DATABASICS Partners with TransferMate to Offer Global Payment Solutions

November 4, 2024

DATABASICS, a distinguished provider in the fields of expense reporting, time tracking, leave management (PTO), and employee purchasing management solutions, has officially announced a strategic partnership and integration with TransferMate. This collaboration introduces TransferMate’s cutting-edge global payment technology into DATABASICS' Expense solutions, enhancing payment capabilities on a global scale.

Expanding Global Reach

Through this integration, DATABASICS can now offer its customers a seamless experience for direct deposits of employee reimbursements worldwide. This partnership is a testament to DATABASICS’ dedication to providing flexible, comprehensive solutions tailored to meet the dynamic demands of global enterprises. By tapping into TransferMate's network, which encompasses over 200 countries and supports more than 140 currencies, DATABASICS bolsters its global operational reach.

Benefits for DATABASICS Customers

The DATABASICS and TransferMate alliance offers key benefits, including:

  • Streamlined International Payments: Customers can now manage global payments directly through DATABASICS Expense, simplifying cross-border transactions and ensuring efficiency.
  • Improved Efficiency: By embedding global payment functionalities into its expense reporting, DATABASICS eliminates manual processes and reduces the possibility of errors.
  • Enhanced Financial Controls: Financial teams, including Controllers and CFOs, will benefit from a unified process to handle global employee reimbursement payments.
Chris Harley, VP of Sales at DATABASICS, emphasized the significance of the partnership: "TransferMate aligns perfectly with our commitment to global customers. By integrating their payment network, we're expanding our service offering for customers with a global presence looking to reimburse in local currencies. This partnership showcases our dedication to continuous improvement and problem-solving, ensuring that DATABASICS remains at the forefront of delivering the most value to our customers."

This collaboration further cements DATABASICS' status as the leader in flexible, high-performance expense reporting solutions that are adaptable to each customer’s specific business needs.

For further information on how this partnership can benefit your business, please contact:

Chris Harley
VP of Sales
DATABASICS
chris.harley@data-basics.com

For media relations or press inquiries, please contact:

Steve Sullivan
VP of Marketing
DATABASICS
610-324-5402
ssullivan@data-basics.com

About DATABASICS

DATABASICS delivers award-winning solutions in expense reporting, time tracking, leave management (PTO), and employee purchasing management designed to offer value, performance, and adaptability. Committed to fulfilling customer needs, delivering exceptional support, ensuring implementations optimized for success, and focused on problem-solving, DATABASICS serves a diverse array of clients across multiple industries, from regional enterprises and nonprofits to global corporations.

About TransferMate

A subsidiary of CluneTech, TransferMate is a pioneering global B2B payments technology company. It enables companies to efficiently send and receive cross-border payments through its extensive network, which spans over 200 countries and supports more than 140 currencies. Founded in 2010, TransferMate operates on the foundation of its 92 regulatory licenses.