Business / Case Studies

Professional Services

From 3 Days to 2 Hours on Global Contractor Payroll

A firm paying 140 contractors across 18 countries spent three days a month on individual transfers, each with its own fee. A single batched upload cut that to under two hours and one institutional rate.

Client

A global professional services firm

Solution

Bulk & Batch Payments

Timeframe

Monthly

Client Scenario

The situation.

The firm paid 140 contractors across 18 countries each month. Their finance team spent three days a month initiating individual bank transfers, each carrying a different rate and a £25 fee, and reconciliation was a manual nightmare.

The Challenge

  • Three days of finance time consumed each month on individual transfers
  • A £25 fee and a different rate applied to every single payment
  • Manual reconciliation across 18 currency corridors

How We Helped

Our approach.

1

Single batched upload

The firm submits one file with all 140 beneficiaries and amounts; we process the entire batch in one coordinated action.

2

One institutional rate

All payments in a batch convert at a single agreed rate, no per-payment spread or surprise charges.

3

Automated reconciliation

A full audit trail and reference data for every payment, exported in the format the finance ledger expects.

The Results

What changed
for the client.

Under 2 hrs

processing time, down from 3 days per month

£3,500

in monthly transfer fees eliminated

18 corridors

settled at a single consolidated rate

Key Outcomes

  • Processing time cut from 3 days to under 2 hours per month
  • £3,500 in monthly transfer fees eliminated
  • Single consolidated rate applied across all 18 currency corridors
  • Reconciliation reports delivered in one export, ready for the ledger

"We got three days of finance time back every month, and our contractors are paid on the same day, every month, in every country. It sounds simple, but it transformed our month-end."

Head of Finance

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