Industry: Trade (Import/Export)
Headline: "Expanded Reach and Increased Revenue by 40%"
Title: Trading Up with Financial Automation
Short Description: Global Trade Hub in Nairobi, Kenya, needed to manage international transactions. FYNANCE’s tools grew their business globally.
Detailed Description:
SME Intro: Global Trade Hub, a 4-year-old import/export company in Nairobi with 10 employees, facilitates trade across borders, but international finances were complex, a common issue for trade SMEs.
Problem: Multiple currencies and slow payments delayed funds, while tax compliance across countries risked penalties. Forecasting was challenging, affecting growth.
Solution: FYNANCE’s multi-currency support simplified transactions. Tax automation ensured compliance, while AI predictions improved cash flow forecasting.
Outcome: Revenue increased by 40%, expanding trade networks. Accounts receivable reduced by 30%, saving on potential fines, eyeing Asian markets.