Paying your vendors doesn’t need to involve an endless paper trail, overdue invoices, and unexpected costs. With ABCM, tracking and paying invoices in a variety of currencies is simple, efficient, and transparent.
Problem
Too many invoices, too many due dates, too many systems
Solved
Manage and track invoices and multi-currency payments in one place
Problem
Manual invoice registration and processing
Solved
Upload invoices automatically via OCR or from accounting systems
Problem
Slow and cumbersome payment approval
Solved
Maintain a centralized signatory process
Problem
Losing money due to fluctuating exchange rates between receipt and payment of invoices
Solved
Eliminate currency volatility by locking invoiced rates
Problem
Getting lost in following
the paper trail
Solved
Centralize management of
beneficiary information and
invoice documentation
Problem
Limited to banking hours and system access
Solved
24/7 access by desktop & mobile to a full range of services for planning, managing and executing currency transactions
Problem
Unable to synchronize between forecasted cashflow and actual invoiced expenses
Solved
Enhance future cashflow forecasts with actual invoice data
Problem
Losing track of outstanding invoices and payments, missing out on currency opportunities
Solved
Receive timely alerts on invoice, signatory and payment status
