ECI Software Solutions Acquires Drypowder to Enhance AR Workflows

ECI Software Solutions, Inc, backed by Apax Partners, has announced its acquisition of Drypowder, a financial technology company specializing in modernizing accounts receivable, billing, and digital payments for the building materials and construction sectors. This strategic move, revealed on March 2, 2026, is designed to enhance ECI’s enterprise resource planning (ERP) ecosystem by integrating Drypowder’s innovative technology, which aims to streamline the invoice-to-cash lifecycle.

Founded to address the inefficiencies in accounts receivable processes, Drypowder provides industry-specific solutions that facilitate seamless financial transactions. By embedding intelligent, automated workflows into ECI’s ERP platforms, the acquisition is expected to help customers improve cash flow visibility, reduce manual errors, and accelerate collections.

Andres Ricaurte, President of Payments at ECI Software Solutions, emphasized the importance of this acquisition, stating, “Across the industries we serve, accounts receivable is often manual and disconnected from the systems teams rely on every day. With Drypowder, we are embedding intelligent, automated AR workflows directly into our ERP platforms, making it easier for customers to get paid faster, improve cash flow visibility, and reduce administrative burden.” This integration is anticipated to transform payments from a disconnected task into a streamlined operational experience.

ECI Software Solutions, headquartered in Westlake, Texas, is a leader in AI-powered, cloud-based business management software tailored for small and mid-sized businesses. With over 30 years of industry experience, ECI serves more than 25,000 customers across 90 countries, providing solutions that enhance operational efficiency and profitability.

The acquisition of Drypowder aligns with ECI’s strategy to unify ERP, payments, and AI-driven financial workflows into a cohesive experience. By leveraging Drypowder’s capabilities, ECI aims to deliver modern, data-driven financial operations that help customers operate more efficiently and build resilient businesses.

Looking ahead, ECI plans to focus on integrating Drypowder’s technology into its existing platforms while ensuring a smooth transition for customers. The company is committed to maintaining the quality and effectiveness of Drypowder’s offerings, as stated by Kevin Ehinger, Founder and CEO of Drypowder: “Joining forces with ECI allows us to accelerate that mission without changing what makes Drypowder successful. Our team, our products, and our commitment remain the same.”

As the construction and building materials industries continue to evolve, this acquisition positions ECI as a more comprehensive provider of ERP solutions, enhancing its competitive edge in the market.