ABS integrates Travelex payments solution

Accounting and HR software provider Advanced
Business Solutions (ABS) has struck a deal with Travelex Global
Business Payments to integrate Travelex’s GlobalPay solution into
ABS’ financial management systems.

The integration will enable ABS clients to
automate their payments processes using ABS’ accounting system.

The deal also gives ABS customers access to
Travelex’s GEO Global Clearing Network, which provides access to
local domestic clearing in 70 countries.

“The many issues associated with processing
foreign currency payments through the bank, including the need for
regular manual intervention, high error rates and lack of payment
tracking, are eliminated using Travelex, resulting in improved
payment processing efficiency and foreign currency traceability,”
said Dean Dickinson, managing director for public sector and
enterprise at ABS.