Remove Currencies Remove Foreign Exchange Remove Reconciliations Remove Technology
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Airwallex, Xero Collab On X-Border SMB Payments, Reconciliation

PYMNTS

“Small businesses do not have the time or resources to manage multiple technology solutions that often operate in silos — they need solutions to work and integrate with each other seamlessly,” Zhang said in the announcement. Airwallex gives SMBs the ability to tap interbank foreign exchange rates on global payments and deposits.

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Goldman Sachs Adds Global Payments To SAP Ariba

PYMNTS

Buyers will be able to pay suppliers in their own countries’ currencies with ease, according to the release. In addition, the deal will allow better reconciliation of payments with the matching invoices. It will also allow real-time payment tracking along with less inquiries about payment-related issues for suppliers.

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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. The challenges of international financial workflows don't end once a payment is received and currency conversion occurs, either. Cross-Border Headaches.

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EACT SURVEY 2021

Simply Treasury

It also aims at identifying challenges corporate treasurers of MNC’s are facing and technological innovations they intend to implement. Finally, in this top tier, the management of financial risks, including currency risk, which can be explained by the increased volatility of the markets. Real-time treasury.

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JAGGAER Joins Forces With TransferMate On ‘Source to Settle’

PYMNTS

Procurement technology company JAGGAER has collaborated with TransferMate to provide offerings from “source to settle,” according to an announcement. TransferMate lets businesses exchange international payments quicker and simpler than in the past.

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How Automation Helps Treasurers Weather The FX Volatility Storm

PYMNTS

12) in Catering Insight showcased some of the foreign exchange hurdles businesses face as a result of that uncertainty. importer told the publication of its reliance on surcharges to mitigate the risk of currency fluctuations. Gelis emphasized the importance of automation in technologies that businesses do decide to adopt.

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ONPEX Links Wirexend To SWIFT Cross-Border Payments

PYMNTS

Multi-currency IBAN account provider ONPEX is collaborating with Canada’s Wirexend to provide multi-currency payment solutions for joint business customers. The companies noted that connecting IBANs to Wirexend accounts supports faster and easier reconciliation and security.