Page 39 - GS250501
P. 39
NewProducts
Transcard lutionize how businesses interact, pay, and manage their
vendors."
SMART Exchange
www.transcard.com The AI-powered solution replaces traditional call centers
and manual onboarding, enabling automated onboarding
sales@transcard.com and Know Your Business (KYB) processes at scale—wheth-
er onboarding 100 or 100,000 vendors. Buyers benefit from
faster vendor enablement, seamless ERP integration for re-
al-time data synchronization and simplified maintenance
of vendor information and payment instructions, Trans-
card stated.
Suppliers gain a self-service portal that allows them to
validate business information, choose payment preferenc-
es and manage historical transactions—all while gaining
quicker access to payments. SMART Exchange also pro-
vides suppliers with early financing options to improve
cash flow.
Modernize B2B Transcard noted that a key advantage for payments profes-
payments with sionals is the platform's embedded AI, which offers proac-
tive recommendations and insights to optimize cash flow,
automate manual tasks, and reduce onboarding and main-
AI-driven vendor tenance efforts. By streamlining vendor management, the
company added, SMART Exchange enables businesses to
management achieve operational efficiencies while delivering a supe-
rior payment experience.
SMART Exchange is part of Transcard's SMART Suite, a
ranscard enhanced its SMART Exchange ven- family of embedded payment solutions that integrate with
dor network management solution with new ERP systems and connect to existing bank accounts to or-
generative and agentic AI capabilities, deliver- chestrate payments of all types, including disbursements,
T ing payments professionals a next-generation receivables, cross-border payments and supply chain fi-
tool to modernize B2B payment interactions. According nancing.
to Transcard, the upgraded SMART Exchange transforms
how buyers and suppliers onboard, interact and manage Transcard believes that with SMART Exchange, payments
payments, streamlining operations while reducing costs companies gain a modern, scalable solution that reduces
and manual workloads. manual intervention, improves transparency, and en-
hances collaboration between buyers and suppliers. The
"I'm excited about the modern enhancements and agentic platform's AI-driven capabilities position it as a valuable
AI capabilities we are adding to SMART Exchange," said tool for streamlining financial operations and improving
Greg Bloh, CEO of Transcard. "The new streamlined on- vendor and customer experiences, the company added.
boarding process and dedicated portals are set to revo-
For more information, please visit transcard.com. .
39