AFEX Partners With Odoo to Launch Global Payments App

WOODLAND HILLS, Calif., April 23, 2020 (Newswire.com) - AFEX, a leading global payments specialist, is partnering with global business software provider Odoo to launch the AFEX app on the Odoo platform. The app, which is free to download, allows Odoo clients to pay vendors around the world seamlessly and efficiently, in their local currencies, directly from the app.

For growing businesses, processing international payments can be cumbersome, time-consuming, and opaque and leaving your accounting platform to manage these payments can add complexity. The AFEX global payments app for Odoo makes cross-border payments as easy to manage as domestic payments.

The AFEX app gives Odoo clients access to AFEX’s comprehensive global payments infrastructure, compliance and licensing framework through AFEX’s secure and proprietary API technology.

The AFEX API suite automates manual payment processes, including onboarding, beneficiary validation, payment confirmations, reconciliation and reporting. This saves time and reduces errors, increasing operational efficiencies and expanding opportunities.

With the AFEX app, Odoo clients can view and lock in live exchange rates in more than 100 currencies, and send payments securely to 180 countries. The AFEX API technology provides transparency: vendors receive payments in their local currencies, and the business can track the costs in their home currency. The streamlined, innovative solution scales as businesses grow, offering Odoo clients higher cash flow visibility. Users can also take advantage of AFEX’s risk management expertise and personalized service.

ABOUT AFEX

AFEX is a foreign exchange specialist with a heritage dating back to 1979. We are one of the world’s largest non-bank providers, offering cost-effective, secure global payments and unrivaled customer services to more than 35,000 clients from offices across EMEA, the Americas, and APAC. Our fully customizable APIs are unique in the industry, providing frictionless access to our world-class payments network, licensing and compliance infrastructure.

For more information, please visit apisolutions.afex.com.

ABOUT ODOO

Odoo open source ERP is a feature-rich, fully customizable solution that can be specifically tailored to any business. With a fully integrated suite of business modules that encompass the traditional ERP functionality but extend to incorporate a wide range of business functions with a unique modular approach. Customers can start with one application and add other modules later. Please visit odoo.com for more information.

CONTACT

For more information, please visit [email protected] or contact Laura McLoughlin, Partnerships Director, AFEX Americas by phone: 818-728-3814 or email: [email protected]

Source: AFEX