Remove Accounting Remove Currencies Remove Invoicing
article thumbnail

What is Account Reconciliation?

The Finance Weekly

Let’s talk about something every business owner and accountant deals with— account reconciliation. If you’ve ever wondered what account reconciliation is all about or how to do it effectively, this guide has got you covered. What Is Account Reconciliation? Bank Reconciliation This is the most common type.

article thumbnail

ClearBank Introduces Multi-Currency Bank Accounts

PYMNTS

Cloud-based clearing bank ClearBank has begun offering multi-currency bank accounts using an API, according to a press release. Beginning in the fourth quarter this year, the bank will allow users to access over 30 multi-currency accounts. ClearBank will remain in charge of the clients' funds.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.

article thumbnail

Citi Launches Cross-Border Accounts Receivable Platform

PYMNTS

Citi noted traditional methods of cross-border accounts receivable are inefficient, involving multiple collections service providers with silos between invoicing, collection and reconciliation. Citi is deploying its localized payments services and FX offering to streamline the collections process.

article thumbnail

How AR-AP Connectivity Preserves The Buyer-Supplier Relationship

PYMNTS

As accounts payable (AP) and accounts receivable (AR) operations continue to converge for many organizations, buyers and suppliers are increasingly acknowledging the value of using each other’s technology platforms to promote stronger B2B relationships. Peasy recently launched in the U.K. Esker Adds Credit Tech To AR Platform.

Invoicing 112
article thumbnail

Gravity Software Adds Multi-Currency Accounting Tool

PYMNTS

Cloud-based company Gravity Software has launched a new program to ensure businesses have the right tools to deal with multi-currency needs, according to a press release. of the Gravity application has added multi-currency management, enhanced multi-entity reporting and other features. The release of Version 5.1

article thumbnail

PayPal Launches Invoice API For Online Sellers

PYMNTS

PayPal is introducing an electronic invoicing application programming interface (API) for online sellers in an effort to promote PayPal’s presence on eCommerce and other digital platforms. Invoices can be sent in 25 currencies in more than 200 markets around the globe, with PayPal managing foreign currency conversion.