Finofo

"So what do you guys do?" This is one of the most frequently asked questions we encounter, no matter where we are! And let’s be honest, no one wants to sit through a long explanation or a boring sales pitch about feature 'X' or the platform. We're dropping something really special here—a super cool video that shows off what Finofo is all about in under 90 seconds. And for all the design and video enthusiasts, we’ll be sharing the behind-the-scenes of making this video soon! Give it a watch! 👇

If your business makes payments to UK suppliers, there’s one term you’ve probably come across—sort codes. They’re critical for ensuring your funds reach the right place within the UK banking system. But did you know using traditional banks for this process could be costing you time and money? Here’s the problem: Unfavorable exchange rates eat into your profits. Payment delays strain supplier relationships. Wire fees add unnecessary costs to every transfer. With Finofo, there’s a better way to send payments to the UK. Get your own UK bank account details with just a click—no need to register a business or open an entity in the UK. You’ll get: $0 wire fees for all transfers. Real-time payments, ensuring fast and seamless supplier transactions. The ability to hold and convert funds in GBP with zero fees. Still curious about sort codes and how they work? Read our latest article to learn more and explore smarter payment solutions👇 https://lnkd.in/g7tQKYHK #GlobalPayments #UKBusinessPayments #InternationalFinance

Feature Spotlight: Bank Feeds with Finofo 🚀 Last month, we launched Bank Feeds, and it is already making a huge impact on our customers. Why? Because it is cutting down AP processing times from hours to just minutes. Here is the magic: ✅ Sync, Pay, Reconcile – Finofo seamlessly syncs unpaid bills from your ERP, enables global bulk payments in under five minutes, and automatically updates your ERP with all completed transactions, including bill payments, deposits, and card transactions. ✅ Always in Sync. Transactions update every 60 minutes with Sage Business Cloud, Sage Intacct, and NetSuite. QuickBooks Online, Xero, and Dynamics 365 are on the way. ✅ Less End of Month Stress. Automate reconciliation and breeze through month end and quarter end book closings. Think of all the time your team could save. No manual data entry. No double checking spreadsheets. Why not join them? Start using Finofo and see how much easier your AP process can be for you and your team.

Need historical mid-market rates downloadable with minute-by-minute accuracy? We've built a free tool that gives you instant access to mid-market exchange rates for ANY currency pair. Select your currencies and time range to get data by the MINUTE (yes, actual minute-level data!), hour, or day. Compare these rates against your bank or broker's FX quotes to spot their hidden markups. Try it now - link in comments 👇

"We’re paying $30 to $40 for our supplier payments to Hong Kong, and it takes at least 2 to 3 business days to reach them." 🤯 This is what we heard from a customer at a mid-market company recently. They were using a 🇨🇦 legacy bank, dealing with high wire fees, and losing an extra 0.75% on every FX transaction to suppliers in Hong Kong. When we introduced them to Finofo’s platform, they saw how they could send real-time payments to Hong Kong in CNY, HKD, and USD while saving significantly on costs. The feedback has been incredibly positive. Here’s how Finofo can help if you’re in the same boat: ✅ Open your CNY, HKD bank accounts to hold and manage your funds. ✅ Send supplier payments through local payment rails (FPS) instantly. ✅ $0 wire fees. ✅ Fixed FX spreads and currency conversions all through the year in real-time. Want to simplify your supplier payments to Hong Kong? Check the link in the comments for more details. 🚀

Friday vibes at Finofo! 🍕 From pizza feasts to cracking escape room puzzles - making memories with the best team! #TeamFinofo #TeamBuilding

Feature spotlight: Finofo Tags 🚀 We launched Finofo tags and real-time transfers two months ago, and the response from our customers and prospects has been phenomenal. Every business using Finofo gets a unique code that makes money movement simple: ✅ Managing businesses across North America? Move money instantly between your US and Canadian entities in any preferred currency. ✅ For supplier payments, just add their Finofo tag as a beneficiary - then send funds in real-time, any currency, anytime. ✅ Expecting customer payments? Share your tag with your business customers. Once they add you as a beneficiary, they can transfer funds instantly. No more payment delays, unnecessary wire fees, or waiting for bank hours. Haven't checked this feature out yet? Full details in the changelog article linked below!

The message is clear: AP teams are spending too much time for global payments on banking platforms. Manual data entries, repetitive tasks, and endless hours. It’s a process stuck in the past. With Finofo, what used to take 10 hours now takes just 10 minutes. Your weekly AP run, simplified. No hassle, no wasted time. Want to know how? Shaune has the answer. Book a call with us, link in comments! 👇

Consistency Pays Off 🚀 Our content generation strategy has started delivering results, and the numbers speak for themselves: ✅ 85.9K clicks ✅ 2.93M impressions What’s surprising? We didn’t do anything groundbreaking during this time. We simply focused on consistently creating valuable content for our website visitors. This growth is a reminder that success often comes from sticking to the basics. Sometimes, all it takes is patience and persistence. If you’re in the middle of building something, trust the process. Things take off when you least expect it. #ContentMarketing #GrowthStrategy #KeepGoing #Consistency

We shipped an enterprise-grade SSO feature in just a week.🚀 Introducing SAML SSO configurations for Finofo! It all started with a customer request, and our Engineering team got to work. They scoped it out and built it in record time. Now, just a week later, the integration is live! With SAML SSO, you can seamlessly integrate Microsoft Entra (formerly AD), Okta, Google Workspace, or any custom SAML provider with your Finofo account. Simplify your login process and manage all your applications with one secure sign-in. Check out the full details in our latest changelog. Link in comments 👇