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Category: Finance and Accounting
The second Payment Services Directive (PSD2) is set to revolutionize the payments industry, paving way for innovative and lucrative opportunities for payments organizations. But this will be a game changer and banks and every other player within the ecosystem need to harness this disruption to turn it to their advantage. The directive mandates banks to
Accounts payable and receivable (AP and AR) services are key to effective cashflow management. Both AR and AP help understand and provide complete visibility into the financial health of a business. However, given the volume and complexities of the transactions, both these functions are becoming increasingly tedious to manage. The challenge is further compounded by