Post-pandemic, Applatus Technologies grew steadily in the SaaS and IT space in Indore. With its commitment to excellence, the company attracted international clients. However, its rapid growth came with a major problem: inefficient cross-border payment systems that hurt profits and slowed expansion.
A high transaction fee, a long settlement cycle, and a poor forex rate were more than just inconveniences; they eroded the company’s profits and slowed its expansion. Payments made overseas were delayed and inefficient due to outdated systems, further complicating the transaction for clients in the US, UK, Australia, and Canada. A company that prides itself on providing fast and efficient solutions was struggling with payment-related inefficiencies.
There were many Indian businesses operating globally that faced similar challenges to those encountered by Applatus, highlighting the need for more efficient and cost-effective solutions to meet the needs of modern global commerce. It wasn’t just Applatus that faced these challenges.
A Strategic Partnership with BRISKPE
Applatus Technologies founder Harshwardhan Patel explored alternative solutions to overcome obstacles. BRISKPE, a global payment platform, promised faster settlements and better forex rates, which convinced him to try it.
With BRISKPE’s transparent fee structure and faster settlement, Applatus gets paid in less than 48 hours instead of 5-7 days. Due to the increased transparency, the company was able to better forecast its finances by not only receiving payments more quickly, but also avoiding hidden fees that are associated with traditional banking.
Harshwardhan says “Compared to banks, BRISKPE is very quick and much easier”.
Seamless Financial Management with BRISKPE
Applatus Technologies transformed its cross-border payment processes with BRISKPE’s innovative platform, resulting in faster settlements, improved cash flow, and better financial management.
- Applatus Technologies’ BRISKPE mobile app revolutionized financial management by streamlining the entire process. Managing transactions and tracking payments is easy with an app that has a simple interface.
- Being able to manage finances on the go and get real-time interest rate updates help make financial decisions faster.
- Unlike bank systems, where you must navigate through the process and wait for confirmation on the other end, BRISKPE eliminates all of those hassles.
Measurable Business Impact
Through its innovative platform, BRISKPE enabled Applatus Technologies to accelerate cross-border payments, improve cash flow, and streamline financial management.
- Faster Settlements: With BRISKPE, the settlement process has been sped up, enabling payment cycles to be reduced from 5-7 days to less than 48 hours.
- Improved Cash Flow: Quicker settlements enabled Applatus to meet financial obligations without delay, boosting the company’s operational stability.
- Enhanced Customer Experience: Applatus’ services are now easier to use for customers because they are faster to start and easier to get on board.
- Increased Profitability: Higher forex rates and lower transaction fees allowed for higher profits, allowing the company to invest in expansion.
According to Harshwardhan “The rates you all are giving are the best, no one is giving at such good rates”. - Operational Simplicity: Applatus can focus on its SaaS offerings and IT infrastructure by using simple payment partners such as BRISKPE, which allows it to simplify payments.
- Strategic Partnership: Through the partnership with BRISKPE, Applatus expanded its global presence and pursued projects of a greater scale.
Applatus Technologies was positioned for sustained success in the global market because of BRISKPE’s transformative solutions.
A Strategic Partner for Global Success
Applatus was also able to expand their client base and pursue larger projects with a more efficient payment system thanks to the partnership with BRISKPE. BRISKPE assured Harshwardhan that payments would be made on time and that financial risks were reduced, so he was able to invest in innovation and explore new markets with confidence.
Looking Ahead
Applatus Technologies remains committed to its partnership with BRISKPE as part of its global strategy. This company’s success demonstrates how innovative financial solutions can transform companies. Businesses facing similar challenges can make cross-border payments efficiently and effectively with the right partner and tools.
BRISKPE stands out as a reliable ally for businesses seeking global success through speed, efficiency, and transparency. It is still early days for Applatus Technologies with BRISKPE, but the future looks bright.
Looking to Scale Globally Without the Payment Hassle?
Whether you’re a SaaS founder, freelancer, or services firm dealing with global clients BRISKPE offers the reliability, speed, and savings you need to grow.
Try BRISKPE and future-proof your payments.