Vantaca partners with Increase to launch its Vendor Pay solution — Increase
Customer story
Vantaca partners with Increase to launch its Vendor Pay solution
Vantaca, a leading platform for community association management, launched a new solution, Vantaca Vendor, to allow property managers to pay vendors directly from the same system where they manage invoices, approvals, and accounting.
The solution is powered by Increase, a modern banking core that helped Vantaca replace a fragmented stack of payments tools with a single integration that enabled them to launch and scale the solution in weeks, not months.
“We weren’t looking for a payments vendor. We were looking for infrastructure to power a lasting product. Increase was the only partner that gave us direct access to every payment rail, paired closely with our engineering team, and didn’t ask us to compromise on what our customers actually needed.”
– John Moore, Vice President, Vantaca Vendor
The opportunity
Vantaca serves over 550 community association management companies across the United States with intelligent automation, comprehensive workflows, and integrated tools to help build better communities.
Every month, Vantaca processes thousands of vendor payments to landscapers, maintenance crews, insurance providers, legal firms, and more. Historically, these payments have been fragmented across disconnected tools: one system for approvals, another for cutting checks, a separate portal for ACH, and manual processes to reconcile it all.
Vantaca saw an opportunity to deepen its position as the financial operating system for community association management, bringing payments natively into its vertical SaaS platform. There was an opportunity to power a single connected workflow from invoice to payment.
With the launch of Vantaca Vendor, the company is expanding its platform to provide management companies with a fully integrated, connected process without data handoffs or third-party portals.
But to do that, it needed a banking infrastructure partner that would allow the company to programmatically fund accounts, disburse payouts, and reconcile payment flows with flexibility, precision, and control.
How it works
Building a comprehensive bill pay experience
To power Vantaca Vendor, Vantaca partnered with Increase to embed payments infrastructure directly into its platform. Using Increase’s APIs, Vantaca built a comprehensive vendor pay experience that supports community management companies. Using Increase’s direct connections to the Federal Reserve, Vantaca can pull funds from a property manager’s external bank account the same day, with access to all three same-day ACH windows for granular control around settlement. After funds settle, Vantaca is able to give management companies the option to choose the best method for payouts, including:
- Card payments — Built on Increase’s card-issuing stack, Vantaca can issue one-time virtual cards.
- ACH transfers — With Increase, Vantaca can send same-day ACH payments at every window, with visibility into settlement tracking.
- Physical checks — Increase’s check API lets Vantaca issue, mail, and track physical checks programmatically, with built-in Positive Pay for fraud detection, expedited shipping, real-time delivery events, and full check customization.
- Real-time payments — Increase is integrated directly into The Clearing House for Real-Time Payments to allow Vantaca to send money to a recipient’s bank account in less than 60 seconds.
“Most providers would have put our check requests on a roadmap. Increase shipped an embeddable QR-code component and custom signature support in days. That’s the difference between a vendor and a partner, and it’s the reason we were able to launch Vendor Pay on the timeline our customers needed.”
– Haoyu Zha, President of HOAi, a Vantaca Company
Why Increase
Vantaca chose Increase for the same reasons that companies like Ramp have built their payment products on the platform.
- Direct connections to Federal Reserve networks like FedACH and Check 21 for unfiltered access to data and fewer dependencies.
- The option to send money instantly with Wires and Real-Time Payments, or use traditional Check payments in a programmatic way.
- The ability to synchronously open fully-featured Accounts with many Account Numbers ensures funds are always segmented, and inbound payments are automatically reconciled.
The result is a seamless vendor payment experience that helps Vantaca move money faster, reduce operational complexity, and keep every step of the workflow in one place.
Speed of innovation
Increase was able to demonstrate its flexibility to meet edge cases and its ability to support feature requests that were key to the industry Vantaca serves. For example, checks are one of the more heavily used payment rails, and the company had some requirements for them — such as legal obligations in California around Home Owners Association (HOA) reserve accounts requiring two signatures of board members. Within days, Increase shipped an embeddable QR-code component and the ability to add custom signature images to the signature line of a check.
Direct access to networks
Increase connects directly to the Federal Reserve and Visa for money movement, and surfaces tracking updates from vendors like FedEx and the United States Postal Service, providing the speed and transparency that Vantaca’s customers expect.
All payment rails through one platform
Rather than stitching together multiple providers for ACH, wires, checks, and cards, Vantaca relies on Increase to support every payment method.
Built for platforms
Increase’s account-level architecture lets Vantaca programmatically manage funds flowing across thousands of associations, with full visibility into every transaction.
“The Increase team deeply understands the vertical SaaS industry and the way the financial layer of our product is a feature, not a commodity. Their willingness to engage on the details, down to the signature line on a check, is what makes a partnership like this one work so well.”
– John Moore, Vice President, Vantaca Vendor