Four Functions Caxton Payments Software and Service Can Facilitate For Your Clients and Accounting Practice
Access to advice matters – and that’s why your clients have chosen you. You understand your clients’ business and their needs. They trust you to be on top of all the options. You know how to make their business run more efficiently, more profitably, and what steps to take to work towards their business goals.
At the same time, you need to know the most efficient ways to run your own accounting practice! Here are four things to consider, to run your clients, and your own business practices more efficiently.
Do business, globally with multicurrency payments in one place
Domestic or international. Exporter or importer. Pay suppliers and staff from around the world, in an instant – as if they were around the corner. Your clients are happy when money goes in and out at all the right times. Never have that ‘where is the money?’ moment with Caxton’s multicurrency payment services. Keep your clients happy, and avoid late fees with secure same-day, next-day, and scheduled overseas transfers. Reach payees in over 195 countries and territories. Choose from 28 different currencies and exchange over 750 currency pairs.
Help your clients understand and mitigate currency risk
Whatever the nature of your clients’ business, payment in foreign currencies poses an inevitable risk – due to the fluctuating nature of FX markets. Abrupt changes in rates – like those we are seeing now - can affect the value of currency exchanges, leaving your client prone to losses.
Work with Caxton’s expertise to understand projected foreign currency exposure, across 28+ currencies, develop a plan that is complemented by a range of hedging solutions. From SPOT, Market Orders to Forwards, we will find the right combination to help you reduce currency costs, protect profit margins, and forecast with confidence for your clients.
We also have a load of free content that will demonstrate you are the best in the business. Check out the Daily Market View, join our Monday morning listen in briefing to understand risk for the week, and watch our weekly economic summary to stay on top of multicurrency advice for your clients. A personal call or meeting with our head of market intelligence, Michael Brown, is always available to make sure your multicurrency and risk advice is tailored and personalised to each client.
Cut supplier or payroll payment time in half
You have got the calculations ready – you just need to get the payments out fast! Whether local or global, ensure your clients staff and suppliers are paid on time, every time via our platform – make high-volume payments in just a few clicks. Send up to 1,000 single or multiple currency payments in one file. Our powerful online platform can help remove manual administration, speed up payments, and help you manage payroll and any other business payments, all from one place.
Automate business expenses and ease accounting time spent on paper receipts
Help you clients ditch the box of receipts and control their staff and business spending with our business expense management system. Pre-loaded, Stirling or multicurrency expense cards, real-time tracking of purchases and receipts logged by photograph. The only thing that will make it easier is the risk-free three month trial so you can be sure of the products you are recommending.
Book a time for a quick confidential chat about how we can support your practice and your clients business with every payment, one platform.