Case Study: Goodstack achieves efficient high-volume batch payments with OFX

Goodstack scales charity disbursements to 400 charities with OFX

Goodstack, a company providing API solutions to connect corporate donors with charities, and its charity arm, Intelligent Foundation, faced a challenge with rigid and inefficient batch payment processes from traditional banks. They needed a flexible, high-volume solution to disburse donations efficiently and with strong governance. They turned to OFX for its batch payments service.

By implementing OFX's batch payment platform, Goodstack gained an efficient, intuitive system for processing high-volume payments via CSV uploads. The solution provided real-time status updates, clear audit trails, and streamlined approval workflows. This resulted in increased efficiency and scalability, allowing Intelligent Foundation to grow the number of charities it supports from 180 to over 400 while saving significant time on disbursements.

Goodstack