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Corporate payments company Optal struck a new partnership to streamline B2B payments in the construction sector. 18) said Optal is collaborating with Open ECX , a digital transaction platform for the construction industry, via its WebContractor tool. General Manager Andy Downes said construction is a critical component of the U.K.
And what a time it’s been, including for cross-border payments and the travel industry — the main subject of a fresh PYMNTS interview with Peter Butterfield, chief compliance officer at Flywire , which provides global payment services. Reconciliation, billing and collection practices must work in a seamless fashion,” he said.
For CFOs, ensuring that financial data is accurate, secure, and easily accessible is essential to driving sound decision-making and maintaining regulatory compliance. Prioritise security and compliance to protect financial data. This saves time and ensures higher accuracy in reporting.
Against that backdrop, the solution according to FTNI is to embrace a “truly integrated receivables platform” that is marked by flexibility and is modular in construction. Those attributes mean that implementation gets easier and can be adapted to suit any combination of users or payment methodologies.
Our humble beginnings evolved through trying to help accountants to close their books through account reconciliations, matching transactions, and managing the tasks of far-flung accounting operations. The thing is, many of these constructs may involve different controllers, different currencies, and different regions of the world.
Those looking to adopt intelligent automation for the first time can begin by automating the accounting cycle (accounts payable and receivable, journal entry, account reconciliations, and financial close), the organisation advised. Highlights from responses of companies that have not adopted intelligent automation.
00:10:47 [Speaker Changed] So in the additive services that Orion offers now are financial planning, compliance, CRM services, risk and analysis portfolio construction and advisor portal and investor portal. That’s right. So tell us a little bit about that. 00:11:12 [Speaker Changed] So CRM is customer relationship management.
Conpends TradeAI and Cleareye.ais ClearTrade bring efficiencies to trade finance processing, enabling banks to improve operational productivity by automating stringent regulatory and compliance processes and highly manual and paper-intensive operations. Integro Technologys SmartLender provides a comprehensive trade-limits management offering.
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