By Stacie Bauer
Ungerboeck, the world’s leading provider of event and venue management software, announced the launch Ungerboeck Payments, a fully integrated, end-to-end payment solution built specifically for events businesses.
To thrive in a post-COVID world, venues and event organizers must take advantage of new opportunities to maximize revenue and streamline financial operations. Ungerboeck Payments makes it possible to accept electronic payments directly within the Ungerboeck platform, creating easier and safer payment experiences. The revolutionary payment system will help Ungerboeck customers improve cash flow, increase repeat business, and generate more revenue. For the first time, customers have a centralized view of all payment activity on a single platform that is fully supported by Ungerboeck.
“Good payment experience is critical to good event experience,” said Manish Chandak, Presidentand CEO of Ungerboeck. “With the launch of Ungerboeck payments, we now offer a truly integrated, best-in-class payment solution to our customers. Partnering with Stripe, our customers will have an end-to-end seamless payment and reconciliation experience while providing payment choices and ease of use to their planners, vendors, exhibitors, and visitors.”
Ungerboeck chose Stripe, a financial infrastructure platform for businesses, to support Ungerboeck Payments. Stripe helps millions of companies accept payments, grow their revenue, and accelerate business opportunities. Ungerboeck Payments is powered by Stripe Connect, which lets businesses facilitate purchases and payments between third-party buyers and sellers.
“We’re thrilled to help Ungerboeck move money from event organizers to venue operators through Stripe Connect,” said Jeanne DeWitt Grosser, Head of Revenue, Americas at Stripe. “As physical spaces become increasingly important for businesses and their customers, Stripe’s infrastructure ensures platforms like Ungerboeck can power payments and financial operations at scale.”
Chandak said the Ungerboeck team is just as thrilled about the new agreement.
“We are excited about our partnership with Stripe, an industry leader, and using their infrastructure to deliver the best possible payment experience for our customers and their customers,” Chandak said.
Customers are enthusiastic about the new payment solution as well.
“It was an easy decision for us to choose Ungerboeck Payments,” said Kerry Painter, CVE, General Manager at the Raleigh Convention Center. “We are excited to offer our customers a modern, integrated payment experience that also eliminates manual processes for our teams saving substantial time and effort.”
“Ungerboeck Payments is the perfect solution for us,” said Gary Firlit, Director of Accounting at Joseph A. Floreano Rochester Riverside Convention Center. “Increasing usage of electronic payments is a top priority due to the many efficiencies they bring to our finance team and the significant improvement in customer satisfaction. Ungerboeck Payments is essential to achieving our financial objectives.”
Stacie Bauer is Event & Sponsorship Coordinator at Ungerboeck Software International.