More than a borderless account: financial services for borderless businesses
For startups and SMEs: Reduce efforts and complexity of managing international finances as your business grows.
How does HedgeFlows compare to Wise?
WISE |
HedgeFlows |
|
|
Authorised & regulated by the FCA |
✅ |
✅ |
|
Xero Marketplace ratings |
||
|
Capterra Reviews |
||
|
Cross-border payments |
✅ |
✅ |
|
Domestic payments |
✅ |
✅ |
|
Transparent FX markups |
✅ |
✅ |
|
AP Automation |
CSV or API only |
✅ |
|
Global IBAN / Cross-border collections |
✅ |
✅ |
|
FX Forwards |
❌ |
✅ |
|
Customer support |
email only | email, phone & online chat |
| Additional features & modules |
Multi-currency Debit cards, mass payments via API, |
FX Hedging Copilot, Open Banking, Cash Management, Cashflow planning |
WHAT DO OUR CLIENTS SAY:
-
We've switched to HedgeFlows from Wise for international payment runs, and we haven't looked back. Transition was quick and painless, and the support the team has provided was excellent. They reply quickly, are super helpful in terms of giving us a bit of additional training, and have been receptive to our feedback.
The tool has good workflow mechanisms that allowed us to build a process where another employee prepares and checks the payment run, and I only need to jump in at the final stage, limiting the amount of time I spend doing payments.Michal Jahns
Owner, Readwiser -
HF provides a great solution to FX payments around the world and creates time and cost efficiencies throughout the end-to-end payment and reconciliation process.
Jason
Finance Manager, Niarra Travel -
HedgeFlows is a real game changer for us. It's saved us loads of TIME and EFFORT, completely revolutionizing how we handle payments. Its user-friendly interface is loaded with features, making it easy to navigate and highly flexible.
Mohammad
Head of Finance, Vogacloset -
After starting to use Hedgeflows recently, we have not only saved a huge amount TIME and EFFORT but also created a super slick process that has literally changed the way we do international payment runs forever!
Chris
MD, FirstPoint Logistics -
HedgeFlows has made our weekly payment runs far QUICKER and EASIER, and is a great workaround to Xero's restrictions on only creating payment runs for GBP.
Chris
Accountant, Signify Technologies -
It has made making non-GBP payments simpler and cheaper to do!
It also helps recognise where we are exposed as a business to FX rates.Ben
Finance Director, Champo -
We have been using Hedgeflows for almost 10 months now. Brilliant FX service with the sync with XERO works very well.
Sean
Accounts Team, TransferRoom
HedgeFlows vs Wise: Compare the cost of ownership side by side
WISE |
HedgeFlows |
|
|
Starting subscription package |
£45 (one-off) |
from £ 99/month |
|
Monthly allowances |
N/A |
100 Local payments |
|
Foreign Exchange Fees |
0.33% or more | 0.25% - 0.50% |
More than international payments app
HedgeFlows streamlines global vendor and payroll payments by embedding with popular ERP and accounting systems. Select the invoices you want to pay, purchase FX if needed, and send funds to your HedgeFlows account. We automatically handle the mundane bits such as remittance emails and reconciliations.
Join the movement - transform your global finances into a modern digital process and reduce effort and costs.
No More time-sapping BANK TEMPLATES.
No More clunky BACS FILES.
No more waiting for BANK FEEDs.
EXPERIENCE OUR TIME-SAVING PAYMENT RUNS IN 90 SECONDS
Revolutionise your payment process in any currency by connecting your system in minutes:
CASE STUDY
SUPPORTING FAST GROWTH WITH SUPPLIERS & STAFF WORLDWIDE
Moteefe is a rapidly growing e-commerce platform that specializes in selling customised merchandise through social media channels. As an international business, they face the challenge of making payments to suppliers and employees across the globe. Prior to adopting HedgeFlows, their payment processes were manual, error-prone, and time-consuming, involving multiple banks and complex reconciliations.
