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Additionally, it offers access to near-real-timepayment information, facilitating more efficient reconciliation of financial data across systems and supporting quicker, more informed decision-making. This is an exciting strategic milestone as we grow our emergingpayments channel.”
Businesses across the globe can now seamlessly integrate all relevant payment methods including card payments and instant bank transfers (including ACH transactions in the U.S.), Payments, including AR automation, is a critical component of the user experience for ERP.
As Richard Ransom, head of corporate solution consulting for UK, EU, ROW at Bottomline, explains: Uncertainty on how emergingpayment types like cVRP (commercial variable recurring payments) will work with the account switch service may lead to operational issues, and changes to processes may be necessary.
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