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Elite Acqu...
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Elite Acquires Tranch to Streamline Payments for Law Practices

  • Elite, a financial management service for law practices, has acquired B2B payments platform Tranch.
  • Elite aims to offer its customers greater choice and flexibility in managing their work-to-cash process, helping law firms reduce payment delays, increase cashflows, and boost profitability.
  • Tranch's electronic payment offerings include instant payment services, virtual card terminals, and the ability to spread payments over time, which helps law firms reduce their cash collection cycle and enhance profitability.
  • The acquisition will enable Tranch to scale its capabilities further and continue its rapid, product-led innovation under Elite's ownership.

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