Background
PwC is a professional services, offering a broad range of audit, tax and advisory services. PwC helps keep track of the numbers, makes tax simple and assist businesses to changing operating environments.
Challenge
PwC's legacy payroll provider charged substantial FX fees.
Existing payroll solutions did not work with PwC's ERP software, creating administrative roadblocks.
Solution
TransferMate proposed their Global Payables solution product to PwC.
TransferMate's payment solution reduced fees and FX rates and conferred substantial savings to PwC in the partnership's first year.
TransferMate's integrations with PwC's accounting software substantially reduced employee paperwork, relieving the significant annual administrative burden.