Easily Make Global Payments: SAP Concur Conversations Podcast with TransferMate
SAP Concur and TransferMate discuss the challenges of cross-border payments, including manual processes, high fees, and compliance issues. TransferMate's automation solution reduces labor and improves efficiency, supporting 162 countries and 134 currencies.
Impact and considerations
Corporate finance teams can reduce labor costs, improve accuracy, and enhance compliance by automating cross-border payment processes.
Key points
- Cross-border payment processes are highly manual, time-consuming, and complex, with high bank fees.
- Automation can reduce the number of staff needed to process international payments from 10 to 2-4.
- TransferMate integrates invoice approval and payment approval processes, reducing double-checking.
- TransferMate supports payments in 162 countries and 134 currencies, providing a secure and cost-effective solution.
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