AMI Strategies, which helps enterprises with the management of their technology and utility estates, has partnered with Cambridge Global Payments.

The partnership will enable AMI to deliver international bill pay capabilities to eligible clients.

Under the collaboration, AMI will pull the latest conversion rate and provide it to its clients in USD. Subsequently, the clients can confirm a spot trade rate or lock in the currency exchange rate for 45-60 days with a forward contract.

This will fix the currency exchange rates providing the AMI clients with better clarity on their expenditure.

Cambridge Global Payments USA Corporate Sales SVP John Allen said: “We are excited to partner with AMI Strategies and add Cambridge’s international payout capabilities to their temNOW global expense and order management system.

“This partnership will give AMI’s diverse customer base the ability to pay expenses in 145+ currencies, with delivery capabilities to 200+ countries, all from the temNOW platform.”

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AMI Strategies CTO Dean Keeler said: “By partnering with Cambridge, we will help our clients gain control over their international billing and enhanced insights into their international spend.

“This technology is a differentiator for our clients and partners, who work around the world and depend on accurate, one-time, and validated payment solutions.”

Cambridge Global Payments offers integrated cross-border payment services and currency risk management solutions.

In April, the company extended its sponsorship of professional racing team Exclusive Autosport (EA) for the 2021 racing season.