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How AP Automation Helps Manufacturers Fight Back Against Tariff Costs

Facing tariffs and market swings? Uncover how AP automation can build financial resilience and why manufacturers should treat finance like operations.

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May 20, 2025
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Financial Post: Canadian dollar climbs as one analyst speculates Trump is 'engineering' greenback's decline

Financial Post: Canadian dollar climbs as one analyst speculates Trump is 'engineering' greenback's decline

“There are good reasons to suspect that the Trump administration is deliberately engineering a decline in the dollar’s value on foreign exchange markets,” Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions, said in a note on Tuesday.

Bloomberg: Asian FX to Benefit Most from Trump on Dollar, Strategists say

Bloomberg: Asian FX to Benefit Most from Trump on Dollar, Strategists say

“The president’s comments suggest that recent (rumored) moves to support Japanese currency intervention — intended to raise the value of the yen......"- Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions

Pine Services Group Partners with Corpay to Expand ERP-Integrated AP Automation Across Sage, NetSuite, Microsoft and Acumatica Ecosystems
Payments Automation

Pine Services Group Partners with Corpay to Expand ERP-Integrated AP Automation Across Sage, NetSuite, Microsoft and Acumatica Ecosystems

Pine Services Group, a portfolio of prominent managed services and software companies, today announced a strategic partnership with Corpay, a global leader in business payments.

Financial Post: Donald Trump pulls another TACO in high-wire week that leaves world breathing easier — for now

Financial Post: Donald Trump pulls another TACO in high-wire week that leaves world breathing easier — for now

“Measures of implied volatility in Treasury, equity and foreign exchange markets are all coming down,” Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions, said in a note.

Wall Street Journal: Dollar Tumbles Against the Yen

Wall Street Journal: Dollar Tumbles Against the Yen

"Chatter built up however of potential intervention by the Bank of Japan to support the yen." Karl Schamotta, Corpay.

Reuters: Yen spikes with intervention in focus; oil rallies on Iran fears

Reuters: Yen spikes with intervention in focus; oil rallies on Iran fears

“I’m not hearing confirmation of official buying activity ‌yet, but if it looks like an intervention duck, walks like an intervention duck, and quacks like an intervention duck, it’s probably an intervention duck,” said Karl Schamotta ​Schamotta, Corpay.

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