TransferMate Global Payments
TransferMate is a global, end-to-end, B2B payments platform which sends & receives secure, multi-currency, international payments fast and efficiently, handling almost every currency globally.
A smart way to manage international payments
AccountsIQ has partnered with the global payments company, offering customers a new way to access FX rates for payments, automated from within the finance system. Customers can make and receive international payments whilst saving a great deal of time on what can be a very cumbersome administration task.
Our accounting software now integrates with market-leading TransferMate, providing customers with significant cost-savings on their international payments.
How will clients benefit?
- Access competitive FX rates and instantly benefit from significant savings on international payments.
- Faster settlement time and auto reconciliation as it is handled from within the accounting system.
- Greater control over payment settlement through our approval workflow.
- Reduction in time and hassle involved for senior finance staff in dealing with FX payments and subsequent booking within the accounting system. Benefit from a simplified, international payments process that is accessible for all.
Watch this short video to explain the benefits the partnership will bring to AccountsIQ’s customers.
AVERAGE SAVINGS FOR 100 FX PAYMENTS PER MONTH:
€45 cost savings per payment = €54,000 p.a.
7 mins savings per payment = 18.5 admin days p.a.
Example of how much you can save with TransferMate: AccountsIQ’s CEO, Tony Connolly did a straight comparison between a €20k transfer he needed to make into Sterling, comparing our bank quoted cost and the TransferMate cost. AccountsIQ’s integration with TransferMate saved €410 on that one transaction, a saving of 2% (on a batch of payments equalling €100,000 in value, this would equate to c. €2,000!)
Read the details of AccountsIQ’s partnership with TransferMate in our Press Release
Sound compelling? If you are interested to learn more, get in touch.