11 Global Payment Formats for Efficient Receivables Management

11 Global Payment Formats

This ebook outlines the 11 most widely used global payment formats a treasury team should be aware of and accept to constitute a healthy payment mix


Chapter 01

Executive Summary

Chapter 02

11 Global Payment Formats

Chapter 03

Arriving at a Preferred Payment Mix

Chapter 04

Standardized Cash Application Process

Chapter 05

About HighRadius
Chapter 02

11 Global Payment Formats

ACH Payments


Wire Payments


Check Payments


Credit Card Payments


Virtual Card Payments


Real-Time Payments


BACS Payments


SEPA Payments


CHAPS Payments


SWIFT Payments


E-wallet Payments


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HighRadius Integrated Receivables Software Platform is the world's only end-to-end accounts receivable software platform to lower DSO and bad-debt, automate cash posting, speed-up collections, and dispute resolution, and improve team productivity. It leverages RivanaTM Artificial Intelligence for Accounts Receivable to convert receivables faster and more effectively by using machine learning for accurate decision making across both credit and receivable processes and also enables suppliers to digitally connect with buyers via the radiusOneTM network, closing the loop from the supplier accounts receivable process to the buyer accounts payable process. Integrated Receivables have been divided into 6 distinct applications: Credit Software, EIPP Software, Cash Application Software, Deductions Software, Collections Software, and ERP Payment Gateway - covering the entire gamut of credit-to-cash.

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