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In an attempt to temper inflation, the Federal Reserve is raising the interest rates banks use to trade with each other. This often translates into higher interest rates for banking or payment services, including forms of credit. This includes PTO scheduling, identifying qualified hires, and certain onboarding tasks.
They include new enterprises such as Orbian , Prime Revenue , C2FO , Taulia , and Ariba as well as new operations launched by traditional financial service firms such as Citi Group, HSBC, BNP Paribas, and Deutsche Bank. For suppliers, joining the platforms can be nearly as simple as adding an app to a smartphone.
If your team is currently burdened by the following, it may be time for an upgrade: Too many accounting tasks. Long accounts receivable, or payment, wait times. Even longer accountpayable timelines. Frequent duplicate payments and accounting errors. No accounting strategy. Bank reconciliation.
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