Citi has launched Citi® Payment Exchange, an integrated and flexible payment processing solution. Corporate clients can utilize the customized Citi Payment Exchange portal to implement the working capital strategies identified by the Citi® Working Capital Analytics tool. The Citi Working Capital Analytics tool, only available to Citi clients, provides recommendations on payment methods and a strategic approach to managing financial supply chains.

By combining the strength of Citi Working Capital Analytics and the powerful engine of Citi Payment Exchange, Citi enables organizations to offer more options to payees. Payers can select from value-added services, such as full-service payee enrolment support or the ability to make payments via multiple instruments using a single file process to achieve a precise mix of payment methods that best balances payables costs with payee terms. Payees can reduce the number of portals they interact with, and gain the ability to self-service their remittance processes and status inquiries.

Available at no cost to payees, the Citi Payment Exchange solution allows them to be paid faster, spend less time chasing payments    and provide access to full reconciliation data.