Financial News

TransferMate’s live webinar promises to help you boost cash flow, reduce debtor days and improve visibility over funds flow

By Business & Finance
29 April 2020
Pictured: Gary Conroy, Chief Product Officer for TransferMate Global Payments

TransferMate, the Kilkenny-based B2B payments technology company, is hosting a live webinar tomorrow, 30 April, at 11am

TransferMate, the Kilkenny-based B2B payments technology company, is hosting a live webinar tomorrow, 30 April, at 11am on boosting cash flow, reducing debtor days and improving visibility over funds flow.

The group has deployed an advanced receivables solution to businesses worldwide. The payments solution enables TransferMate clients to reduce their days sales outstanding (DSO) while gaining control and visibility on invoicing and future cash flow.

The solution ensures that companies get paid faster while automating invoice reconciliation, an essential aid to finance teams as the majority of the global workforce works from home.

According to TransferMate: “With traditional methods, companies are stuck waiting on payments due to delays in the payments chain with no visibility on when the payment will come through. Additionally, the amount received often fails to match the amount billed due to bank fees, setting off a search by accounts receivables teams to reconcile the invoice and determine what went wrong.

“TransferMate’s receivables solution provides businesses with a faster, cost-effective, integrated and automated way to collect funds from payers abroad.”

According to the TransferMate website, the webinar promises to cover “traditional challenges of international invoicing, managing receivables and cash flow in a crisis, reducing the time it takes to get paid by giving customers an easy solution, gaining visibility on funds throughout the payment journey, and utilising technology to eliminate fees and automate invoice reconciliation.”

The live discussion will be hosted by Gary Conroy, Chief Product Officer for TransferMate Global Payments. Conroy is committed to simplifying B2B cross-border payments, and brings more than 20 years of experience working banking and payments across consumer, business, card, international banking and FX.

To sign up for TransferMate’s live webinar, click through to the following link.