Case Study: Serveast cuts supplier payment time in half with Memo Bank

How Serveast pays its suppliers twice as fast

Serveast, an IT reseller, was facing significant challenges with its main bank, including unreachable support and delayed transaction approvals that hindered its ability to pay suppliers promptly. These banking inefficiencies threatened the company's reputation for responsiveness. To solve this, Serveast turned to Memo Bank for its supplier payment operations.

By switching to Memo Bank, Serveast gained a dedicated, responsive relationship manager and an easy-to-use banking platform that simplified adding beneficiaries and executing transfers. This solution from Memo Bank enabled Serveast to cut its payment processing time in half, ensuring suppliers are paid twice as fast and securing the company's operational efficiency.

Serveast

Patrick Girard

Founder and Chairman of Serveast