API Integration & Payment Process

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Our network API-driven payment solutions integrate directly with your ERP or accounting systems, allowing you to:

• Process payments in real time with competitive FX rates applied automatically.
• View and track all transactions in a single platform.
• Export detailed reports for reconciliation and compliance.
• Scale without needing extra headcount

By combining automation with competitive FX execution, we help you cut processing time, reduce operational costs, and maintain payment accuracy

This isn’t just about making payments faster — it’s about creating a payment environment that’s cost-efficient, fully transparent, and easy to manage. By automating and centralising your FX payments, you reduce risk, improve cashflow predictability, and free your team to focus on high-value initiatives

The Challenge

When your business handles a high volume of cross-border payments, manual processes aren’t just slow — they’re expensive. Errors in data entry, duplicated work, and inconsistent rates all add hidden costs. Reconciling payments from multiple systems wastes time your finance team could spend on strategic planning.

A multinational manufacturing group was processing over 15,000 supplier payments each year in multiple currencies, relying on a mix of manual uploads and banking portals. The process was slow, error-prone, and each payment’s FX rate was confirmed individually, leading to:

• Inconsistent exchange rates across similar transactions.
• Processing delays that strained supplier relationships.
• An estimated £180,000 in annual FX-related costs from inefficient execution and hidden fees.

After integrating Currenexis’ API solution

• Processing time dropped by 70%, cutting days of manual work each month.
• FX transaction errors fell to near zero, as rates were applied automatically from a pre-agreed competitive pricing structure.
• Supplier payments became predictable, with the ability to lock rates months in advance and schedule settlement dates to match cashflow cycles.
• The finance team recovered over 500 hours annually, redirecting this time to forecasting, analysis, and strategic planning.

The result was not just operational efficiency — it was a material improvement to both margins and supplier trust, giving the business a stronger competitive position globally.