Corpay Cross-Border Introduces Netting Manager to Automate Internal Invoice Settlement

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Corpay’s Cross-Border business introduces Netting Manager to streamline and automate the internal invoices for corporations with global subsidiaries.

Netting Manager will allow companies to operate globally efficiently by simplifying the intercompany netting process. This will combine transactions by multinational corporations in various currencies.

The new product will also help to create visibility into combined foreign exchange exposures. The company developed Netting Manager for corporates to use easily for transactions.

Netting Manager’s process is efficient and user-friendly, allowing multinational companies to have a proper system running continuously compared to other existing systems. The solution aims to help companies to access it at a low cost and integrate it with multiple accounting systems.

Read More: Corpay Cross-Border Launches Netting Manager to Streamline and Automate Internal Invoice Settlement

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

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