Remove Automation Remove Cash Management Remove Payment Reconciliation
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PayComplete and Evention Partner to Improve Retail and Hospitality Payment Struggles

The Fintech Times

For a long time, the retail and hospitality sectors have faced the ‘last mile’ data problem in cash credit card payment reconciliation. Some merchants struggled with balancing cash and credit card payments against their point-of-sale platform.

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AutoRek Announces Strategic Collaboration With Capgemini to Help Drive Its Ambitious Growth in Financial Services

Fintech Finance

Through combined industry expertise, Capgemini will enrich its portfolio with a new go-to-market proposition alongside AutoRek to address the increasing market need for real-time cash management and transaction reconciliation.

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Checkout.com Announces Partnership With Slope to Enhance Payment Performance for US Enterprise Merchants

Fintech Finance

Areas of collaboration include optimizing interchange costs through data field enhancements, evaluating payment data to improve performance, and improving reconciliation and cash management with Slope’s warehouse lending facilities. Morgan, bringing its total funding to $252m.

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Capgemini Selected to Make AutoRek Reconciliation Services More Efficient

The Fintech Times

This will address the increasing market need for real-time cash management and transaction reconciliation. Without consistent and reliable data tracking of spend, teams can encounter obstacles that impede efficient cash flow management and identification of areas for improvement.

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5 Top Payment Trends Impacting Asia in 2024

Fintech News

One of the key functions of AI in this domain is its ability to match incoming payments with outstanding invoices, thereby automating payment reconciliation and significantly reducing manual efforts. The research firm Adroit projects that the market for AR and AP automation will expand at a CAGR of 17.6%

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Visa Turns To V-Cards With Billtrust For AR Automation

PYMNTS

17), Visa said it is tackling that issue through a new partnership with accounts receivable (AR) and cash management company Billtrust. In conversation with Webster, Taira Hall also alluded to the ongoing barriers not only to virtual card adoption and AR automation, but also to electronic payments adoption overall in B2B payments.

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Tipalti Broadens Reach With B2B Partnerships

PYMNTS

Accounts payable (AP) automation company Tipalti is expanding its reach into the market by partnering with three new B2B companies, which will extend Tipalti’s solutions to their own customers. The enhanced integration aims to strengthen control and communication for both ends of the transaction.

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