It’s here. The age of the virtual workforce.
Most of us are working from home right this second (thanks, COVID-19). And, this requires access to technology that is reliable, integrated, safe and cost-effective.
Recently our CEO, Chantal Sheehan wrote a guest feature article for Bill.com that shares one client’s story about maintaining operations during the global pandemic. This client, whose programs include microfinance, education, food, health care, and social support to orphans and women in East Africa, recently revamped their hiring practices and wanted to source talent and services anywhere in the world. But this presented some challenges in terms of payment fees and internal controls. “What is the best way to pay an international vendor?” they asked.
In the full article, International Payments for Nonprofits Made Easy, our CEO explains that this client’s success is possible because they’re using the latest and greatest financial technology. Plus, they recently implemented (per our recommendation) the international payments feature on Bill.com which offers these 4 key advantages:
1.Maintain a consistent audit trail and internal controls.
2.Save big on bank and wire transfer fees.
3.Save even more by paying in local currency.
4.Keep vendors happy with secure, accurate bank data collection and wire/payment codes.
Our full article gives specific details and examples. It’s a must read!
Then, give Blue Fox a call at (321) 233-3311 or email us when you’re ready to “virtualize” your back office operations. When that’s taken care of, you can focus on what really matters: your mission and serving your community.
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Welcome to the Blue Fox Blog! A fairly entertaining source of info and news related to our company, nonprofits, social sector trends, and, of course, accounting. Enjoy!
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