A
Arcadia Labs
Customer story
Industry
Biotech
Team size
210 people
Headquarters
Boston, USA
Products used
Transfers
Accounts
Invoicing
The challenge
Arcadia pays researchers in 12 currencies, and each payroll run involved manual rate checks and several banks.
The switch
The team began holding local balances in KAFO and scheduled payroll as a recurring batch.
Theo Marsh · VP Finance
The result
Payroll now takes two hours, with an average FX spread of 0.4%.
