendor payments efficiently.

Overview

Vendor Assistance operates as a mass payout solutions provider, specializing in bulk payment disbursements for businesses to multiple recipients. The primary offering, the Vendor Payment Program, allows vendors supplying goods or services to the State of Illinois to receive expedited payments. This service aims to address the issue of delayed state payments by providing a financing solution that enables vendors to access their receivables more quickly. The platform supports multi-currency distributions and includes features such as automated currency conversion and compliance with international regulations. Vendor Assistance targets vendors in locations including Chicago, Philadelphia, Orlando, and San Juan, with the objective of improving financial operations efficiency and reducing administrative burdens related to payment processing.

Key facts

Founded
2010
Sector
Payments

Business model

Contact

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About Vendor Assistance

What does Vendor Assistance do?

Vendor Assistance operates as a mass payout solutions provider, specializing in bulk payment disbursements for businesses to multiple recipients.

Where is Vendor Assistance headquartered?

Vendor Assistance is headquartered in Chicago, United States.

When was Vendor Assistance founded?

Vendor Assistance was founded in 2010.

Which sector is Vendor Assistance in?

Vendor Assistance operates in Payments, part of Financial Technology.

Who are Vendor Assistance's competitors?

Companies similar to Vendor Assistance include Paid, SparcPay, and Alternative Payments.