TransferMate Integrates with SAP Concur to Simplify Global Payments
In an SAP Concur podcast, TransferMate VP of Sales Michael Cullen discusses challenges of cross-border payments. Traditional processes are manual, time-consuming, and costly. TransferMate's technology and global banking infrastructure enable payments in 162 countries and 134 currencies, integrated with Concur Invoice for automation. This reduces labor, improves accuracy, and enhances security. Cullen notes that automation can condense a full day's work for 10 AP staff to 2-4 people.
Impact and considerations
Cross-border payments are complex and costly; automated solutions significantly reduce labor, improve efficiency, and lower compliance risks.
Key points
- TransferMate enables payments in 162 countries and 134 currencies.
- Integrates with Concur Invoice for automated payments.
- Automation condenses a full day's work for 10 AP staff to 2-4 people.
- Automatically flags security issues and sanctioned countries for compliance.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 7 Sept 2022, 17:36
- Page published
- 14 Aug 2026, 08:30
- Last updated
- 7 Sept 2022, 17:36
- Original links
- SAP Concur Blog：Easily Make Global Payments: An SAP Concur Conversations Podcast with TransferMate (opens in a new tab)Primary source · en · Published 7 Sept 2022, 17:36