Case Study Deskcasestudydesk.com
Financial ServicesSourced

Case Study: Fewcents saves $10,000 a quarter with Volopay

Fewcents Case StudySourced & dated by Case Study Desk
Key facts · TL;DR
Company
Fewcents
Industry
Financial Services
Challenge
High remittance fees and weak approvals
Headline result
Fewcents saved 4 hours a week and $10,000 a quarter with Volopay

Key results

4 hrs/wk
Time saved
approximately
$10K/qtr
Cost savings
approximately

The challenge

Fewcents (Monetise Pte Ltd), a content-monetization fintech, wanted to enforce strict spending policies and reduce the high foreign remittance fees it paid on online bank transfers. It also needed a more efficient reimbursement process.

The solution

Fewcents adopted Volopay's expense-management system with custom approval workflows and virtual payments that removed remittance fees on transfers.

The results, in context

Volopay helped Fewcents save approximately 4 hours per week and $10,000 per quarter through its expense-management system. The company cited a simple, hiccup-free payment experience.

Products used

Volopay Volopay Spend Management Platform