Basys Expansion iQ Pro + to help enterprises simplify accounts receivable
PR Newswire
1h ago
Ai Focus
Basys Announces the Launch of a New Version of iQ Pro+, Integrating Invoicing, Recurring Billing, Customer Management, Terminal Invoicing, and Flexible Payment Collection into One Platform to Help Enterprises Accelerate Cash Flow, Reduce Manual Operations, and Enhance the Visibility of Accounts Receivable.
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An integrated experience combines invoicing, recurring billing, customer management, and flexible payment collection.

Lenexa, Kansas, USA, October 13th / PRNewswire / -- Known for its "people-oriented" services and long-term partnerships, payment service provider Basys today announced the release of the next version update of Basys iQ Pro, providing businesses with faster and simpler ways to manage payments and accounts receivable.

This expanded accounts receivable experience integrates invoicing, recurring billing, customer management, terminal-based invoice creation, and flexible payment collection methods into one platform. Basys By bringing these processes together, iQ Pro it can help businesses accelerate cash flow, reduce manual work, and enhance visibility across the entire payment lifecycle.

Simpler payment methods

For many businesses, collecting payments is more complicated than it should be. Invoices can get lost, recurring billing requires repeated processes, and fragmented systems make it difficult for companies to keep track of which payments have been made and which are still outstanding.

iQ Pro + Integrate these steps into a seamless experience. Enterprises can issue invoices, provide customers with convenient payment methods, and monitor payment activities without having to switch between multiple systems. Teams spend less time on debt collection and can devote more time to serving customers and driving business growth.

Basys CEO Brad Oddo stated: "Companies should not have to piece together multiple tools just to manage invoices and collect payments. With iQ Pro+, we are connecting the entire accounts receivable process, making it easier for companies to collect payments, improving visibility, and allowing them to move forward with confidence. Technology has simplified these processes, and our team is there to support customers at every step."

Aimed at accelerating cash flow

iQ Pro + Supports the complete process from invoice creation to payment collection, bringing higher speed, simpler operations, and stronger control to businesses.

With the help of iQ Pro, enterprises can:

  • Create and send professional digital invoices from any location where business activities occur, whether in the office or directly from a terminal, to help customers pay faster and accelerate cash flow.
  • Supported remote payments through Pay-by-Link, allowing customers to make payments conveniently from any location.
  • Automated recurring billing arrangements to support more predictable cash flows with less administrative work
  • Accepts credit cards and ACH payments, allowing customers to use the payment method that suits them best.
  • Secure storage of payment information makes repeated payments faster and more convenient.
  • Manage customer and payment information in one place to enhance visibility of accounts receivable activities.
  • Connect invoicing and payment through one platform to reduce manual work, duplicate entries, and avoidable errors.

Basys indicates that the result is a more efficient accounts receivable process, which helps companies collect payments faster and at the same time provides customers with a more convenient experience.

Designed around the actual payment methods of enterprises

Each company has its own method of collecting payments. Some companies need to send invoices from their offices; others need to issue invoices immediately after completing work. Institutions with membership systems, service agreements, or installment plans require automated recurring payments.

Basys indicates that iQ Pro + supports these different workflows through a single platform, rather than forcing companies to manage invoicing, billing, and payment collection tools separately. This interconnected approach is designed to assist business owners, office managers, and accounts receivable teams who wish to reduce administrative tasks and improve the visibility of their cash flow.

Supported by real people

Technology makes it easier to receive payments, but service determines the experience.

Basys provides manually led go-live support and ongoing services to help enterprises confidently start using the platform, and throughout their growth process, they can continuously derive value from iQ Pro+.

Basys indicates that in 2026, the company was recognized as the Annual Organization in the Excellence, in, and Customer Service Awards categories of Business Intelligence Group, honoring those institutions that have set new standards in terms of response speed and customer care. This award reflects Basys's ongoing commitment to providing a payment experience based on collaboration, responsibility, and genuine human support.

The service standards of Basys include:

Basys indicates that this approach helps companies get started quickly, continue to receive support during their growth process, and ensures that they have a payment partner committed to long-term success.

What do customers say?

Customers using recurring billing state that automation indeed helps to simplify collections, reduce manual work, and bring about more predictable monthly cash flows. Taking iQ Pro + automated monthly collections of American Tele - Connect Services as an example:

"Cyclic billing ensures that funds are credited to our account every 30 days. This process actually runs automatically in the background. We only need to handle it when we acquire new customers or make any changes."

American Tele - Connect Services, Vice President of Finance, said. Deb Lotocki.

Understand the full costs of receiving payments

Improving accounts receivable is not just about collecting payments more quickly. Enterprises also need to be sure that their payment costs are clear, predictable, and in line with the actual methods of transaction processing.

Basys provides free Savings Analysis to review a company's current processing reports, assess rates and fees, and identify potential opportunities to reduce unnecessary expenses. Companies receive side-by-side comparisons based on actual processing history, rather than general rate estimates.

Basys will also conduct pricing reviews at 30 days and 90 days after implementation to help confirm that the pricing meets expectations and to ensure that potential savings remain on track.

Learn more

Learn about iQ Pro + How to help your business automate recurring payments and simplify accounts receivable:

  • Explore iQ Pro +
  • Watch iQ Pro + Accounts Receivable Demonstration
  • Apply for free Basys Savings Analysis

About Basys

Basys is a trusted payment partner for thousands of enterprises, banks, and software companies in North America. Basys is renowned for its industry-leading services, long-term partnerships, and customized solutions. With people who truly care about customers, it provides smarter and simpler payment services to help businesses grow.

Media contacts: Brian Cody, Chief Marketing and Experience Officer, Basys, [ email protected ]

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