Industry
Healthcare
Company Size
1,200 employees
Location
Boston, US
Products Used
FX, Transfers, Compliance
HealthFirst paid suppliers across 18 countries while each bank applied different FX spreads and approval steps.
Finance teams lacked a single view of supplier payments, leaving avoidable costs hidden until month-end reconciliation.
NeoBank consolidated supplier payments into local-currency wallets with audit-ready approvals and real-time FX visibility.
Local-currency payouts
Pay suppliers without repeated conversion fees
Approval workflows
Route high-value payments to the right owners
Compliance records
Keep payment evidence attached to every transfer
“We finally have one reliable view of every international supplier payment.
MMaya Chen
Controller, HealthFirst