Remove Currencies Remove Invoicing Remove Numbers Remove Reconciliations
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Why Accounts Receivable Is Warming Up To Digital Currency

PYMNTS

In many ways, the rise of crypto and digital currencies like Bitcoin aims to address some of these issues, empowering payers and payees with a way of bypassing the “middleman” of the inter-banking system for faster transaction speeds. .” Choice, he said, is key to guiding corporates toward a digital currency ecosystem.

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Invoicing, Internationally, On The Fly And With Flywire

PYMNTS

Complex on so many levels, especially when it comes to payments and, more specifically, invoicing, where demands for payment are tracked through paper and electronic means. Via its cross-border reconciliation network, Flywire can collect and reconcile those payments immediately and accurately.

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The Treasury Function Gets Strategic

Global Finance

So that could either be that you’re doing cash flow forecasting to make sure, in the very short term, that you have enough liquidity to pay all your salaries and invoices and to make sure everything is clear. That said, AI and ML systems answer corporate treasurers’ continuing need for better ways to extract meaning from the numbers.

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Flywire: ‘I Wish For Embedded Payments To Become Ubiquitous In 2021’

PYMNTS

To get there will require solutions that integrate directly into an organization’s existing AP and AR workflows, whether that means connecting to the business’ ERP system or streamlining processes and complexities with global FX, reconciliation and cash flow management. It doesn’t have to be complicated, though.

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Flywire Upgrades Payments Platform With Machine Learning

PYMNTS

“The enhancements improve the payment-to-settlement time, increase security and reduce costs for both payers and receivers by further automating and streamlining reconciliation of the growing number of international payments coming from different countries in different currencies,” the company said.

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AP Automation Braces For Open Banking, Globalization

PYMNTS

Purchase, invoice and transaction data are invaluable to the journey of digitization and automation, but organizations are increasingly recognizing that the value can only be realized if that data can integrate seamlessly across platforms. “This combination increases data accuracy, and shortens payment cycles.”

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AP Automation’s Role In Paying The Gig Economy

PYMNTS

For the companies that pay these workers, sometimes globally and across currencies, managing accounts payable (AP) processes is quickly becoming a complex endeavor. As the traditional payroll functions recede into the background, handling huge volumes of invoices — for platforms, that can mean thousands of invoices — becomes unwieldy.