A German B2B company exporting EV charging stations to Eastern Europe ran into trouble. Banks in some target countries were slow, expensive, or didn’t support large euro transfers smoothly.
đź’Ą The friction:
- Delayed payments of over €500K per quarter
- Partners hesitating to place large orders
- CFO stuck troubleshooting cross-border issues weekly
- Growing compliance burden due to differing bank requirements
SimpelFin’s Local IBAN Infrastructure Removed All Barriers
By providing local euro accounts in the receiving countries, SimpelFin cut through the noise.
âś… The transformation:
- Payment turnaround dropped from 9 days to 1.5 days
- Partner trust and order sizes grew by 40%
- Finance team refocused on growth, not fixing delays
- Reduced international banking fees by 65%
- Enabled direct ERP integrations, boosting financial transparency
They now expand internationally with speed, confidence, and zero payment friction.
Geef een reactie