Technology to prevent fraud and errors
Authorised Push Payment (APP) fraud is a growing problem. Every year, thousands of finance teams are tricked into sending money to criminals using fake or stolen identities. Our global bank account validation helps prevent payment fraud and manual errors.
Confirmation OF PAYEE
BANK ACCOUNT VALIDATION
FRAUD MONITORING & ALERTS
CASE STUDY
How ALICE saves hours EACH WEEK AS HER BUSINESS GROWS
"Being able to pull the invoices and pay them directly with HedgeFlows is great. It's not a challenge anymore. Feeding invoices back — I didn't know that was even a challenge, and now you guys do it for me!"
Hear more from Alice on how her team saves hours each week as they process 100s of invoices in multiple currencies:
From
Subscription includes 100 free local payments in GBP, USD and EUR.
HIGHLY COMPETITIVE
Pay just 0.25% markup above the interbank exchange rate. Without any surprises.
up to
Our clients save up to 80% of their time spent on payment runs when they use HedgeFlows.
Transform how you manage vendor payments today:
1
SIGN UP TO HEDGEFLOWS
Sign up for free using your email address at app.hedgeflows.com/sign-up.
2
Connect your accounting system
Sync HedgeFlows with your ERP or accounting system in a few easy clicks.
3
REGISTER YOUR BUSINESS
Register your business to start saving time and managing finances with HedgeFlows.
Got a question? Here are some popular ones:
What invoices can I pay via Hedgeflows?
HedgeFlows makes paying domestic or international invoices from systems such as Xero, NetSuite or Microsoft Dynamics Business Central easy and faultless. Once vendor invoices are authorised in your system, they appear in HedgeFlows, and you can simply choose the list of invoices you wish to pay. You can fund your payment run from your trusted bank account, and we automatically process any optional currency conversions, make correct transfers, send remittance emails and reconcile back to General Ledger for you!
Do you have an approval process for payments?
Yes, HedgeFlows offers a customisable approval process with individual roles and limits to support your payment run needs.
How safe are payments and funds handled by HedgeFlows?
Independently regulated
Unlike many other payment automation software vendors, HedgeFlows is independently regulated by the FCA as a payment institution (FRN 1008699). This means that we adhere to the highest standards in safeguarding clients’ funds, aligning with the stringent protocols by which all banks and top fintech firms in the UK are regulated.
Named accounts and Safeguarded funds
When HedgeFlows handles client funds to process payments, we segregate them from our operational accounts and always keep them in clients’ named payment accounts. When funds are kept with HedgeFlows for more than one business day, they are safeguarded with authorised credit institutions (banks), meaning they are held separately and can only be used for payments as instructed by our clients.
Automated Sweeps to your Bank
HedgeFlows automates periodic sweeps of unused funds back to bank accounts. This means you can further reduce the risks of erroneous or fraudulent transactions by sweeping any unused balances back to your bank at the frequency of your choice - daily, weekly, or monthly.
Why is it safe to connect my ERP/account to HedgeFlows?
Unlike many other payment automation software vendors, HedgeFlows is independently regulated by the FCA as a payment institution (FRN 1008699). This means that we adhere to the highest standards in safeguarding clients' data and security policies, aligning with the stringent protocols by which all banks and top fintech firms in the UK are regulated.
Your client access is secure using the latest Strong Customer Authentication technologies, and our advanced role-based access controls help you easily assign team members the necessary access rights.
I have an external accountant, can they use HedgeFlows?
Of course, we are working with the leading accountancy practices in the UK already and are helping make foreign currencies simpler for thousands of small businesses in the country. You keep control of the validation of foreign payments, while your accountant takes care of processing the invoices, cash management, and accounting tasks.
Are payment runs made straight from my bank account?
HedgeFlows offers a range of solutions to process your payments. If your bank supports Open Banking services, you can rely on our robust payment initiation technology to make vendor payments straight from your bank by preparing your payment runs in HedgeFlows and securely authorising via Open Banking.
Otherwise, you can also rely on our industry-leading payment infrastructure to process payments via your multi-currency payment accounts with HedgeFlows and simply fund them with a single transfer from your bank.