Client Testimonial
"Riva Money transformed our global payment process. We've cut costs significantly, our employees get paid faster, and our finance team finally has the transparency it needs. It's a game‑changer for us."
— Ben Tellez, Talent Force Global
Case study: How a global staffing leader cut payment costs and reduced operational complexities
By partnering with Riva Money, a leading staffing and recruitment firm operating globally streamlined its high‑volume international payments — improving settlement speed, enhancing transparency, gaining greater control over cash flow, and significantly reducing transfer costs.
The Challenge
Managing hundreds of monthly payments across multiple currencies globally was complex, expensive, and time‑consuming.
- High bank fees were eroding margins.
- Slow settlement times caused cash‑flow challenges for employees, contractors and partners.
- Lack of transparency made reconciliation difficult and created an administrative burden for the finance team.
The company needed a faster, more cost‑efficient, and transparent solution — without compromising on compliance or security.
The Solution
Riva Money deployed a dual-rail global payments platform, harnessing blockchain alongside other payment technologies to deliver faster, more transparent, and cost‑efficient cross‑border transactions.
- Centralised platform to manage payments in multiple currencies.
- Faster settlement times, reducing cross‑border delays.
- Clear, upfront pricing with no hidden bank charges.
- Real‑time tracking and reporting for the finance team.
- ERP integration for effortless bookkeeping.
The client was onboarded quickly and efficiently, enabling them to begin processing international payments with minimal disruption to their existing operations.
The Results
Since switching to Riva, the client has seen:
- 56% reduction in transaction costs compared to traditional banks.
- Settlement times went from about 4 business days to around 1 day for most currencies.
- Time savings of ~20 hours per month for the finance team through streamlined reconciliation processes.
- Increased trust and satisfaction among employees, contractors, and partners thanks to faster, more reliable payments.
Ready to simplify and accelerate your global payments? Book a demo and see how we can help your business scale more efficiently.
