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Automated payout management

Depending on your country, organization and current automation level, managing payouts to suppliers can cost up to 15% of all supply chain management costs.

Billing expenses, transaction fees, paperwork, supplier onboarding and multiple reconciliation cycles are just some of the expensive and tedious routines a translation company deals with on a daily basis.

Smartcat makes payouts easy and quick, improving the cash flow, increasing profitability and enhancing relationships with suppliers.

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Automated billing

We developed Smartcat’s billing features specifically for the translation business. The platform automatically calculates amounts due to translation vendors based on their rates and translation memory discounts and the calculations in real time.

This continuously updated billing data is available both for you and for your suppliers. Each of them sees how much they are going to be paid when they get a job invitation. This raises level of transparency and saves time on communication.

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Global payouts is a piece of cake

You can hire and make payouts to vendors — whether freelancers or companies — all around the globe. You just pay one invoice to Smartcat, and it distributes the amount among all suppliers, according to their preferred payment methods. Filling out compliance forms and setting up accounts for local payment systems is not your problem anymore.

You can pay by wire transfer, a corporate bank card, or PayPal. And you can choose from several payment currencies. With Smartcat, all the paperwork is on us, and you have tax compliant expense reports for your country regardless of suppliers’ location.

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Payment methods your translators love

Smartcat supports a wide range of payout methods, depending on the location of your translator:

Bank cards

Prepaid cards issued by Smartcat

International and local wire transfers

PayPal and various local e-wallets

And more coming soon

Thus, you won’t waste time on adapting to your vendors’ payment methods, or have to refuse working with those whose payment methods you can’t support.

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Supplier’s payment dashboard

Your suppliers get online 24/7 access to a payment dashboard that speeds up their onboarding and saves you a ton of time. They can:

Choose the preferred payment method,

Adjust payout rules (e.g., specify a threshold for triggering a payout),

Have Smartcat automatically validate the data by making a test transaction,

Track the payment status.

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Up-to-date
payment statuses

You can check the payment status for every supplier in your payment dashboard, which is in turn synchronized with that of the supplier’s.

This, and prompt email notifications on any status changes, simplifies communication and saves time for your vendor and project managers.

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or get an account and see for yourself!