Autobooks completed the acquisition of Allied Payment Network.

Autobooks, a company specializing in receivables and accounting solutions integrated within digital banking, completed the acquisition of Allied Payment Network, a software company. Financial terms were not disclosed. “Financial institutions want to deliver more value to their business customers — and they want to do it within the banking experience. By acquiring Allied Payments, we’re bringing together receivables, payables, and accounting in a way that’s never been done before. This is more than a product expansion — it’s the next step in our mission to help financial institutions compete by offering small businesses the tools they need to succeed,” Steve Robert, Autobooks CEO.