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Manage Your End-To-End Accounts Receivable With Skydo

Manage Your End-To-End Accounts Receivable With Skydo
anoosh-kotak
Anoosh Kotak26 December 2023

Business owners know that a good sale ends only when the client’s money hits their bank account. Along with service delivery, receivable management is equally important to manage a business. For instance, GlobalTech Solutions is a tech-based company that operates in multiple countries and deals with various clients and vendors.

They face numerous challenges: 

  • Diverse currencies and payment terms
  • Varying financial regulations
  • Fluctuating exchange rates that eat into profitability

Moreover, time differences and varying banking practices often result in delayed payments, leading to longer accounts receivable cycles that must be effectively managed for the company's financial success.

Transparency is a major concern in today's global market, as tracking payments and reconciling accounts with cross-border transactions becomes increasingly difficult. This lack of clarity can lead to errors and financial losses.

The solution? Accounts Receivable Assistant! With the market expected to grow from USD 2.72 billion in 2023 to USD 4.76 billion by 2028 at a CAGR of 11.84%, it offers numerous benefits such as time and cost savings, improved efficiency, and better financial management for businesses dealing with high volumes of transactions.

Introducing Skydo - Your End-To-End Solution

Skydo is a standout in the field of accounts receivable management. Skydo streamlines the end-to-end process, providing unmatched efficiency for businesses navigating cross-border transactions and diverse currencies in the complex financial landscape.

Here are some key features of Skydo:

Transparency

We track and record every transaction, payment, and invoice so you can clearly and accurately understand your financial standing and make informed decisions.

Save 50% on every international transfer
Receive from 150+ countries
Get global accounts
Zero forex margin