FX Advantage International Payment Platform from SSI cuts costs saves time on cross-border B2B money transfers

08 Apr FX Advantage International Payment Platform Cuts Costs, Saves Time On Cross-border B2B Money Transfers

Posted at 15:42h in Freight Payment, SSI News, Supply Chain Optimization by

The FX Advantage™ international payment platform is a convenient, easy-to-use resource for executing cross-border B2B money transfers. If you are frustrated by the high foreign-exchange transaction fees charged by your financial institution, the FX Advantage payment solution is a wise, money-saving alternative to consider.1 In fact, your business may save 50% or more on every international transaction compared to what most banks charge.

Further, with this do-it-yourself payment tool, you will no longer be tied to slow, traditional banking schedules. Settlement times are reduced from days to minutes, which means you can execute payments in real-time.

So, whenever it is convenient – or optimal for your company  – you can pay global supply chain vendors, transportation carriers, and other international businesses that require payments in their local currencies.2

Up until now, the FX Advantage platform has only been available to SSI global freight bill audit customers that handle their global accounts-payable functions in house. Now, we are offering this global-payment resource to a much wider range of companies. Whether we currently audit your freight bills or not, you may now enjoy the many benefits this platform delivers. To learn more, email us at info@ssui.com.

FX ADVANTAGE INTERNATIONAL PAYMENT PLATFORM PROVIDES NUMEROUS BENEFITS TO YOUR BUSINESS

  • Real-Time Payments: Pay on demand rather than relying on traditional banking schedules.
  • Speed: Fast processing reduces settlement time from days to minutes.
  • Cost Savings: Save 50% or more on every transaction compared to what most banks charge.
  • Rate Certainty: Avoid currency fluctuation risk – rates lock at the time of transaction.
  • Global Reach: Send funds to 200+ countries in 150+ non-sanctioned currencies.3
  • Ease of Use: Quick set up, intuitive user interface, reduced labor vs. traditional methods.
  • Versatility: Complete international-business transactions with any non-sanctioned entity.
  • Convenience: Recipients receive payments in their country’s currency.
  • Goodwill: Prompt payments help you maintain harmonious business relationships.

FX ADVANTAGE: GLOBAL B2B PAYMENTS MADE EASY – HERE’S HOW IT WORKS

FX ADVANTAGE PAYMENT PLATFORM PROVIDES TRANSACTION SECURITY

Our platform provides industry leading security that ensures safe, stable transactions.

  • Account Protection: Multifactor authentication & cryptographic digital signatures.
  • Financial Control: You transfer funds directly to the recipient’s bank account.
  • Banking Continuity: Your current bank, bank account and banker relationship remains unchanged.
  • Blockchain Records: You have secure access to your transaction history.
  • IT Security: Zero risk of IT vulnerabilities to your business, because no IT integration is required.

Please note that access to the FX Advantage cross-border payment platform is only available upon request and requires some set up time and training. To make inquiries or to request access and training, please email us at info@ssui.com.

ABOUT SSI

A FedEx-certified freight bill audit & payment (FBAP) service provider, SSI serves the needs of supply chain, operations, logistics, shipping and finance executives. We transform the complexity of global FBAP into cash savings and supply chain intelligence, providing actionable insights to maximize your profit potential.

  • Customizable solution scales with your growing and dynamic business needs.
  • Automated freight audit drives savings to the bottom line.
  • Over 30 years of experience in transacting international payments for our customers.
  • Fintech platform pays freight invoices in 150+ currencies, at favorable exchange rates for those who want to keep international payments in-house.
  • Cutting-edge data visualization facilitates analysis.
  • Actionable business intelligence supports supply chain optimization and operational efficiencies.

To learn more, email us an inquiry at info@ssui.com.

Footnotes:
1. FX Advantage™ is a trademark of SSI, Software Solutions Unlimited, Inc., an AFS Global Technology Solutions, LLC Company.
2, 3. The FX Advantage platform is unable to complete foreign currency transactions with recipients, countries, or any person or entity currently sanctioned by the Office of Foreign Assets Control, which operates within the U.S Department of the Treasury.

SSI blog post entitled: FX Advantage international payment platform cuts costs, saves time on cross-border B2B money transfers