Case Study: Profound Commerce streamlines global payments and saves time with Airwallex

Profound Commerce scales its businesses with Airwallex

Profound Commerce, a brand holding company in eCommerce, acquired 15 distinct businesses and needed a better way to manage the complex payments and bill pay requirements across its portfolio. With a five-person finance team handling multiple international vendors and suppliers, the company was spending up to two hours a day on payments and dealing with the burden of multiple accounts and banking relationships. Profound Commerce used Airwallex Global Accounts and Payments to simplify these operations.

With Airwallex, Profound Commerce unified payment management for all 15 businesses on a single platform, replacing multiple logins and fragmented processes with one centralized financial hub. The result was a dramatic time savings: payment work dropped from two hours a day to 30 minutes, improving issue resolution by 30%, saving 7+ hours per week, and reducing foreign currency transaction costs by $1,200 per month.

Profound Commerce

Foley Schmidt

Chief Financial Officer