Billbeez, a suite of financial solutions designed to simplify the daily operation of SMBs and one of
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the fastest-growing fintech companies today, has formed a partnership with Payoneer, the digital payment platform empowering businesses around the world to grow globally, designed to enable US businesses to make international payments directly from Billbeez. This mutual offering helps bring companies even closer to their international suppliers. Bills can be paid immediately or scheduled regularly, simplifying the payment process and reducing costs.
The recent COVID-19 pandemic and the operational impact it imposed, on businesses of all sizes, and in particular small businesses, requires an immediate paradigm shift in the way they operate (working remotely) and their workflows, to deliver the same value while hoping their cash flow won't take a hit. With Billbeez small businesses and their financial advisors can become more efficient, reduce costs and get insights on their financial operations.
As part of the Billbeez and Payoneer partnership, Billbeez has integrated with Payoneer's payment platform to provide customers a secure and seamless way to pay remote vendors and outsource contractors overseas as easily as they do local ACH transfers.
The partnership also allows Payoneer to offer its customers a financial suite that complements Payoneer’s existing payment products and give their customers an all in one solution. The Billbeez suite offers both companies’ customers a platform that supports their daily financial decision-making and bill payment processes with confidence.
“Never before was it more important for businesses to have simple and intuitive tools to manage their finance and pay their vendors”, said Chen Cohen, Billbeez CEO. "That's why we're excited to partner with Payoneer, a world leader in international payments. Together, we're helping businesses simplify their international and domestic payments, while saving them time and money ".
“Payoneer continues to prove its commitments to the businesses of all sizes, especially during these difficult times” said Eyal Moldovan, General Manager at Payoneer. “Our partnership with Billbeez extends opportunities to entrepreneurs and SMBs to grow their business and reach their suppliers and vendors, wherever they are. By linking account payables and international transfers, Payoneer and Billbeez are unlocking value for our customers by making it easier than ever to manage and expand their businesses."