Payments

Turning repetitive tasks over to machines will free knowledge workers for more interesting work.

Payment app Veem now offers locked exchange rates, which means businesses can budget for a payment in a foreign currency knowing the exact exchange rate for up to 92 days in advance.

Despite unprecedented advances in workplace technology, many accounting and finance professionals continue to struggle with highly manual and inefficient month-end close processes.

Accounts payable is the most time-consuming and paper-intensive function in finance.

The module, which is proprietary to Canopy, allows money transfers between Canopy’s customers and their clients using credit, debit or ACH.

Intuit has added next day funding for ACH payments to its QuickBooks platforms.

Tipalti introduces currency conversion solution, and Fugue adds PCI compliance to its suite of offerings.

Bill.com has eliminated wire transfer fees for businesses paying electronically in local currencies using its International Payments solution.

Plus news from Invoiced, OnPay and M3.

Firms and their business clients can make cross-border payments with no bank fees, at a promotional price of $9.99 per transaction.