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m-hance Business Case

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Information about m-hance Business Case
Finance

Published on February 18, 2014

Author: marketingTCC

Source: slideshare.net

Description

How The Currency Cloud works with third party apps
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3rd Party Accounting Applications ELIMINATE THE COST AND COMPLEXITY OF INTERNATIONAL PAYMENTS When making cross-border payments, accounting software users typically have to leave their programs and manually complete transactions through their bank or broker (with no transparency on pricing). This interrupted process leads to poor exchange rates, processing errors, complex reporting – and unhappy customers. Case Study m-hance Seamless integration of TCC Connect API enables fast app launch and strong customer interest The Opportunity m-hance, a UK-based company and Microsoft Certified Partner that implements, deploys and The Currency Cloud’s (TCC) unique international Payments manages enterprise systems, wanted to seamlessly offering enables developers to integrate international integrate the accounts payable process into Microsoft payments into the Accounts Payable function, saving end Dynamics GP and AX to make cross-border payments users time, effort and money. By incorporating our service low cost, simple and transparent. into the accounts platform, we help business application This would allow their 2,400+ users to maintain providers and software vendors position international payments equally with domestic payments by eliminating the integrity of their established AP processes, the need to log into a 3rd party application to complete a significantly reduce their banks charges and move transaction. This adds greater value to the solutions while towards a single source of reporting. maintaining the integrity of the current AP process. What TCC Delivered Using TCC Connect API TCC Connect API provides a single point of connectivity, allowing accounting applications to be built within a very short period time while all the complexities are handled by our platform. °° °° °° °° Easy to integrate API that enabled m-hance Currency Connect to be launched in just weeks Full support and domain expertise No upfront costs Simple ROI based on revenue share Connecting through TCC Connect API allows you to Realized Results deliver a richer user experience. With just a couple of clicks, end users are done with their transactions which Thirty days after m-hance Currency Connect was eliminates phone calls or disengagement from the core launched, over 240 clients had expressed an account process, making international payments as interest in using the app easy as domestic ones. Outstanding feedback has been received from users on the app’s automation of the entire °° °° Unique Benefits to End Users End users of accounting applications using TCC capabilities will find cross-border payments to be simpler and less costly, leaving more resources available for the core activities of the business. Other end user benefits include: °° °° °° °° °° °° MC125 payments cycle °° Revenues are forecasted to exceed £300k °° m-hance is extending the integration of TCC Connect API to their proprietary solution in 2013 Guaranteed conversion rates at time of trading Conversions as low as $1.00 Contact Us 100% price transparency To learn more about The Currency Cloud, our payment capabilities, or our API, please contact us at info@thecurrencycloud or call +44 (0)20 3326 8173 Local fund collections and payments in over 30 countries Real-time activity reporting Pre-validation of beneficiary details to minimize payment errors www.thecurrencycloud.com [twitter] @currency_cloud The Currency Cloud Ltd is authorized by the Financial Conduct Authority, under the Payment Services Regulations 2009 for the provision of payment services. (Registration No. 531019)

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