Monday 16 Sep 2024
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Cash flow to business is what blood is to our bodies - the unsung hero quietly doing its part to keep things running smoothly. Operations? Checked. Expansions? Checked. Pay suppliers and employees on time? Checked!

Globally, two-thirds of SMEs are part of the global supply chain, making them highly reliant on cross-border payments. Managing cash flow this way can be costly - according to a World Bank study, the average cost of sending money is 6.2% of the transaction amount. That can really hurt your bottom line.

In fact, studies have found that 60% of SMEs in Malaysia experience cash flow issues. With only about 2 months' worth of cash flow reserve, the average SME in our country is extremely vulnerable to economic shocks.

This is where Tranglo Business comes in - the new cash-flow hero in town designed to streamline cross-border payments and improve your cash flow.

The cash-flow hero

Tranglo Business is the brainchild of Tranglo, a global fintech company with over 15 years of experience connecting billions in cross-border funds for these leading companies, according to its website.

Unlike traditional banking systems, which often impose hefty fees and have slow processing times and many regulatory hurdles, Tranglo Business uses proprietary technology to bypass intermediaries via direct integration. This eliminates financial red tape and allows you to better manage cash flow.

Speed saves money

When your cash flow is running on fumes, the last thing you want is slow payments. Traditional channels can take days to process transactions - not ideal when all you want to do is stay competitive. In fact, even wholesale providers process only 40% of cross-border payments instantly.

Tranglo Business boosts that number up to 80%, processing most transactions instantly. This means you can respond to market demands swiftly, keep your funds liquid and avoid the hazards of prolonged FX fluctuations.

Thanks to its superpower to bypass intermediaries, Tranglo Business offers a lower transaction fee that gives you more reason to grow your business. It also has the bells and whistles that satisfy regulators and customers alike. With Tranglo Business, speed and reliability never compromise security.

Make a savvy decision

The global marketplace is an arena where only the savvy survive. Hence, modern businesses need modern cross-border payment solutions like Tranglo Business, which give SMEs the agility not just to participate but to thrive in the global supply chain.

If you are ready to transform your cash flow, talk to Tranglo experts. They have exclusive access to Tranglo Business, the cash-flow hero ready to swoop in and turn the reds into blacks!

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