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Airwallex, Xero Collab On X-Border SMB Payments, Reconciliation

PYMNTS

Australian cross-border FinTech unicorn Airwallex is integrating with New Zealand’s cloud-based accounting platform Xero , Airwallex announced Tuesday (March 10). Most of our SMB customers in Australia are using Xero as their accounting solution, and so it was important to provide that seamless experience between Airwallex and Xero.”.

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Cambridge Global Payments Automates X-Border AP

PYMNTS

The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting. Last year, Frey spoke with PYMNTS’ Karen Webster about some of the biggest challenges of FX management.

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How Multi-Entity SMBs Can Navigate A World Of Billing Complexity

PYMNTS

Whether that means establishing subsidiaries abroad, acquiring customers in new geographic markets, or stepping into a new space via mergers and acquisitions (M&A), even small companies are often global ones. Cross-Border Headaches. But at the end of the day, it always goes up to the parent entity.". "But

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Canada’s Path Toward B2B Payables Modernization

PYMNTS

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. According to Lansdowne-Higgins, among the biggest challenges in accounts payable today is the data silos.

B2B 62
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How Automation Helps Treasurers Weather The FX Volatility Storm

PYMNTS

that has led to a depreciation of the pound are having widespread impacts throughout supply chains with touchpoints in the markets. 12) in Catering Insight showcased some of the foreign exchange hurdles businesses face as a result of that uncertainty. But that, he said, is also one of the largest challenges in this market.

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Real-Time Innovators Bring Data To Corporates

PYMNTS

In B2B payments, added Visa Direct Vice President of Global Segments and Market Development Tim Summers , businesses don't care exactly how funds get from Point A to Point B, but the rails that facilitate the movement of funds must do so seamlessly. When we think about rails, we think about them as a means to an endpoint," he said.

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EACT SURVEY 2021

Simply Treasury

Finally, in this top tier, the management of financial risks, including currency risk, which can be explained by the increased volatility of the markets. The FX risk, given high volatility of markets and uncertainties, is back in top priorities. automatic reconciliation, Straight Through Processing / STP, use of mass data, etc.).