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To learn more about Credit as a Service, visit About MSTS CaaS was expressly developed to remove these obstacles, and provide a uniform, global system that successfully navigates the complex patchwork of country-specific policies, languages, currencies and regulatory requirements when sending and receiving payments between countries.
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Cross-currency transactions, in and of themselves, can create problems in credit systems and back office systems. Increased compliance scrutiny, complex regulations, local requirements, foreign exchange, language, and business culture create challenges for any company attempting to engage in global commerce. The globalization of business has added an additional layer of complexity for those companies seeking to expand into other countries. We’re helping businesses grow by making purchases simple and easy.” Meanwhile, sellers want to offer credit because it increases loyalty and drives a larger share of their customer’s wallet.
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Buyers want to access a line of credit because it allows them to manage their cash flow. “With CaaS, we are transforming the way businesses facilitate and manage terms-based transactions. “There is no seamless, end-to-end payment and credit management solution for B2B companies, and trying to create a system internally is often cost prohibitive,” said Brandon Spear, President of MSTS.
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CaaS streamlines complexities that exist between B2B buyers and sellers by providing dynamic pricing and automated purchase controls to deliver a superior experience for buyers. As a single, omnichannel solution, CaaS enables B2B companies to drive sales, reduce A/R costs, mitigate risk and enhance the customer experience. The innovative solution is a suite of applications and services that enables companies to access robust payment and credit solutions, sophisticated managed services and smart integrations to power global commerce.ĬaaS was born from 40 years of experience providing payment and credit management solutions to manufacturing, transportation, retail and eCommerce companies. When a military installation or Government - related facility(whether or not specifically named) is located partially within more than one city or county boundary, the applicable per diem rate for the entire installation or facility is the higher of the rates which apply to the cities and / or counties, even though part(s) of such activities may be located outside the defined per diem locality.OVERLAND PARK, Kans., (GLOBE NEWSWIRE) - MSTS, a global B2B payment and credit solutions provider, today introduced Credit as a Service TM (CaaS). Per diem localities with county definitions shall include "all locations within, or entirely surrounded by, the corporate limits of the key city as well as the boundaries of the listed counties, including independent entities located within the boundaries of the key city and the listed counties (unless otherwise listed separately)." Unless otherwise specified, the per diem locality is defined as "all locations within, or entirely surrounded by, the corporate limits of the key city, including independent entities located within those boundaries." Traveler reimbursement is based on the location of the work activities and not the accommodations, unless lodging is not available at the work activity, then the agency may authorize the rate where lodging is obtained.