PYMNTS

AUGUST 13, 2019

importer told the publication of its reliance on surcharges to mitigate the risk of currency fluctuations. Banks have not historically focused on sophisticated, intelligence and automated FX management products, instead choosing to differentiate themselves from the competition by offering lower costs. China trade wars.

Foreign Exchange 72

Foreign Exchange Accounts Payable Risk Management Reconciliations 72

PYMNTS

DECEMBER 15, 2017

On a good day, managing the ebb and flow of supply chains, accounts receivable and accounts payable can be challenging; on a bad day, juggling all those spinning plates becomes a nightmare. Via its cross-border reconciliation network, Flywire can collect and reconcile those payments immediately and accurately.

Invoicing 48

Invoicing Reconciliations Currencies Foreign Exchange 48

PYMNTS

MARCH 8, 2018

They are impacting the way car dealerships, hospitality companies, banks and freelance workers exchange money across borders. Travel companies and several international banks are turning to blockchain to enhance their cross-border payment capabilities and improve receivable transactions. News from the Cross-Border Space.

Education 43

Education Accounts Payable Reconciliations B2B 43

PYMNTS

FEBRUARY 12, 2018

The remaining $2 goes to the bank that issued the card the buyer just used; they use some of it to pay the card network and acquirer. The seller gets access to that money in a couple of days, maybe even quicker with new push payments and faster payments initiatives designed to accelerate the speed of settled sales to bank accounts.

Accounts Payable 43

Accounts Payable Invoicing Accounting Reconciliations 43

PYMNTS

OCTOBER 14, 2020

"Unlike solutions on the market today that only offer a handful of ERP integrations and require a manual intervention to complete a payment, RegalPay One offers a bank-branded platform that connects directly to their corporate customers' ERP system," Ed Wertzberger , vice president of solution delivery for Regal Software, said in the announcement.

B2B 82

B2B Banking Accounts Payable Reconciliations 82

PYMNTS

JUNE 9, 2017

But it’s an uphill battle, Dahl said, because banks are standing in the way of this accounting progress. Banks are really hindering this process of making things more efficient,” she said. They’re making it very difficult – at least in Canada, with fewer banks and a lot more control. There is a ton of regulation.”.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43

PYMNTS

SEPTEMBER 4, 2018

A new report from Deutsche Bank suggests that even if adoption of accelerated payments remains muted for corporates, the trend is still affecting the enterprise and how it manages money — a fact that corporate treasurers must pay particular attention to. It’s not huge, but it’s not dismissible, either.

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

PYMNTS

AUGUST 3, 2018

Complexity reigns when payments are sent across currencies and borders. Tracking those bookings and paying out to those various endpoints is complicated, especially along cross-border and multi-currency corridors. That option allows them to aggregate more payments together, but still maintain the reconciliation data.

Reconciliations 40

Reconciliations Accounts Payable Currencies Accounting 40

PYMNTS

JULY 31, 2017

Cash, in the form of currency notes on hand, does not really help anyone,” Krishnan recently told PYMNTS. “It It typically takes anywhere between a week to a fortnight [two weeks] for such distributed cash to be properly accounted for and show up as bank deposits that can be used,” the executive said.

Invoicing 40

Invoicing B2B Accounts Payable Cash Management 40

PYMNTS

NOVEMBER 16, 2017

That need is pushing businesses to integrate technologies into their supply chain management systems to match payments, invoices and POs, for instance, for automated reconciliation. ” Such automation can similarly reduce invoice processing and reconciliation errors, too, he added. .”

Reconciliations 41

Reconciliations Invoicing Accounts Payable Technology 41