Qbit Helps Overseas Enterprises Accelerate International Business Expansion!
发布时间：2024-08-05
Nowadays, there are more overseas enterprises going out to expand their business globally. Then, the ensuing business dealings with foreign suppliers, KOLs, and different types of partners will also increase. However, the complexity and uncertainty of cross-border business often bring many challenges to enterprises, especially in global distribution and payment.
Challenges to global distribution
1、Complex expense management structure. The lack of real-time monitoring and intelligent management tools can easily lead to expense overruns, wasted funds and financial risks. In addition, with the increase in the number of payments, financial processing is prone to errors and low efficiency.
2、Cross-border payment involves different currencies, exchange rate fluctuations and bank charges. Traditional payment methods are not only cumbersome processes, but also costly. Enterprises often face problems such as payment delays when dealing with cross-border payments. If you can not pay in time, it is likely to affect the next step of the operating plan.
3、Enterprise employees travel frequently or need to pay in multiple scenarios, the demand for cards increases, and problems such as personal advances and time-consuming reimbursement can occur, affecting work progress and experience.
Source: Qbit
Qbit is committed to building a mature payment ecosystem for more overseas enterprises, with more convenient ways to solve the payment, account management and other problems plaguing overseas teams.
Qbit covers 180+ countries and regions, and supports 40+ mainstream currencies. Enterprises can initiate batch payment commands through Qbit web client and make payments to multiple payees at the same time; they can also realize comprehensive payment automation through APIs to simplify the process and enhance the efficiency of capital flow, effectively saving the transaction costs of enterprises.
In addition, for the reimbursement problems of enterprises, Qbit employee card has a built-in expense management system, which can facilitate the submission of invoices and vouchers, eliminating the need to worry about advances and cumbersome reimbursement processes, so that employees can enjoy a more relaxing and enjoyable consumption experience, while financial management is also more convenient and smarter.
Qbit's global distribution function is still being optimized to meet the growing demand for transactions, and Qbit will continue to expand the number of supported currencies and actual payment application scenarios to empower overseas enterprises to complete international payments more easily and quickly.
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