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What is ERP? Understanding the Power Behind Enterprise Resource Planning

Learn what ERP is, its core financial capabilities, and how AP automation complements ERP systems to streamline workflows and boost efficiency.

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Jul 7, 2025
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Reuters: Dollar rises broadly as investors weigh Middle East risks

Reuters: Dollar rises broadly as investors weigh Middle East risks

"Global investors are unwinding cross-border exposures, pushing money into safe havens, and punishing currencies issued by ⁠net energy importers," said Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions in Toronto.

CBC: Why Trump can't afford to brush off the Iran war's economic impact

CBC: Why Trump can't afford to brush off the Iran war's economic impact

“Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions, a global financial services firm, says while it's conceivable that the war could push the price of oil to record highs..."

Corpay Cross-Border Named Official Foreign Exchange Provider of the ABB FIA Formula E World Championship
Cross-BorderGlobal paymentsRisk management

Corpay Cross-Border Named Official Foreign Exchange Provider of the ABB FIA Formula E World Championship

Through this partnership, Corpay Cross-Border will provide comprehensive FX risk management and international payment solutions to support Formula E’s global operations.

Financial Post: Here's why bets are rising for interest rate hikes including for Canada

Financial Post: Here's why bets are rising for interest rate hikes including for Canada

“Policy expectations have ratcheted higher across the advanced economies, reflecting a sharp jump in global inflation fears,” Karl Schamotta, chief currency strategist at Corpay Cross-Border Solutions, said in a note Monday.

Bloomberg: US Bonds Rise as Trump Hint at Ending War Eases Inflation Angst

Bloomberg: US Bonds Rise as Trump Hint at Ending War Eases Inflation Angst

“The broader question for markets is whether Trump’s apparent retreat from maximalist regime change rhetoric reflects a genuine shift in war aims or merely an attempt to declare victory while hostilities continue at lower intensity,” said Karl Schamotta.

Global News: Could Canada’s energy sector help offset impacts from the Iran conflict?

Global News: Could Canada’s energy sector help offset impacts from the Iran conflict?

“With the Strait of Hormuz effectively shut down, investors are selling currencies from regions that import most of their energy needs,” says Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions, in a written note to Global News.

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