On this page
Why month-end takes so long
Step 1 — Connect every account
The fee you never see
Most providers advertise low transfer fees and take their margin in the exchange rate. On $2M of annual payouts, a 1.5% spread costs $30,000 that never appears on an invoice.
How to measure yours
Compare the rate you were given with the mid-market rate at the same moment. Do it for ten payments and you have your real spread.
Anna Becker · Customer Success
How to reduce it
Hold balances in the currencies you pay in
Batch payments to the same corridor
Ask for the spread in writing
What good looks like
Under 0.5% is a healthy target for common corridors, and well under that if you hold local balances.
💡
Tip: re-run your spread check every quarter. Rates drift when nobody is looking.
Keep reading
Report
The 2026 State of Business Payments
We analysed 4.1M payments across 12,000 teams. Here’s where money gets stuck — and how the fastest teams unstick it.
Jonas Weber
12 min read
Guide
How to close your books in 11 hours, not 5 days
A step-by-step playbook from finance teams that moved reconciliation to real time — without hiring.
Jonas Weber
6 min read
Product
Multi-entity accounts are here
Run every subsidiary from one login with shared approval rules.
Mei Tan
4 min read
Get the KAFO money brief
One email a month. No spam, unsubscribe anytime.