Does your firm face these challenges?
Manual data entry
Do you need to enter payment data manually? There is a risk of errors that can consume valuable time.
Partners and Suppliers in various countries
Do you have partners and suppliers in many countries with different currencies?
Exposed to currency risks
Do fluctuating currencies pose a risk to your margins?
Administrative efforts tracking payments
Do you spend time and effort on tracking payments?
Do you know your cash position?
Do you know your exact cash position and how much foreign currency you need to cover your international payments?
FEATURES AND BENEFITS
Process high volume, low-value payments
Reduce manual data entry, and minimize the risk of errors that consume valuable time. Our straight-through processing solution can be integrated with your ERP and accounting software for a completely automated payments process.
Local currency payments
With over 130 currencies spanning more than 200 countries and territories, you can pay your suppliers in their local currency and position yourself to strengthen relationships and negotiate on pricing.
Protect margins and maintain pricing
Fluctuating currencies can raise your expenses and diminish your profits if unmitigated. Develop a risk management strategy to protect yourself from market volatility.
Automated payment tracking
Minimize administration and keep your suppliers informed with automated payment notifications, and convenient tracking of payment status.
Monitor your cash position
Know your cash position. Anticipate how much foreign currency you need to cover international payments.
Reduce your costs
Lock in exchange rates for payments to global suppliers and bill clients more accurately.