Through this new integration, moneycorp can offer clients the ability to streamline payments, instantly saving time and transforming payment workflows and scalability.

Today, CFOs are heading the enterprise-wide digital agenda, with 77 percent leading efforts to improve operational efficiency through technological adoption, and 77 percent also exploring how disruptive technologies could benefit their business. Currently, only 34 percent of finance tasks are automated and many businesses continue to struggle to locate the right data.

“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 easily keep track of 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 now instantly sync data, track payments in multiple currencies, and edit beneficiary information, all in one payment ecosystem.

Dowd added, “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.”

Customers can simply authenticate access by logging into their accounting system through moneycorp’s API within minutes.