Airwallex vs. SAP Card Management

Airwallex suits small to medium businesses that need to have transactions in multiple currencies. This can be as simple as a small business that pays for advertising with Facebook or paying for Saas platforms in USD.

Incentivized

It is an incredible tool for companies with frequent travel or frequent expenses with corporate cards, companies that are seeking automation of processes, who want technology over a simple and manual expense reconciliation done in excel. Particularly helpful in markets where country tax system and needs are very strict, and invoice and receipt records are required

Incentivized

• Cross border payments
• Virtual Cards
• Payments

Incentivized

• Tracks Expenses
• Ease of use
• Requires approved request

Incentivized

• Excellent payroll solution that enables one to pay multiple international accounts.
• Helps reach new markets with foreign currency accounts.
• It makes bookkeeping easy and sync capabilities.

Incentivized

• Modify approval flow can be hard
• Speed between card company and the app. Bank app is immediate, it can take up to a few days to have expenses reflected in SAP Card Management apps

Incentivized

Payoneer was more expensive for transfers and it was less featured than Airwallex.

Incentivized

SAP Card Management stacks up against the rest because of it's flexibility in use. We selected SAP Card Management because it is user friendly and helps management track spending and reports on areas where savings can be found. I recommend any SAP product they are extremely helpful and a great Return on Investment.

Incentivized

• Saved money on bank fees
• Saved money on FX transfers

Incentivized

• Time reduction of reconciliation of expenses vs. manual process in excel
• Avoids loosing records of expenses and receipts
• Manager reports can help identify high spenders or late reporters (impacting in late fees)

Incentivized