Tipalti

Brianna Blaney

RegTech

Regtech is short for “regulatory technology” and involves the management of regulatory processes within the financial industry. The main functions of a regtech solution include compliance, reporting, and regulatory monitoring.

Early Payment Discounts

An early payment discount is a form of trade finance and a means for companies to obtain a discount on vendor invoices when paying early. A business pays less than the full amount due while the supplier receives payment earlier than standard payment terms. It benefits both accounts receivable and accounts payable and helps add to your bottom line.

Integrated Payables

Integrated payables streamlines treasury management by consolidating the payment process into a single step. A company can maintain complete control over funds and instruct the bank when to release transactions.

What is Positive Pay

Positive pay is a form of treasury management that works to identify altered checks and prevent check fraud. It stops criminals from cashing fraudulent checks using stolen bank account numbers. It will also catch any bad check information where the amount or date has been altered.

Payoneer Alternatives

Here, we’ve compiled a detailed breakdown of every top alternative to Payoneer with insights, descriptions and feature comparisons for PayPal, Square, TransferWise, and many more.

Paperless Accounts Payable

Before implementing a paperless accounts payable solution, you should get an idea of where the AP workflow stands. How long does it take to process an invoice? What about approval? This should give way to the cost of processing an invoice with the current set up.