Case Study: Aboard saves thousands in banking fees and eliminates branch visits with Venn

Aboard saves thousands in banking fees with Venn

Aboard, a Canadian-based workflow automation company serving US healthcare clients, faced significant banking challenges due to its cross-border operations. The company, which charged customers in USD but paid expenses in CAD, struggled with a traditional bank that required in-person branch visits for basic tasks and a cumbersome expense reimbursement process that created administrative overhead for its small, remote team.

By implementing Venn's multi-currency business banking platform, Aboard gained access to CAD, USD, and EUR accounts and utilized Venn's prepaid corporate cards. This solution eliminated the need for branch visits, simplified foreign exchange management, and replaced manual reimbursements with direct spending controls for employees. As a result, Venn helped Aboard save thousands of dollars per year in banking fees and significantly reduced administrative work, giving the founder direct control over the company's finances.

Aboard