Driftspartners

Driftspartners is a financial technology company that provides a platform for businesses to manage and optimize their accounts payable processes. The company's core offering is a software solution designed to automate invoice processing, facilitate payments, and offer insights into spending patterns. Driftspartners aims to streamline the typically manual and time-consuming tasks associated with accounts payable, such as invoice data entry, approval workflows, and payment execution.

The platform typically integrates with existing accounting and enterprise resource planning (ERP) systems, allowing for a smoother transition and data flow. Key features often include optical character recognition (OCR) for automated invoice data extraction, customizable approval routing, and a range of payment options, including ACH, virtual cards, and checks. By centralizing these functions, Driftspartners seeks to reduce errors, improve efficiency, and enhance visibility for finance departments.

The company often highlights benefits such as cost savings through reduced manual labor and potential for early payment discounts. It also emphasizes improved vendor relationships by ensuring timely and accurate payments. Driftspartners serves a variety of industries, from manufacturing and retail to healthcare and professional services, catering to businesses of different sizes looking to modernize their financial operations. The company's business model typically involves a subscription-based service, with pricing often tiered based on usage or features.