Case Study: Basiq saves time and money with Cape

How Basiq save time and money with Cape by empowering functional spend

Basiq, an open banking and CDR-accredited API platform, needed a solution to control functional-level spending and minimize foreign exchange fees on its numerous SaaS subscriptions. Their manual process with traditional credit providers was complex and time-consuming for the finance team, prompting a search for a better alternative from a vendor like Cape.

To solve this, Cape provided Basiq with its corporate cards and expense management platform. This solution delivered multiple cards for the organization, enabling streamlined spend controls and budgeting while eliminating foreign exchange fees. The tangible outcomes for Basiq were significant savings on FX fees and a substantial reduction in the time required for the finance team to manage expenses.

Basiq

Ryan Manoo

Finance Team