Wall Street to Launch Accounts Payable Outsourcing Solution

US-based Wall Street Systems has launched a payments solution that enables banks to obtain outsourcing business from corporates, where the corporates are looking to outsource and centralize their accounts payable processing. The solution is based on the cash management and commercial payments function of The Wall Street System treasury and capital markets solution. The payments solution provides security, audit features and allows clients to convert cross-border wire transfers to cheaper local or cost free internal payments.

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