Control your company's finances with Tribal: a credit platform for payments

The technological tools rooted in Mexico have set the standard in terms of transactions and finances in companies. However, the way the economy is managed must evolve to the point that it results in simpler processes that allow CEOs and managers to focus much more on strategies and other parts of the company that need their attention, and ensure day-to-day processes by state-of-the-art technology.

Mexico concentrates companies that are constantly updated; In fact, according to Microsoft, derived from the COVID-19 pandemic, it is estimated that 80 percent of companies in the country made a change in their business, which involved a technological tool as an adaptation mechanism for the new reality. Firms that have not taken that step that represents growth could be left behind.

In this new reality, there are options that allow a company’s payments to be managed more efficiently, even in actions such as transfers, cards or invoices.

In most cases, companies choose to make traditional transfers due to the perception that there are few failures in the process, that most are free, except for transferring large amounts of money, which requires a SEPA transfer to include commissions. , Between other reasons.

However, a better option is the digital payment management of a company, so that it allows access to personalized solutions, more fluid and that provide greater security, leaving aside the limitations of traditional transfers, which increasingly are more obvious.

This is because, on a day-to-day basis, a company can face problems such as wasted time chasing invoices, corporate card turnover among team members, and possible loss, fraud, or cloning of physical cards for payments online, refunds, high transfer fees, inefficient products in digital and visibility issues, and so on.

Managing the payments of a company is not easy, since it implies tasks of administration, control and sending of transactions; You have to be orderly in terms of documentation (for example with invoices, debts, rectifications), validate suppliers, check balances and send money, among other tasks, which can generate bureaucracy within the company, especially if you opt for make transfers in the traditional way.

Fortunately, there are innovative tools that are revolutionizing the way a company manages payments. For this reason, more and more companies have put aside traditional payment methods, opting for a more complete solution that allows them to take their business to the digital age, controlling finances with a digital solution, with Tribal.

Tribal is a payment solution platform that -through the use of the credit line that it grants- integrates corporate cards, credit dispersion to local and international providers, and an expense control system for companies, whose promise of value is to make more efficient control and financial health of customers.

That is, customers can access a control panel that allows them to see the company’s transactions in real time, which also guarantees greater security, regardless of whether it is a solution for both small or medium-sized companies, startups and / or scaleups.

It is a global product and a robust solution with functionalities that promise a synergistic operation for any financial team through a control panel that allows monitoring expenses, dispersing payments to local and international suppliers, and making use of the credit line Tribal, having cards in different currencies, among other high-value functions.

By adopting these types of solutions, businesses benefit both in optimizing their income and expenses, since they have a complete vision of where their resources are going.

Tribal It allows perfecting daily processes such as local and international transactions at no cost, obtaining a corporate card without commissions, interest or annuities for its use, among other advantages.

Companies are facing new market conditions that require advanced and secure technologies, so they cannot be left behind. In this sense, Tribal is the most complete option, since it can act as a balanced tool that helps companies by streamlining their payment processes. Technology is within the reach of companies, the next step is to adopt it and implement it in them.