Remove Cash Management Remove Compliance Remove Currencies Remove Foreign Exchange
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PodChats for FutureCFO: Why intercompany accounting is crucial for post-merger success

Future CFO

There will be intercompany transactions that happen between them, and it gets very complex when businesses are international – whether it's regulation or taxation, foreign exchange rates, or compliance. I sell services to you, what's the price, and then it (price) gets converted to the local currency plus tax and so on.

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A Closer Look At Ripple’s Money-Saving Claims

PYMNTS

To achieve this, Ripple is placing its bets on XRP, a digital currency that the firm argues will be instrumental as a bridge asset to facilitate interbank transactions. It’s an error-prone process, the report added, with banks still handling the cost of compliance, payment processing and FX. “For Cost-Saving Opportunities .

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The Dating Game Of Small Business M&A

PYMNTS

Business owners may be experts in their particular industries, but that doesn’t mean they’re always familiar with some of the back-end processes of running a company, like cash management and investing. But, for SMERGERS, this meant implementing a way for investors and sellers to conduct their business in their own local currencies.