Managing international payments, reconciling invoices & dealing with local regulations can cause huge headaches. How do you manage this?
Delays receiving funds impacts cash flow and lead to longer debtor days
International funds transfers expose organisations to fraud and compliance risks, which not only have a short-term financial impact but potentially far greater reputational challenges.
Paying from multiple accounts to multiple suppliers based in different countries causes problems with real time data visibility. What funds are going where?
International buying involves large transactions associated with high costs including rising costs of transactions and increased FX exposure
Accounts teams spend a huge amount of time trying to track and trace payments, missing reference numbers and mismatched funds
TransferMate enables organisations to automate and digitize their entire payments process.
Our unique solution provides finance teams with a single interface that improves access control and visibility over spending, helping better manage company cashflow.
TransferMate makes it easy to send digital payments to suppliers, create and execute batch payments across different channels to reduce admin, eliminate errors and prevent fraud.
Reduce payment processing time and improve supplier relationships
Transparent tracking with payment confirmation ensuring visibility over funds flow
Receive funds faster & reduce debtor’s days
Automatic reconciliation reduces admin time spent reconciling payments
Complete and full audit trail within one unified platform with closed loop on FX gain/loss
Eliminate international bank fees and audit charges while reducing FX exposure
One single interface that improves access control and visibility into the timing of payments
“We are pleased to partner with TransferMate to create a simpler way for businesses to manage payments processes. By integrating with Coupa Pay, companies can now manage payments seamlessly, so everyone is spending and paying smarter..”
“Taking something complex and make it look simple, that’s where you can help customers.”
“Collaborating with a leading fintech like TransferMate to bring Global Invoice ConnectSM to market is a powerful demonstration of how partnership and collaborative design can result in real value for customers by significantly reducing the costs and complexities associated with managing international receivables.”
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Use bulk payments to make up to 10,000 payments to employees or partners with a single click