SumAssembly Company Profile, Contacts & Intelligence

SumAssembly Overview

Payouts anywhere in seconds. Accrue is the first payout orchestration platform, and the only customer-first payout product on the market. Accrue lets the payee decide when and how they want to be paid, while maximizing efficiency, predictability, and cost for the payer. The payee Creators have traditionally been paid whenever and however the company (or companies!) they work for determines best. Crafters, streamers, rideshare drivers, and influencers are all at the mercy of the platform they sell on. Some may be waiting on enough sub-dollar transactions to add up to something meaningful before they cash out. Some are at the whims of the payer’s schedule. Some stay in the game, but hate getting dinged on FX and bank fees. Accrue solves these problems with one integration. The payer Amounts owed are a liability to corporations, which typically settle out on an ad hoc basis and hard-to-determine schedule. Further, despite the entrance of multiple players on the scene, payouts are a logistical nightmare that require intense labor commitments, and mountains of fees. With Accrue, companies are able to plan accounts payable liabilities on a predetermined cycle, bringing predictability to budgeting and forecasting. No need for new bank accounts in different currencies, either. Dev resources need not be commandeered for multiple third-party payout integrations - with Accrue, it’s “one and done.”

Headquarters

Montreal, Quebec, Ca

Website

sumassembly.com

Industry

Financial Services

Founded

2022

NAICS

Finance and Insurance, Monetary Authorities-Central Bank

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