Welcome back to the ZTLment newsletter! This time around we will be diving into the most recent announcements and product updates that we’ve been working hard on behind the scenes!

1) ZTLment have partnered with KPI OceanConnect and Deloitte

If you haven’t seen it already - ZTLment recently partnered with KPI OceanConnect and Deloitte to use our innovative payments and ledger technology to automatically distribute funds throughout the marine fuels value chain.

A great quote to summarise the partnership:

“Using smart contract technology, we can create a direct link between the flow of funds, the fuels and the carbon credits that have been purchased. KPI OceanConnect’s clients will complete a normal bank transfer, where the money is uploaded to the blockchain and automatically distributed to the various suppliers.”

2) New product release: Data-driven payouts

Data-driven payouts are here! They enable your finance team to connect key data events in your workflows to automate payout creation.

Integrate ZTLment with other tools in your product stack, or your product’s backend to set up data-driven payouts and make sure your suppliers stay happy.

Read more about how to set up a data-driven payouts engine here.

3) New feature release: Audit trails

Tracking, reconciling and auditing payments has always been a tedious and manual process.

With ZTLment, however, companies can easily set up 4-eyes approval flows, and easily audit who approved which payments and when.

This way, finance teams can easily evaluate and track payments and avoid payment & reconciliation errors.

Thanks for reading and stay tuned for product updates, finance tips and more coming in August!