Get a centralized view of your international payments
You face unique challenges when it comes to your invoicing and accounting needs. Particularly when you’re dealing with high volumes of multi-currency jobs that need to be carried out with precision multiple times a day, every day.
Native integration to foreign exchange specialist OFX means you can initiate international payments via OFX based on the invoices you choose to pay directly from within CargoWise, accelerating your cross-border payment processes and eliminating the need to re-enter payment details across systems.
Initiate payments via OFX based on the invoices you choose to pay directly from within CargoWise and avoid re-entering payment details across systems.
Check and compare OFX exchange rates directly in the CargoWise platform.
Easily permit multiple users across your team to check and accept rates and complete international payments via OFX.
Multi-factor authentication technology ensures only dedicated account holders can make changes to beneficiaries. Beneficiaries can be added and edited via OFX and linked to CargoWise for seamless processing.
Optimize your processes with workflow automation tools and track key events and changes for OFX quotes and transfers.
Facilitate seamless transactions in multiple currencies.
Avoid the limitations of funding your foreign currency deals with local currency. Choose to fund with the currency that best suits your financial goals.
This powerful feature allows you to default to your local currency or choose a specific currency for funding, contributing to a customized and efficient transaction process.
OFX streamlines this process by offering a cross rate between your selected funding currency and the payment currency. This eliminates the requirement to solely transact in your local currency, providing greater flexibility in the oversight of international transactions.
Streamline your payments and manage all your FX payments at once.
Elevate your financial processing capabilities with enhanced batch payment functionality, designed for seamless handling of multiple currency transactions.
Imagine handling multiple transactions (regardless of currency), in a fraction of the time. Batch payments are your ticket to a faster, error-free, and cost-effective payment experience.
Specifically designed for handling foreign exchange payments in bulk, experience a cohesive and user-friendly experience, that provides a seamless solution for managing diverse transaction volumes.
"I can’t always be the go-to-guy for authorizing payments, I’m way too busy for that. So, the more integration the better, because transfers done from CargoWise leave an audit trail so I can see who did what when. Internally we offer our clients a trusted environment, OFX and CargoWise now reinforce that trust, by integrating our high levels of supply chain & online security with theirs.
With fewer moving parts and fewer potential pain points, the more confidence I now have that we can remain focused on selling solutions, not creating the problems that come from delaying the cogs of international commerce. Best of all this new platform is “plug and play”, OFX and CargoWise are the plugs, they’ve created the platform, so I get to play - and that’s an exciting new development for international freight markets."
John Macaulay | Managing Director at Embassy Freight Services
OzForex Limited (trading as OFX) regulated by ASIC (AFS Licence number 226 484) | ABN 65 092 375 703 | Member of the Australian Financial Complaints Authority (AFCA)
This information has been prepared without taking into account the investment objectives, financial situation and particular needs of any particular person. OFX and its related bodies corporate make no recommendations as to the merits of any financial product referred to in this document. Please read our Product Disclosure Statement and our Financial Services Guide at ofx.com.