It is always good to take some time out from the day to day work and get yourself back up to speed on the technology offerings that are available to make life easier. Sometimes you make yourself familiar with some software because the requirement is driven by a client or sometimes something that comes from one of your software partners strikes a cord and makes you look further.
The combination of both of the drivers above made us look deeper at the benefits of implementing the Transferwise functionality in Xero along side the client looking at an alternative banking solution for both foreign currency payments and batch payments to UK suppliers.
Ask yourself the following questions:-
Do you have foreign currency payments that you are incurring very high bank fees for each individual payment?
Do you have a lot of supplier payments that you need to make in one go and have not got an active BACS solution?
Do you use Xero Accounting software?
If any of these questions apply then it may be worth contacting us or looking into it further.
https://www.xero.com/uk/features-and-tools/accounting-software/pay-with-wise/
