Financial services help medium-sized companies to efficiently manage their financial resources, in addition to minimizing the risks associated with transactions or custody of assets, which allows the organization to grow and achieve its strategic objectives. Below, we will learn about some financial services that medium-sized companies may need.
Multi-currency dedicated accounts
Multi-currency dedicated accounts allow medium-sized businesses to hold, send and receive financial assets in multiple currencies from a single account. It is important to note that the number of currencies available varies depending on the service provider. For example, in the case of Pilsenga, its multi-currency accounts work with more than 30 currencies, providing a flexible solution adapted to the needs of international trade.
Electronic money
Through the electronic money service, medium-sized companies can carry out their transactions or financial operations effectively and efficiently, especially thanks to the use of currencies or digital assets (which are stored electronically), which allows them to streamline their financial operations and have more flexibility, since cash is not used and dependence on traditional banking services is reduced.
Electronic money services are financial solutions designed to meet the needs of many medium-sized companies, as they allow them to manage funds, improve cash flow, send/receive payments quickly, monitor transactions in real time, reduce operating costs, among others. All of this improves the financial management of the entire organization.
Batch payments
Through the batch payment service, medium-sized companies can carry out multiple payments through a single operation or transaction, which allows for several payments to be made quickly and efficiently, in addition to minimizing manual errors and optimizing the financial resources of the entire organization. It is important to note that these payments can be made to both suppliers and workers (payroll payment).
FIAT Online Ledgers
FIAT online ledgers or online accounting books are financial tools that allow medium-sized companies to manage all their transactions and operations (income, expenses, assets, liabilities) in fiat currency (FIAT) online, which allows the company to have better management and control of its financial resources.
Virtual Currency (VC) Ledgers
Virtual currency (VC) ledgers, or virtual currency accounting books, allow medium-sized businesses to record and manage all their financial transactions/operations (income, expenses, assets, liabilities) in virtual currencies or cryptocurrencies.
Digital Wallet (Wallet)
Digital wallets offer medium- sized businesses a practical solution to securely store the private keys needed to manage their cryptocurrencies and other digital assets. These software-based tools stand out for their ability to streamline payment processes and enable more secure and efficient online transactions, thus facilitating the financial management of medium-sized businesses in the digital environment.
Exchange
The Exchange service allows the exchange and trade of financial assets, including cryptocurrencies, digital assets or foreign currencies. By having an Exchange service, medium-sized companies can buy, sell or exchange their digital assets and become part of the financial ecosystem by having access to a real-time exchange platform.
What do you think about this topic? Do you want to know more about financial services for medium-sized businesses?
If you are interested in Pilsenga products or services, you can contact us by visiting the following link.