Remove Currencies Remove Invoicing Remove Risk Management Remove Treasury
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B2B APIs Underscore The Need For Speed

PYMNTS

Contrast that with the fact that well over 40 percent of B2B invoices are still paid by paper check. Citi recently made 50 APIs available to business clients, designed to connect easily with treasury software. It’s a situation that has gone from inconvenient to insufferable in just a few years, and 2020 appears to be a tipping point.

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Canada’s Path Toward B2B Payables Modernization

PYMNTS

Lisa Lansdowne-Higgins, vice president of business deposits and treasury solutions at the Royal Bank of Canada (RBC), recently told PYMNTS that these three disruptors have a significant opportunity to shake up accounts payable processes thanks to the impact they have on data.

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Futureproofing treasury and payments through digitisation

Future CFO

As liquidity became a significant concern for organizations, the Treasury Department was asked to monitor inflows and outflows more closely. Co-hosed by Kyriba, the lively discussion highlighted a general shift toward the digital Treasury. One immediate challenge that the Treasury department faced was foreign exchange (FX) exposure.

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AR-AP Link To Ease Cash Flow, Strengthen Buyer-Supplier Relations

PYMNTS

CIT, meanwhile, will offer its Treasury and Payment Services tools to streamline cash flows for SMBs when both sending and receiving payment. Argos Risk, Gatekeeper Enable Third-Party Management. Dynamic discounting can mean lucrative discounts on the accounts payable side, and faster payments on the accounts receivable side.

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Payments Acceleration Shifts The Risks For Buyers And Suppliers

PYMNTS

“The risk for us is if the customer is not happy with the product and wants to return it, but if the supplier has gone bankrupt, we have to accept the return and give the money back,” he explained. Payments are, of course, a huge part of the risk management strategy. Payment Shifts.

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