ActiveWorx and Cambridge Global Payments Announce Strategic Partnership
Norristown, PA, March 10, 2021 – ActiveWorx, Inc. (formerly Miria Systems), a leading provider of B2B Accounts Payable Automation is pleased to announce their strategic partnership with Cambridge Global Payments (“Cambridge”). Cambridge is a FLEETCOR company (NYSE: FLT) and a provider of integrated cross-border payments and currency risk management solutions. The partnership will serve enterprise customers and the upper midmarket. The announcement complements ActiveWorx’s recent announcement of its partnership with Comdata (a FLEETCOR company, like Cambridge) for B2B payments optimization services.
ActiveWorx’s B2B payment capabilities solve recurring business payment processing challenges through a powerful combination of workflow automation software and payment services using advanced machine learning and artificial intelligence. The solution is designed to generate impactful savings and efficiencies while providing users a comprehensive view of their cash requirements.
Cambridge helps customers navigate through the complexities of international payments and foreign exchange trading. In today’s world of global business relationships, companies of all sizes need solutions to help manage their international payments more efficiently. Most of ActiveWorx enterprise customers have global operations and are prime candidates for Cambridge’s solutions.
The combination of the ActiveWorx cloud-based platform for invoice automation with Cambridge’s global payment offerings enables companies to pay virtually any vendor in the world via a wide variety payment methods. “The Cambridge team has impressed us with their knowledge of global payments and their can-do attitude. Having Cambridge as a partner will help our customers streamline invoice processing and payments internationally,” said Marty Michael, CEO of ActiveWorx.
“Invoice processing is still considered to be a manual, labor intensive and costly proposition that can negatively impact growth for many businesses,” said Frank Mannarino, VP, Head of Channels & Alliances, at Cambridge. “We’re thrilled to be aligned with ActiveWorx to improve the overall efficiency of AP processing for our mutual clients. Together our complementary capabilities will not only modernize invoice processing but will also help to minimize the friction associated with cross-border payments.”
ActiveWorx, Inc. (formerly Miria Systems, Inc.) is a leading financial transaction platform that helps companies achieve digital transformation, automation, and management for complex financial transactions. The cloud-based platform offers complete and comprehensive capture-to-pay functionality and accounts payable automation, supported by fast implementation, flexible deployment, and trusted industry experts. For more information, visit www.ActiveWorx.com
About Cambridge Global Payments
Cambridge Global Payments, a FLEETCOR (NYSE:FLT) company, is a provider of integrated cross-border payment services and currency risk management solutions. As a trusted partner since 1992, Cambridge delivers innovative solutions designed to mitigate foreign exchange exposure and address unique business needs. Our award-winning capabilities and industry-leading technologies simplify the way businesses connect with the global marketplace. As one of the largest bank-independent providers globally, we are flexible and responsive, with offices and applicable licensing and regulatory approvals across North America, the UK, and Australia. Learn more at cambridgefx.com and follow us on Twitter and LinkedIn.