Payments represent a significant percentage of outbound cash flows for corporations.
Yet, most global organizations lack the outbound payments insight need for effective cash flow analysis. Siloed bank connections, lack of ERP integration, disparate data stores and inconsistent payment processes make it difficult to get a handle on the global payment data needed to effectively manage outbound cash flows.
There are endless benefits to improving outbound payments – including greater efficiency, reduced cost, lower fraud risk, improved compliance and better cash flow management. It’s time to reimagine your approach to outbound payments.