DATABASICS Partners with TransferMate to Enhance Global Expense Solutions
DATABASICS, a leading provider of expense reporting, time tracking, leave management (PTO), and employee purchasing management solutions, has announced a strategic partnership and integration with TransferMate, a prominent global business-to-business (B2B) payments technology firm. This collaboration aims to enhance DATABASICS’ expense solutions by incorporating TransferMate’s advanced global payment capabilities.
Expanding Global Reach
By integrating TransferMate’s technology into DATABASICS’ expense reporting solutions, customers will gain the ability to support direct deposits of employee reimbursements, regardless of where their users operate worldwide. This partnership highlights DATABASICS’ commitment to delivering comprehensive, adaptable solutions that meet the evolving needs of global enterprises, leveraging TransferMate’s network of over 200 countries and 140 currencies. TransferMate provides a global, end-to-end payments platform that enables secure, multi-currency international payments, handling nearly every currency globally.
Benefits for DATABASICS Customers
The partnership will deliver several key advantages:
- Streamlined International Payments: Customers can process global payments directly through DATABASICS Expense, simplifying cross-border transactions.
- Improved Efficiency: The integration of global payment functions into DATABASICS Expense Reporting reduces manual processes and the risk of errors.
- Better Financial Controls: Finance teams, Controllers, CFOs, and other financial decision-makers will benefit from a unified process for managing global employee reimbursement payments.
Chris Harley, VP of Sales at DATABASICS, commented on the partnership: “TransferMate aligns perfectly with our commitment to global customers. By integrating their payment network, we’re expanding our service offering for customers with a global presence looking to reimburse in local currencies. This partnership showcases our dedication to continuous improvement and problem-solving, ensuring that DATABASICS remains at the forefront of delivering the most value to our customers.”
This partnership reinforces DATABASICS’ position as the leading provider of flexible, high-performance expense reporting solutions that can be customized to meet each customer’s unique business requirements.
