ECI Software Acquires Drypowder to Reduce Manual AR Workflows

Acquisitions

▤ Summary

ECI Software Solutions acquired Drypowder to embed purpose-built accounts receivable, billing and digital payments capabilities into its ERP-focused portfolio for construction and related industries. Drypowder brings Vault, a real-time customer payment platform, and Homebase, an AI-driven AR operations hub that centralizes collections, disputes and communications with ERP posting. ECI positions the deal to reduce manual reconciliations and Days Sales Outstanding by aligning invoicing to job completion data and automating AR prioritization. The article highlights market growth for AR automation and urges technology leaders to prioritize ERP integration depth, AI logic tied to customer history, compliance/audit trails, and industry-specific billing support.

▥ Classifications

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ERP Software Manufacturing Software Construction Software

▦ Linked Companies