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Capgemini Selected to Make AutoRek Reconciliation Services More Efficient

The Fintech Times

AutoRek , the Glasgow-based reconciliation and financial data management platform, has partnered with Capgemini , the consulting and digital transformation firm, to ensure it remains ahead of reporting requirements for clients as well as complying with regulatory changes.

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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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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. The partnership has already proved successful.

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

Fintech Finance

Through this agreement, Capgemini will mobilize its team of experts on AutoRek’s reconciliation solution and guide AutoRek’s clients with day-to-day support of implementations. Companies are under immense pressure to free up cash from their operations.

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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. AI also plays a crucial role in identifying potential payment delays, such as disputes, and facilitates proactive resolution.

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What ‘Work From Home’ Means For Paper-Based AR Departments

PYMNTS

.” While COVID-19 may jumpstart some conversations about organizations’ abilities to adopt electronic payments and cloud-based financial processes, digitization is not the silver bullet to process inefficiencies, whether it’s during a pandemic or not. Lockbox Data Headaches. Automating Lockbox Data – And Beyond.

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Helping Corporates Get Over The Real Time Payments Hump

PYMNTS

Standardization of payments messaging and enriched data, along with the immediacy of funds, has enabled real-time payments infrastructure to introduce greater value to organizations in areas like financial crime prevention and payment reconciliation. ” Driving Ubiquity.