Remove Foreign Exchange Remove Invoicing Remove Reconciliations Remove Securities
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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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Citi: Healing Broken PPE Supply Chains With Streamlined Cross Border Payments

PYMNTS

to China within only a few hours in order to secure a PPE shipment for healthcare providers. She and a group of volunteers are working to facilitate the procurement of PPE from that distributor for Boston-area hospitals, and so far have secured 1.4 The ability to quickly, securely and efficiently move funds within a day from the U.S.

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Asia Scores Big In B2B

PYMNTS

The Asia-Pacific region undoubtedly led the way, with India securing the largest investment of the week (alternative SME lending) and other deals reaching Australia and China in the logistics, cross-border payments and SaaS segments. Check out our breakdown of all the deals below. Check out our breakdown of all the deals below.

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The Intersection Of FX Management And Open Banking

PYMNTS

Most said they manually manage intercompany processes like reconciliation, while ad-hoc functions are also common. That approval enables Neo to create a payment institution to store, receive and send payments and invoices in multiple currencies for corporate users while operating its own core banking system. The FX Opportunity.

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Adjoint CEO On Why Treasury Management Needs Blockchain

PYMNTS

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. Distributed ledger technology (DLT), in essence, is a distributed database that securely stores and organizes data. Real-Time Window To Treasury Management.

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The Multibillion-Dollar Problem Of B2B Payments Friction

PYMNTS

For more than two-fifths of professionals surveyed, their organizations received more than 2,000 invoices every month. s top organizations told us they choose payment methods for reasons of cost, ease, speed and security,” said Optal General Manager, Europe, Andrew Downes in a statement. Finance experts in some of the U.K.’s

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Expense Management Digs Deeper Into Corporate Ground Transit

PYMNTS

The latest stats from travel and expense company Certify revealed that Uber secured 56 percent of ground transportation expenses for Certify customers in 2017, up from 52 percent in 2016. Businesses need options when it comes to ground travel, Mac recently told PYMNTS.