As a business owner, it’s important to remember that running a business isn’t about taking things one day at a time – you need to work on future growth as well. At the same time, you need to be working on financial management, which is one of the most crucial aspects of a successful business. This includes planning and organizing all the financial responsibilities of your business. But when you’re stuck trying to meet objectives such as optimum utilization of funds, creating safe investment opportunities, and maintaining cash flow, it becomes difficult. So, this Flyfish review will discuss an ideal solution and how it addresses the problem.
Though it’s possible to continue managing finances and payroll using software, it still doesn’t address all your issues. Most importantly, you may not get the comprehensive solutions that are necessary for the industry in which you operate.
Combine Your SEPA and SWIFT IBAN
One of the first things you’ll do when registering with Flyfish is to fill out information about your company for a dedicated IBAN. This way, you can combine both your SWIFT and SEPA IBAN for a number of perks. Your business can unlock greater financial opportunities by accessing a comprehensive solution for global reach. As a result, you no longer have to deal with the hassles of international banking and can make cheaper payments to vendors and suppliers from anywhere in the world.
Whether it’s a SEPA or SWIFT transfer, you can make it instantaneously with your unique IBAN. In fact, you can also make multi-currency SWIFT payments to suppliers based in a different country. By opting for a unique IBAN, you don’t just get greater convenience, but ensure that financial assets remain secure. Plus, you’ll feel more confident while conducting transactions. Other add-ons you get include fraud detection, multi-factor authentication, and encryption.
Get Flexible Security Features
Thanks to the impressive security measures provided by Flyfish, you can easily protect your business’s financials from possible threats. At the same time, you can guarantee the safety of international transactions. Speaking of which, Flyfish has secured certifications from recognized industry authorities, proving that it adheres to high standards of quality and security. Any business that chooses the Flyfish dedicated business IBAN can expect a secure infrastructure.
Moreover, it ensures a quick and seamless onboarding process that takes as little as 24 hours and doesn’t require a credit check. This service elevates your corporate financial operations, and once you have greater control over expenses, it becomes much easier to maintain transparency and security.
Get Customized Solutions
When you choose regular payroll services, such as off-the-shelf software, you’re not getting much value. This is especially the case if you operate in an industry that requires you to come up with a custom solution anyway. That’s where Flyfish comes in – it allows you to customize every aspect of the payroll and financial management process. For instance, if you’re ordering business debit cards for your employees, you won’t need to worry about unnecessary expenses. That is because once you have the Flyfish business account, you get centralized control over all aspects of your corporate cards and IBANs.
This can include setting specific rules or limits for your business debit cards and limiting the risk of out-of-policy purchases. Now, for a transaction to be approved, it needs to meet certain criteria; otherwise, it’ll be declined. Similarly, you can choose to enable alerts in the event of certain activities, like ATM cash withdrawals or purchases from certain merchant types.
Create As Many Accounts As Needed
A great thing about the Flyfish solution is that it’s scalable, so it grows with your company. You won’t be limited to a specific package or model. Similarly, you don’t have to worry about being a certain size before your business can get a dedicated IBAN. In fact, companies of any size, regardless of their industry, can benefit from better payroll management and their own IBAN.
Once you grow, you can create more accounts so that it’s easier to pay vendors, suppliers, and partners. At the same time, it’ll be much more convenient to receive payments from clients based in different parts of the world. And it all starts with a simple process of signing up for a Flyfish business account!
Bottom Line
To summarize the features I’ve discussed so far in my review on Flyfish, here’s a quick explanation of how it works. One of the primary benefits of signing up with Flyfish is that you can combine your SWIFT and SEPA corporate payroll services for increased convenience while making international transactions. The other advantage is that you can use various security features for a more flexible and customized approach. Thirdly, you have the option to set different rules to customize limits and regulations. Finally, your business can create as many accounts as needed to run operations.