Payments Reconciliation news and trends

Xero Partners With Transferwise To Help SMBs With Cash Flow
B2B Payments // May 25, 2020

New Zealand cloud accounting startup Xero​, is collaborating with British payments startup Transferwise to offer a wider suite of financial tools to help small-and-medium-sized businesses (SMBs) navigate cash flow post-pandemic. “We know small businesses around the world are facing an uncertain future right now.  So...

RoadSync Streamlines Logistics Payments With QuickBooks
B2B Payments // July 18, 2019

Logistics payments platform RoadSync is syncing into QuickBooks to boost transaction efficiency for its users. A press release reported by AJOT this week said RoadSync is integrating into QuickBooks to automatically enter transaction information of payments made on the RoadSync platform into the back-office accounting...

UK Businesses Leave $150B In Payments Unreconciled
B2B Payments // February 01, 2018

More than $150 billion in B2B payments remain unreconciled within U.K. corporate systems, according to new research from YouGov, conducted for FinTech company Soldo. The data, covered by FinancialDirector reports, stems from a survey of 4,000 small- and medium-sized businesses (SMBs) that reveal cashflow crunches...

Citi Expands Reach Of AR Solution Payer ID
B2B Payments // November 07, 2017

Citi’s Treasury and Trade Solutions is bringing its accounts receivable (AR) Payer ID solution to more markets around the globe. The financial institution (FI) announced news on Monday (Nov. 6) that Payer ID is now available in 44 countries, as Citi brings the B2B payments...

Interviews & Exclusives
Software, Not Spreadsheets, Solves Healthcare’s Cash Flow Bottlenecks

October 24, 2024
For smaller healthcare providers, manual processes dominate the back office — and when it comes to reconciling remittances with deposits, pain points emerge that rival any sprain or bruise. Cash flows suffer. Productivity suffers too, because staff are so intricately involved in maintaining and updating files and other data. Dee Harding, chief product officer at […]