Caxton Payments, the leading financial technology company, announced its partnership with Accounts Payable Association (APA).
What is the APA
Accounts Payable Association (APA) is a professional body devoted to serving accounts payable/ purchaser ledger/ P2P professionals. It serves as a hub for professionals, offering resources, networking opportunities, and educational programmes. APA also offers certifications and global community of likeminded AP professionals becoming APA certified Technicians and Managers. APA’s mission is to advance best practices and drive innovation in the accounts payable industry, making it an essential resource for companies seeking to optimise their financial operations.
Why did Caxton join?
Caxton recognised the potential synergy between our services and APA’s expertise, driven by several factors:
- Expertise Exchange
Caxton has already developed a leading accounts payable payment services. As part of the continued development of our Software as a Financial Service, Caxton hold regular product roundtables with clients and category experts. We look forward to inviting APA members to contribute to our next feature releases.
- Networking and Growth
The Caxton business is about helping British business grow. Our membership with APA will fosters relationships that can lead to new opportunities and innovations.
The Caxton Accounts Payable Capability
- Supplier payments
The Caxton software, CXTN, can automate large volumes of accounts payable by integrating directly with your bank which we authenticate and don’t require confidential access to bank or balance.
- AP Automation
The CXTN platform can reduce manual processing, delays, and queries by automating your mass payments, sending up to 1,000 single or multiple currency payments in one file. CXTN API enables your payroll software to interact with our platform, so we can deliver a fit-for-purpose, end-to-end payroll process. Our global payment allows you to reach employees in over 195 countries with 28 different currencies at excellent rates. CXTN platform also supports Faster Payments and BACS, Flexible Payments, Swift, and SEPA – EUR.
Benefits:
- Automate our high volume payments
- Pay suppliers and staff globally
- Reduce manual processing and hefty bank charges
- Your accountancy software with our API
How we plan on working with APA
Caxton plan to engage with APA in a multi-faceted approach:
- Collaborative workshops and webinars
- Research and development
- Advocacy and thought leadership
See more about our Partner Programme