MSTS, a global B2B payment and credit solutions provider, has introduced Credit as a Service (CaaS). The suite of applications and services enable companies to access:
- Payment and credit solutions;
- Managed services; and
- Integrations to power global commerce.
As a single omnichannel solution, CaaS is designed to enable B2B companies to drive sales, reduce accounts receivable costs, mitigate risk and enhance the customer experience. CaaS streamlines complexities that exist between B2B buyers and sellers by providing dynamic pricing and automated purchase controls to deliver a positive experience for buyers.
CaaS was developed to remove obstacles for companies seeking to expand into foreign markets. These obstacles can include increased compliance scrutiny, complex regulations, local requirements, foreign exchange, language and business culture differences.
The suite serves as a uniform global system that navigates the complex patchwork of country-specific policies, languages, currencies and regulatory requirements when sending and receiving payments between countries.
CaaS is designed to integrate with ERP, CRM, e-Commerce systems and banks to remove the long integration process from the sales cycle.