Expansion Blocked by Payment Complexity

Your business is ready to scale, but your payments infrastructure isn’t.
A growing Dutch online retailer had begun sourcing from five new Asian suppliers. But managing multiple currencies, payment deadlines, and FX fees through their bank was creating chaos. They were losing visibility, overpaying on conversions, and frequently late on payments.

What happens next?

• Suppliers start demanding earlier payments.
• Inventory delays start affecting customer satisfaction.
• Finance team spends hours reconciling transactions.
• Expansion becomes unsustainable.
• Growth stalls just as it begins.
• Operational costs increase.

📉 Operational friction threatens international success.

The solution: Currency Conversion & Wallets by SimpelFin
💡 “We gave them full control over FX and supplier payments.”

➡️ Unified platform to manage all currencies.
➡️ Hold, convert, and pay in local currencies, on their terms.
➡️ Mid-market rates, no auto-conversions.
➡️ Integration with existing procurement workflows.
➡️ Consolidated reporting for finance and operations.

What did this mean for their business?

✅ Cut FX costs by 40%.
✅ Suppliers paid on time, trust improved.
✅ Finance team freed up 15+ hours/month.
✅ Expanded supplier base in Asia with confidence.
✅ Net margins improved by 1.7% across all SKUs.
✅ Customer delivery times reduced by 2 days.

Who is this perfect for?
Retailers and importers managing multiple suppliers across different currencies.