To avoid getting caught in a race to the bottom on price, FX providers must win against competitors on user experience.
The process of uploading supplier details and reconciling foreign currency transactions is painful for customers and acts as a barrier to adoption.
With Codat, cross-border payment providers can automatically sync transaction data, supplier details, and invoices with accounting and ERP systems, saving time for customers and making their solution the preferred payment method.
Grow share of wallet
65% of businesses use 2 or more payment providers. Save customers time by automatically syncing foreign currency transactions with accounting platforms to make your solution first choice.
Increase competitive win rate
41% of small and medium sized businesses would not use a payment provider that doesn’t connect to their accounting or ERP system. Win more deals with high quality integrations.
Reduce payment errors
Pull supplier details directly from customers’ accounting platforms to avoid human error when setting up payments and improve customer experience.
Find out how Codat could work for you
Embed your product in the heart of customers' finance operations.
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