Bringing It All Together: Why Autobooks Acquired Allied Payment Network

By Steve Robert, CEO 

We started Autobooks with a vision: to help financial institutions deliver modern business tools directly within digital banking. Over the years, we’ve stayed true to that vision by building a platform that enables small businesses to send invoices, accept payments, access working capital, and manage their books — all in one place. 

Today, we’re excited to announce our acquisition of Allied Payment Network. This move represents the next chapter in our journey and allows us to expand our product suite to include business bill pay — a critical piece of the back-office puzzle that has been underserved for too long. 

With the acquisition of Allied Payment Network, Autobooks gains a robust bill pay infrastructure that currently supports over 500 financial institutions, 150,000 customers, and processes more than $5 billion in payments each year. But this move is about more than scale — it’s about creating the first true all-in-one platform for small businesses. By integrating receivables, payables, accounting, and cash flow management directly into digital banking, we’re delivering a more seamless and complete financial experience for both institutions and their business customers.

When we talk to financial institutions, we hear the same message: small business customers are underserved. They need tools that are easy to use, help them stay organized, and are accessible from the place they already manage their money. The combined capabilities of Autobooks and Allied Payment Network now deliver exactly that. 

• Invoicing: Send professional invoices from digital banking and get paid via card or ACH. 

• Payment Acceptance: Accept payments through links, QR codes, or Tap to Pay on iPhone. 

• Business Bill Pay: Pay vendors, suppliers, and contractors with ease. 

• Accounting & Reporting: Automatically categorize transactions and generate reports. 

• Working Capital: Access funding faster to bridge cash flow gaps. 

The addition of business bill pay provides more than immediate value — it lays the foundation for future innovation. By integrating bill payment with accounting workflows, we enable small businesses to streamline how they manage outgoing payments, track expenses, and maintain financial clarity. This also sets the stage for upcoming spend management capabilities that will help businesses control costs, manage approvals, and gain greater visibility into where money is going — all from within their digital banking experience. 

Our mission is simple: help financial institutions compete by making it easier for small businesses to succeed. This acquisition strengthens our ability to do exactly that.

To hear first-hand about the acquisition and what it means for the future of Autobooks, join me and Derik Sutton for an upcoming webinar. We’ll discuss the Allied Payment Network acquisition and other strategic initiatives shaping small business banking in 2025.

If you have any questions or would like to speak with a member of our team, simply complete the form at https://www.autobooks.co/banking-questions — someone will be in touch shortly.