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NASHVILLE, Tenn., April 20, 2021 /PRNewswire/ Paymogy, LLC, a firm that advises, owns and operates SaaS businesses and start-ups across a variety of industries, announced today it had completed an investment in cloud-based Accounts Payable automation platform provider, Invoice Stream, Inc. (www.invoice-stream.com). Commensurate with closing the investment the two companies also entered into a formal Management Agreement whereby Paymogy will serve as Operating Partner for the business, with Paymogy Founder, Vaden Landers, stepping into the role of interim CEO.
Commenting on the newly formed Partnership Vaden Landers said, Eliminating paper from the bill presentment and payment process, and reducing the costs associated therewith, has long been on the minds of businesses of all shapes and sizes. The Covid-19 pandemic has brought with it a heightened level of attention and focus to this topic with the CDC s recommendation to discontinue the