BNY, The Bank of New York Mellon Corporation, is a powerhouse in global financial services, has partnered with Kanexa.
This collaboration is set to harness BNY’s cutting-edge trade finance capabilities alongside Kanexa’s automation technology expertise. The objective is clear: to furnish businesses with a seamless means to automate and digitalise their entire workflow. This will streamline invoice approval processes and boost operational efficiencies, minimising the typical errors, risks, and costs tied to traditional processes.
BNY brings to the table a rich history of over 240 years in financial services, aiding clients from Fortune 100 companies to the top 100 banks globally. Kanexa excels in refining business processes through advanced automation solutions, aiming to evolve continuously to meet business demands.
BNY Global Head of Trade Finance Product & Portfolio Group Joon Kim said, “In a world of increasingly complex and global supply chains, providing businesses with a single point of entry is critical to the stability and efficiency of global trade.
“By integrating Kanexa’s capabilities with our global trade network and products, we are empowering businesses to drive efficiencies throughout their open account trade processes. This is another great example of how we’re drawing on the latest digitization technologies to enhance the experience for our clients.”
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