Case Study – Digital Payments Provider

North American Digital Payments Provider Selects Fynapse to Power Real-Time Finance Data Operations

Client: Leading mobile parking payments provider
Solution: Aptitude Fynapse
Industry: Payments/Digital Platforms
Challenges: Needed to deliver a market-leading service while enabling their business to drive growth and efficiency

Client Background

A major digital platform operating in the mobile parking payments space has selected Aptitude Fynapse as its core finance data foundation. The client cited data quality, real-time performance, lightning-fast API response times, and the ability to support advanced technology initiatives as central to their decision. They also liked that Fynapse could easily integrate with existing source systems and send accounting results to Snowflake and NetSuite while positioning them up for a future move to Cloud GL systems.

The mobile parking platform handles approximately 20 million transactions per day and supports drivers across 1,200 cities in North America and Europe. Its parent company, an S&P 500-listed corporate payments group, processes more than 1.7 billion transactions annually and serves over 800,000 clients globally.

Project Summary

Aptitude Fynapse has been selected as the strategic finance data management platform for this rapidly growing digital payments provider, because it provides scale in terms of throughput now and as the company grows, speed in terms of implementation and time to close, and the foundation for AI adoption by creating a centralized, granular and trusted view of finance across the enterprise.

Looking Ahead

The project highlights Aptitude’s ability to support fast-moving, tech-led businesses. It reflects a broader trend of organizations seeking modern, purpose-built platforms that can scale with their data strategies without the delays or risk that come with in-house development or fragmented architecture. Fynapse met those needs directly and the collaboration between both organizations played a significant role in getting the project live.

Project

The client’s business operates in real time and at high volume. To support their growth and sustain operational reliability, they required a modern data platform capable of handling granular, finance-grade information at scale. The project also supports their adoption of AI applications across the business – initiatives that rely heavily on accurate, granular, timely data as input.

According to the organization’s Chief Technology Officer, the ability to operate at scale while maintaining data integrity was essential: “[We] operate at scale and in real time, globally. We need to deliver a market-leading service to our customers while enabling our business to drive growth and efficiency. Aptitude Fynapse supports us in achieving these goals in a way no other vendor was able to. The implementation timeline was also a factor in the decision, with go-live in under three months from contract signature“.

Solution

Aptitude Fynapse has been selected as the strategic finance data management platform for this rapidly growing digital payments provider, because it provides scale in terms of throughput now and as the company grows, speed in terms of implementation and time to close, and the foundation for AI adoption by creating a centralized, granular and trusted view of finance across the enterprise.

Buy vs Build Considerations: The client evaluated internal build options but ultimately concluded that Fynapse offered proven out-of-the-box capabilities with faster delivery timelines and lower risk.
Modern Data Foundation: The client views the success of its AI initiatives as directly dependent on the quality, consistency and timeliness of the data that supports them. With increasing reliance on automation to drive operational and commercial outcomes, establishing a reliable, structured data layer was essential. The organization’s Chief Technology Officer commented: “Aptitude’s ability to serve up high volume, granular, and finance-accurate data in real time will be a foundational key to unlocking our AI success.”
Performance & Scalability: Fynapse is the fastest performing accounting rules engine and subledger solution on the market, achieving throughputs in excess of 120 million journal lines per hour in live production environments and with no reported upper limit in capabilities. Given the company is expecting a 25% growth rate, they needed significant processing power.
IT and Architecture Alignment: Despite the client’s existing preference for AWS, Aptitude’s transparency about its Azure-first approach, and the collaborative efforts to accommodate this, helped to build trust. Strong engagement from Cloud Operations and Solution Consulting teams ensured that technical due diligence was thorough and productive.
Bringing Finance into the Process: The accounting team was engaged through detailed demonstrations and evidence of industry-specific IP and accelerators. The demo showcased Fynapse’s flexibility and accounting depth.

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