Payment solutions for a tech company
Alice, a software developer, had her back office teams located all over the world. Her colleagues in Bulgaria, Lithuania and the Philippines requested that they be paid in their local currency.
1 minute readShe was happy to accommodate, but knew she would need help. In trying to find an effective foreign currency exchange provider, Alice had been stuck with lost transfers, poor rates and the inability to forecast her costs based on the fluctuating foreign currency markets.
Forecasting to cut costs
Alice turned to moneycorp who provided her with a wealth of experience in sending payments to emerging markets in Eastern Europe. Together with her dedicated account manager, Alice put together a long-term plan for Alice to accurately forecast her costs for future currency payments.
From then on, Alice was able to ensure her payroll was delivered to her employees in the most efficient, cost-effective manner possible.