Does your firm face these challenges?
Uncertain cash flow cycles
When currencies fluctuate between invoicing a client and the payment’s due date, you may need to rebill clients or write-off discrepancies.
We can help your firm lock-in exchange rates for up 240 days to control foreign exchange exposure, enabling you to bill clients fixed amounts, efficiently manage cash flow and improve reconciliation.
Ensuring payments arrive safely
Work with a trusted partner regulated in 200+ countries and a global team of 2,500 compliance professionals.
With $200 million spent on compliance measures and fraud monitoring technology, we are committed to keeping your firms’ and your clients’ money safe.
Complicated payment processes
Labor intensive payment processes can be a drain on your firms’ resources, impacting your ability to efficiently service clients and pay foreign associates.
Our skilled team of Legal industry experts work in partnership with you to design a customized solution, simplifying your domestic and international payments, payroll and invoice workflow.
Limited payment options
A bank transfer isn’t always the most convenient way to make an international payment to foreign associates.
Give your firm the power to make local currency payments in cash at over 300k WU® Agent locations.
Bank fees on incoming payments
The amount you invoice may not be the amount you receive, due to additional bank fees.
Our in-country banking relationships enable transfers to be treated as local currency transactions, reducing wire charges and your firms’ expenses. Bank reconciliation is quick and easy with fully referenced payments and statements.
FEATURES AND BENEFITS
Legal industry expertise
Payment solutions for intellectual property, immigration, settlements, foreign associates’ payroll and payments, partner draws and foreign office funding.
Future payments and credit notes
The convenience of locking-in exchange rates on invoices and credit notes from foreign associates for up to 240 days. Bill your clients a fixed cost and take control of international payments.
Pay foreign associates in over 130 currencies in 200 countries and territories, using your home currency, without the need for overseas bank accounts.
Seamless systems integration
Front and/or Back end integration with Law Practice Management Software (PMS).
End to end invoice management
Automate your firms’ invoice workflow 24/7 – capture, submit, pay and track invoices in 1 online platform, specialized for the legal industry.
Customized reports help to simplify audits and comply with your firms’ controls.