moneycorp Americas unveils new cloud API integration enhancement

By Pavithra R

moneycorp Americas, a leading provider of global payments and FX risk management solutions, has announced its new cloud API integration enhancement that can seamlessly integrate into client accounting software and ERP systems, at no additional cost.

Today, CFOs are heading the enterprise-wide digital agenda, with 77% leading efforts to improve operational efficiency through technological adoption, and 77% also exploring how disruptive technologies could benefit their business. Currently, only 34% of finance tasks are automated and many businesses continue to struggle to locate the right data. Through this new integration, moneycorp will offer its clients the ability to streamline payments, instantly saving time and transforming payment workflows and scalability.

“Through this API integration, financial executives can take their accounting from transactional to strategic by spending less time toggling between programs, and more time making financial decisions for their business,” said Bob Dowd, Chief Executive Officer of moneycorp Americas.

Through moneycorp’s pre-built integrations, customers can track all international payments directly in their accounting software such as QuickBooks, NetSuite, Xero, and Dynamics GP, thereby eliminating manual keying entries, saving hundreds of hours and reducing errors. Customers can instantly sync data, track payments in multiple currencies, and edit beneficiary information, all in one payment ecosystem. They can simply authenticate access by logging into their accounting system through moneycorp’s API.

“This solution is a significant milestone for moneycorp as it helps CFOs redefine their processes in the shifting digitalization of finance. Automation will reduce costs, drive profits, and improve productivity,” added Dowd.

Established in 1979, moneycorp Americas is a leading provider of global payments and currency risk management. The company serves the growing foreign exchange and payment needs of global businesses, importers and exporters, online sellers and personal clients. The firm serves global clients across North America, South America, Asia, Europe and Australia.