Remove B2B Remove Foreign Exchange Remove Invoicing Remove Reconciliations
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Wells Fargo Taps TransferMate For Global Invoicing

PYMNTS

TransferMate Global Payments, the cross-border B2B payments provider, announced Monday (May 20) it inked a deal with Wells Fargo to deliver its Global Invoice Connect platform for U.S. In a press release , TransferMate said its Global Invoice Connect Platform enables U.S. based international businesses.

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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. Faster Payments. Open Banking. Plus, those back office platforms aren’t always integrated with each other, either.

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Cambridge Global Payments Automates X-Border AP

PYMNTS

FLEETCOR -owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting.

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The Architecture Of A Cross-Border B2B Payment

PYMNTS

For years, any attention given to solving B2B payments friction was typically focused on the payer. Pain points experienced by B2B vendors when collecting cash will inevitably seep into their own AP processes. However, that understanding has not traditionally been the focus of B2B payments service providers. and Turkey.

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

PYMNTS

While expanding internationally is the easy part, the challenge often comes in the back-office financials like invoicing , cross-border payments, accounting and reconciliation. Cross-Border Headaches. The friction points of managing workflows like billing and revenue collection across borders are plentiful in today's environment.

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Goldman Sachs Adds Global Payments To SAP Ariba

PYMNTS

In addition, the deal will allow better reconciliation of payments with the matching invoices. Risk will be less of an issue because of the increase in transparency and tighter control on foreign exchange payments, along with the currency exposures for those with stake in procurement and treasury.

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Cobase, Ebury Team Up On FX Payments

PYMNTS

FinTech firms Cobase and Ebury are now working together to roll out Ebury's foreign exchange services on Cobase's multi-banking platform, according to a press release. In addition, users will be able to access real-time statuses for transactions and reporting, letting automation happen for the reconciliation process, the release says.