Cadency Digitally Transforms Invoicing Workflows and Makes it Easy for Customers to Pay
TORONTO, October 21st, 2022 – Datasoft Technologies, a market leader in foreign exchange and global payments platforms, has unveiled Cadency, its newest cloud-based platform for improving invoice-to-cash journeys for companies, including electronic invoice presentment and payment experiences, automated collections workflow, and streamlined financial operations.
Cadency provides businesses an end-to-end solution for invoice-to-cash, automating all steps in the invoicing process while offering a range of payments choices to end-customers all inside smooth digital experiences for both domestic and cross border transactions.
“Since 2005, Datasoft has been innovating FX and Global Payments solutions making cross border payments simple in any currency. Our time-tested knowledge and experience in sending payments allows us to bring unique value to businesses that need better ways to manage their AR workflows and provide their end-customers transparency and more payment choices,” says Rahim Harji, CEO of Datasoft.
Modern payment rails, Open Banking, and Banking-as-a-Service are examples of innovations that all point to changes in the payments landscape as globalization and digitization merge. Cadency is a Datasoft strategic initiative designed to assist companies reduce transactional and operational costs by implementing cutting-edge digital technologies.
About Datasoft
Datasoft is a fintech with a proven reputation for innovation and service excellence in the foreign exchange and international payments software space. Datasoft’s flagship platform, FxOffice, delivers end-to-end enterprise capability unifying FX dealing, risk management, compliance, payments and finance all into a single platform. Financial institutions of all sizes across North America, Europe and Australia run on FxOffice. Datasoft is headquartered in Toronto, Canada.
About Cadency
Cadency, a division of Datasoft Group and a market leader in cloud-based invoice-to-cash solutions, empowers businesses to deliver an exceptional customer experience, receive payments quicker, and streamline financial operations. With a customer self-service portal for viewing invoices, collaborating on questions and disputes, and facilitating a range of secure online payments, Cadency is the new benchmark in accounts receivable automation. Businesses have access to a variety of vital tools that facilitate effective invoicing management, offer customers a range of payment methods, automate collection workflows, and visualize real-time accounts receivable data. Through connections with a variety of ERPs and accounting software vendors, Cadency automatically reconciles payments and accounting data.
