Payments to vendors have been efficient and timely, saving precious time for the team to analyse trends and improve spending needs. Issuing company cards to multiple departments have been a breeze, and managing department costs were easy to track.
Saved on average: 117 hours and $44,325 a yearCalculate how much your company would save
Aside from expediting expenses processing, Aspire’s ability to do rebates accorded to expenses supporting business growth was definitely the icing on the cake.
Saved on average: 117 hours and $38,800 a yearCalculate how much your company would save
Aspire’s suite of automation tools revolutionized the way we approach expense management. Now, our teams on the ground have a way to make purchasing decisions easily without the hassle of out-of-pocket expenses.
Co-Founder and CEO
Saved on average: 1,155 hours and $198,565 a yearCalculate how much your company would save
Aspire gave our team the flexibility to make their own purchasing decisions that were otherwise impossible with a more conventional banking solution.
Saved on average: 600 hours and $70,000 a yearCalculate how much your company would save
Our partnership with Aspire has given us just the tools and insights we need to prepare for any scenario. Thanks to our new expense management solution, we can continue to scale and take on bigger and more exciting clients and projects.
Saved on average:760 hours and $73,000 a yearCalculate how much your company would save
A global account is an account specifically designed to manage finances across different currencies. It simplifies dealing with multiple currencies, which is especially beneficial when conducting international transactions, such as purchasing goods or transferring money to individuals or entities in foreign countries.
A global account is invaluable for businesses engaged in global trade that require seamless cross-border financial management. Global accounts can help provide cost savings through reduced currency conversion fees, streamlined international payments, and access to international financial opportunities.
Yes, you can open a USD, GBP or EUR account in Singapore, and you have two main choices. Traditional banks like Citibank, OCBC and UOB offer global accounts, but this typically involves visiting a branch, providing necessary documents, and meeting minimum deposit requirements.
Alternatively, fintech providers like Aspire offer a quicker and more convenient option. With them, you can open a global account entirely online, often within a day. Keep in mind that account features and fees can vary widely, so it's essential to research thoroughly to find the right global account that suits your needs best.
A global account is an invaluable asset for businesses with international operations. It simplifies expenses such as travel, foreign invoices, and online purchases from international merchants. This account streamlines transactions with clients who pay in USD, EUR, GBP, IDR or SGD, eliminating the need for currency conversion and exchange rate fluctuations.
Furthermore, having a global account ensures readily available funds, providing the flexibility to cover various expenses or convert to SGD when favourable exchange rates apply. It also enables businesses to diversify their portfolio by trading in multiple currencies, gaining a competitive edge, and making significant savings during repeated transactions.