Starting your own business in a highly competitive industry is quite difficult. The only way to get ahead is to focus entirely on delivering an excellent product. But if you do that, what about other responsibilities like managing payroll or paying suppliers? Don’t worry; you can leave that to a global payment platform like Flyfish. In this detailed Flyfish review, I’ll give you a complete overview of what you can expect from this platform in terms of services and benefits.
Manage Expenses and Payroll Without Any Hassles
With Flyfish, you can a multi-option payment system that allows you to get funds and send them, making it easier to pay employees, affiliates, contractors, and suppliers. Not to mention, you can receive payments from customers on time, allowing you to maintain a steady cash flow. Corporate payroll management with Flyfish is a breeze because you can pay both local and international teams at the same pace to boost morale and productivity among workers.
When you outsource payroll activities to a professional system, you say goodbye to calculating salaries manually. But besides making the payroll much more accurate, it can also take the load off your shoulders, giving you more time to focus on crucial aspects of business, like product development or cost management. At the same time, the experts at Flyfish will make sure that your business complies with current regulations when it comes to paying for overtime and withholding taxes.
Run Large-Scale Operations With Convenience
The most notable aspect of Flyfish, at least for me, is that you can scale its functions as you expand. So, even if you start using the service as a new business or small family-owned company, you don’t have to make the switch to a completely new platform as you grow. It’s a core, defining feature of the platform, and is why it has gained traction among companies from different industries and of all sizes. Once you scale your business, you can make mass payments to suppliers and handle corporate expenses with ease. Moreover, you can also integrate a corporate IBAN into your existing software without any worries.
Even if you don’t have to pay an entire network of suppliers, you can still benefit from Flyfish’s offerings as a small business. Through their corporate payroll functions and debit cards, you can manage things like payroll and day-to-day expenses without any worries. As your business grows, you can stop focusing on these things individually and automate supplier payments and payroll.
Track Debit Card Expenses In Real-Time
If any team members in a specific department have had to make an urgent purchase for a project, you’ll know how much of a hassle the reimbursement process can be. They’ll need to get the purchase approved and then, they have to spend out-of-pocket and get a reimbursement later.
On the other hand, you have to scour through paper receipts to make sure that the relevant person gets paid. However, this traditional process is time-consuming and inefficient. In contrast, corporate debit cards offer a solution. These are built with impressive security approaches to protect users from potential fraud and unauthorized transactions. With advanced security measures, you and your employees can get complete peace of mind.
When your teams have corporate debit cards on hand, they can settle company bills as soon as possible, all while maintaining uninterrupted operations and building stronger relationships with your network. In fact, an added security measure is that you get centralized access to debit cards, allowing you to disable any card to avoid restricted purchases.
Sign Up Quickly For a Corporate IBAN
When I was exploring the Flyfish website, one of the most important things I noticed was how user-friendly the entire process is. In just a few steps, a business owner can quickly register with the global payment platform and enable features like business debit cards, payroll management, and a corporate IBAN. With a unique IBAN for your business, you’ll be able to manage, send, and receive money both within the EEA and globally via SEPA and SWIFT transfers.
It’s entirely possible to use dedicated IBAN corporate accounts for all types of business activities. And if you deal with international clients, you can make quick cross-border payments without dealing with long waiting times.
Bottom Line
All in all, there are various perks associated with choosing Flyfish as your global payment partner. With a team of experts, they’ll make sure that your corporate payroll process is compliant with current regulations surrounding taxes and overtime. I also noticed that they have a simple signup process that doesn’t even require you to leave the home or office – you can register from anywhere. And as soon as you sign up with the platform, you can enable features like corporate debit cards and a corporate IBAN.
