AVENU ACQUIRES GOVERNMENT PAYMENT SOLUTION PROVIDER, INTERWARE DEVELOPMENT COMPANY INC. (INTERWARE ®)
Avenu Insights & Analytics, a global leader in revenue enhancement and administration solutions for state and local governments, announced its acquisition of Interware Development Company Inc., a leading provider of cloud-based payment solutions for local governments. The acquisition will provide Avenu’s existing clients with a new centralized payment platform.
The integration of Interware’s dynamic payment platform and Avenu’s mature government administration solutions will enable the consolidation of current third-party payment processing providers. The result will be a streamlined level of service that transforms the way governments can address their workflow processes and help improve staff productivity and resources, ultimately impacting efficiency.
Shared resources and an integrated strategy will enable the combined company to provide additional services and greater technical expertise to both client bases. The combined platform will allow state & local governments to more efficiently collect permitting & licensing, utilities and tax revenue.
“Governments are seeing an increasing need for an integrated payment solution software offering to streamline their administrative and budget activities and automate workflow processes,” shared Avenu CEO, Paul Colangelo. “The combination of Avenu and Interware will provide governments with a centralized solution to maximize their efficiency while shaping a more modern and convenient citizen experience.”
“We are very excited to join the Avenu family,” stated Interware Vice President, Nichole Sperry. “Our combined GovTech platform will deliver positive outcomes and elevate the experience for all of our clients.”
For more information, please visit the official press release here.