Syspro Embeds Payment Infrastructure into Procurement ERP

Manufacturing software company Syspro has formed a partnership with financial technology company Nuvei to embed integrated payments into its enterprise resource planning platform. The integration connects sales orders and accounts receivable to payment infrastructure across more than 200 markets.

The partnership extends Syspro's PayThem Payment Gateway and demonstrates how procurement systems are absorbing financial operations that previously sat outside core platforms. According to McKinsey, industrial companies investing in software to enable new revenue sources can see enterprise value grow up to 1.5 times.

Payments now operate within ERP

The integration allows customers to process payments in real time and automatically update accounts receivable, according to Nuvei. The system accepts payments across 150 currencies and reserves funds at order creation.

Johan du Toit, SVP Strategic Growth at Syspro, says: "Our customers want solutions that reflect how their businesses actually run. Payments are a critical part of that, but they've often been disconnected from the ERP. This partnership brings them back into the core system, helping customers collect funds faster, reduce manual effort, and operate with greater control."

Payment processing previously required manufacturers to move between systems or manually reconcile payment data after transactions were completed. The new structure means when a sales order is created in Syspro, payment processing and cash flow reporting happen within the same environment.

Nuvei describes the change as addressing delays in fund collection and fragmented data that occur when payments sit outside core operation systems.

How procurement platforms are changing

Hosted on Microsoft Azure, Syspro's ERP solution connects inventory, logistics and financial management in one platform. The company describes its approach as cloud-first with an AI-enabled foundation.

According to Syspro, the benefits include minimising equipment downtime, ensuring complete lot traceability and optimising supply chain performance. The platform also supports OEM relationships and cost accuracy.

The integration could mean procurement teams manage payment cycles within the same system they use for supplier orders and inventory tracking. This removes the gap between purchase order creation and payment reconciliation.

Phil Fayer, Nuvei's Chair & CEO, says: "For manufacturers and distributors, payments need to operate as part of the business, not as a disconnected process. By partnering with Syspro, we're bringing our global payments infrastructure directly into the ERP systems these businesses rely on every day. That means they can operate across markets with the local performance, visibility and control they need to scale."

What this means for sourcing

The partnership addresses a structural issue in procurement operations where financial settlement has been separated from sourcing workflows. Integrating payment rails into ERP platforms could reduce the time between order placement and fund clearance.

For procurement teams working across borders, the ability to process payments in 150 currencies within the same platform used for supplier management could streamline multi-country sourcing operations. Nuvei says its infrastructure operates in more than 200 markets.

This represents a pattern in which procurement software absorbs functions that were previously handled by standalone finance or payment systems. This consolidation could mean fewer manual handoffs between procurement, finance and treasury teams.

Syspro's focus on manufacturers and distributors suggests the integration targets industries where procurement cycles involve physical goods, lot traceability and OEM coordination. The platform's emphasis on supply chain performance and equipment downtime aligns with operational priorities in manufacturing procurement.