Case Study: Konnectedly Cuts Global Payment Time from Two Days to Two Hours with TransferMate Global Payments

Konnectedly - Customer Case Study

Konnectedly, a company that supports software projects and IT system upgrades with consultants and partner companies around the world, needed a faster way to manage monthly multi-currency payments across many countries. Using their old banking process, they had to enter payments one by one, approve them individually, and deal with high fees and difficult reconciliation.

Using the TransferMate Platform, Konnectedly now uploads payment files to a web portal, pre-approves batches, and pays beneficiaries without re-entering details each month. With TransferMate, payment processing time dropped from 2 days to 2 hours, while costs and manual admin work were also significantly reduced.

Konnectedly

Diana Lorincz

Finance Consultant