Simple steps to streamline international receivables

As the business world continues to shrink and more deal are transacted across borders, more and more businesses have to learn how to send a receive payments internationally. While it may seem easy just to use your current banking system, it could also put your accounting teams in a situation where they are constantly trying to track and reconcile payments. Not to mention, you could be waiting for a much-needed payment as it makes its way through a cumbersome process. Luckily it doesn’t have to be this way. There are…

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How to simplify paying international invoices

Due to lack of technology integration, making international payments can take significant time with manual processes to issue payments, reconcile payments and resolve errors when paying overseas suppliers through your traditional brick-and-mortar bank. Let’s think for a second about the amount of transactions an international organisation would process on a monthly basis. With just a couple of overseas suppliers, or using the services from another international firm, the figure can quickly accelerate to hundreds, thousands and tens of thousands of cross-border payments. There is an easy solution to managing international…

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How to improve your international invoicing and scale your business

Reduce cross-border friction and save money with TransferMate and Wells Fargo Cross-border business is no longer reserved for large multinational corporations. Businesses of all sizes are connecting with suppliers, customers, vendors, and services around the world, and expect to send and receive money across borders with the same transparency and speed as their domestic payments. Traditional wire payment methods are not meeting these expectations and established financial institutions are looking to innovative solutions to meet their customer expectations and reduce cross-border payment friction. For banks and software providers, an easy…

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TransferMate and Coupa to Provide Unified Invoice Payments

New partnership links international payments technology to business spend management platform through Coupa Pay, enabling a simpler B2B payments process TransferMate, one of the world’s leading cross-border B2B payments providers, today announced a new strategic partnership with Coupa Software (NASDAQ: COUP) – a leader in Business Spend Management (BSM) through its payments offering, Coupa Pay. By linking the companies’ technology, the new relationship – announced at Coupa Inspire’19 in Las Vegas today – offers a simpler way to process B2B payments and invoice payments. TransferMate, a globally regulated entity, will…

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Transforming B2B Cross-Border Business with the Launch of the TransferMate API

Developer portal allows businesses to integrate international payments directly into their current systems TransferMate, one of the world’s leading cross-border B2B payments providers, today at Money2020 Europe in Amsterdam launched the TransferMate API, allowing software partners and business customers access to its globally regulated payments technology through direct integration. With the ability to securely embed same-day, cross-border payments in 162 countries and 134 currencies directly into treasury, accounts payable or ERP systems, the TransferMate API can handle thousands of payments at once, reducing administrative workload and saving businesses time and…

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