{"id":809149,"date":"2025-02-05T08:42:08","date_gmt":"2025-02-05T13:42:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/repay-optimizes-vendor-payments-for-recreational-vehicle-dealerships-with-lightspeed-dms-integration\/"},"modified":"2025-02-05T08:42:08","modified_gmt":"2025-02-05T13:42:08","slug":"repay-optimizes-vendor-payments-for-recreational-vehicle-dealerships-with-lightspeed-dms-integration","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/repay-optimizes-vendor-payments-for-recreational-vehicle-dealerships-with-lightspeed-dms-integration\/","title":{"rendered":"REPAY Optimizes Vendor Payments for Recreational Vehicle Dealerships with Lightspeed DMS Integration"},"content":{"rendered":"

<\/p>\n

REPAY Optimizes Vendor Payments for Recreational Vehicle Dealerships with Lightspeed DMS Integration<\/b><\/p>\n

New Partnership Facilitates Dealership Finance Optimization, Going Beyond Traditional Automotive to Offer Advanced Payment Automation to Powersports, RV, Marine and Other Retailers<\/i><\/p>\n

ATLANTA–(BUSINESS WIRE<\/a>)–Repay Holdings Corporation<\/a> (NASDAQ: RPAY) (\u201cREPAY\u201d), a leading provider of vertically-integrated payment solutions, today announced a new integration with Lightspeed DMS<\/a>, the leading recreational dealer management software (DMS) provider. This collaboration marks REPAY\u2019s first major expansion beyond the traditional automotive industry, offering revenue- and productivity-driving payment automation to a wider range of retailers and dealerships.<\/p>\n

\nThis new integration with Lightspeed DMS extends REPAY\u2019s vendor payment automation functionality and brings a range of benefits to businesses leveraging the Lightspeed DMS platform. Through REPAY\u2019s advanced automation capabilities, dealerships can ensure on-time payments while maintaining strong positive relationships with their vendors. In addition, by replacing traditional paper checks with digital payments such as virtual cards and ACH, this solution modernizes accounts payable (AP) processes and significantly increases payment security over traditional check printing practices.<\/p>\n

\n“Our partnership with REPAY brings a new level of efficiency to our dealer management system,\u201d said Troy Thibodeau, Chief Marketing and Products Officer at Lightspeed. \u201cBy integrating REPAY\u2019s advanced AP technology, we can offer streamlined vendor payments and financial benefits to the businesses that depend on Lightspeed. This collaboration allows us to provide a more seamless and modern payment experience, which is crucial to our customers\u2019 ability to maintain strong relationships with the vehicle manufacturers and partners they depend on.\u201d<\/p>\n

\nFor dealership AP professionals, REPAY\u2019s automation technology is a means of driving productivity and ensuring timely execution of vendor payments, eliminating many of the manual processes involved in handling payments that create errors or delays. This automation saves valuable time and resources, allowing teams to focus on more strategic tasks and improving overall efficiency within the organization. By streamlining these processes, dealerships of any size can achieve greater operational efficiency and enhance their financial management goals.<\/p>\n

“<\/b>This integration simplifies payment processes by consolidating all dealership vendor payments into a single platform and workflow, enhancing accuracy and delivering a level of payment security dealerships expect,\u201d said Darin Horrocks, Executive Vice President, Business Payments at REPAY. \u201cWe are committed to helping businesses transform their payment processes, and this collaboration sets a new standard for efficiency and payment security in dealership management and payment operations.”<\/p>\n

About REPAY<\/b><\/p>\n

REPAY<\/a> provides integrated payment processing solutions to verticals that have specific transaction processing needs. REPAY\u2019s proprietary, integrated payment technology platform reduces the complexity of electronic payments for clients, while enhancing the overall experience for consumers and businesses.<\/p>\n

About Lightspeed DMS LLC<\/b><\/p>\n

\nLightspeed is an all-in-one solution designed to revolutionize dealership management. With Lightspeed, dealerships in the Powersport, Marine, RV, Trailer, Outdoor Power Equipment, and Golf Car industries seamlessly integrate their operations through our comprehensive Dealer Management Solution (DMS). Lightspeed has been empowering over 4,000+ dealers across North America with cutting-edge technology and unparalleled support. From sales to parts, service to rental, and accounting to CRM, Lightspeed offers a unified platform that streamlines every aspect of their client\u2019s business. Lightspeed provides a cohesive ecosystem where every tool and feature originate from the same source, ensuring compatibility and efficiency.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250205638392\/en\/<\/a><\/span><\/p>\n

Investor Relations Contact for REPAY:
\n<\/b>
IR@repay.com<\/a><\/p>\n

Media Relations Contact for REPAY:
\n<\/b>
Kristen Hoyman
\n
khoyman@repay.com<\/a><\/p>\n

KEYWORDS:<\/b> Georgia United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Fleet Management Other Retail Payments Automotive Technology Recreational Vehicles General Automotive Retail<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

REPAY Optimizes Vendor Payments for Recreational Vehicle Dealerships with Lightspeed DMS Integration New Partnership Facilitates Dealership Finance Optimization, Going Beyond Traditional Automotive to Offer Advanced Payment Automation to Powersports, RV, Marine and Other Retailers ATLANTA–(BUSINESS WIRE)–Repay Holdings Corporation (NASDAQ: RPAY) (\u201cREPAY\u201d), a leading provider of vertically-integrated payment solutions, today announced a new integration with Lightspeed DMS, the leading recreational dealer management software (DMS) provider. This collaboration marks REPAY\u2019s first major expansion beyond the traditional automotive industry, offering revenue- and productivity-driving payment automation to a wider range of retailers and dealerships. This new integration with Lightspeed DMS extends REPAY\u2019s vendor payment automation functionality and brings a range of benefits to businesses leveraging the Lightspeed DMS platform. Through REPAY\u2019s advanced automation capabilities, … <\/p>\n

Continue reading “REPAY Optimizes Vendor Payments for Recreational Vehicle Dealerships with Lightspeed DMS Integration”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-809149","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nREPAY Optimizes Vendor Payments for Recreational Vehicle Dealerships with Lightspeed DMS Integration - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/repay-optimizes-vendor-payments-for-recreational-vehicle-dealerships-with-lightspeed-dms-integration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"REPAY Optimizes Vendor Payments for Recreational Vehicle Dealerships with Lightspeed DMS Integration - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"REPAY Optimizes Vendor Payments for Recreational Vehicle Dealerships with Lightspeed DMS Integration New Partnership Facilitates Dealership Finance Optimization, Going Beyond Traditional Automotive to Offer Advanced Payment Automation to Powersports, RV, Marine and Other Retailers ATLANTA–(BUSINESS WIRE)–Repay Holdings Corporation (NASDAQ: RPAY) (\u201cREPAY\u201d), a leading provider of vertically-integrated payment solutions, today announced a new integration with Lightspeed DMS, the leading recreational dealer management software (DMS) provider. 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