Digitalize connectivity with banks and financial institutions for seamless procure-to-pay and order-to-cash processes, while enabling real-time collaboration and tamper-proof transaction records.
Financial organizations involved in cross-border transactions face challenges in multi-bank connectivity and related processes involving various trade finance instruments. They should aim to connect their business operations with banks/FIs seamlessly, increasing efficiency, transparency, control, and reliability on the banking network involving multiple banks in multiple jurisdictions.
Some of the key challenges affecting these organizations include:
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