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Currency Simplified.
Enjoys timely alerts and automated risk management insights
Manages currency workflow from mobile app
24/7 system availability for performing multiple transactions
Tiger International is an importer and supplier of raw materials for furniture manufacturers. When Shlomo Kalvo first started out in 2018, he never imagined that conducting business in foreign currencies would be such a headache. “When you lack an understanding of how fluctuating currency markets operate and don’t have access to financial management tools, your business is vulnerable, and you risk seeing your profit margins wear down consistently.”
Kalvo was unprepared for the sobering reality that in order to purchase foreign currency and transfer it overseas to Tiger’s many suppliers, he would have to waste his valuable time and energy performing multiple transactions which are both confusing and costly.
“The automated updates I receive on an ongoing basis enable me to make important currency decisions that impact our bottom line.”
“The need to deal with currency management issues on an ongoing basis interfered with conducting my daily business activities. I really needed to find a solution to free me. That’s where Okoora comes in.” Since discovering Automated Business Currency Management, Kalvo has been able to manage Tiger International’s currency workflow with total efficiency. “Okoora has transformed dealing with currencies into a simple and positive experience. The built-in methods for managing risks and the automated updates I receive on an ongoing basis enable me to make important currency decisions that impact our bottom line – like when to purchase foreign currency and what types of transactions are best suited for our planned business endeavors.”
In many ways, it’s the unforeseen advantages of the platform that are most appealing to Kalvo . “Not only does ABCM provide me with the most attractive exchange rates in the market – I can take advantage of them on my own schedule. The 24/7 availability of the platform means I’m no longer at the mercy of my bank’s hours or dependent on the advice of a specific financial advisor. I’m getting a premium automated service that saves me valuable time and money that I would have otherwise spent on high fees.”
Customers praise ABCM
“Staying connected to the pulse of the currency markets with ABCM™ enables me to perform transactions according to real-time exchange rate opportunities that best suit me in achieving our business objectives.”
Arik Otmazgin
CEO & Owner
Chavat Hakfuim
“The platform provides a complete picture of the market environment, the currency activity in each and every country, and automated analyses that help Automax in choosing the most correct procurement procedure.”
“ABCM™ is the only platform that addresses the entire currency lifecycle. Highly recommended for any business that manages more than one currency.”
Roye Shayovitch
COO
Wireless Links
“I can open a foreign bank account overseas – at any time of day or night – without ever having to leave my office.”
“Okoora has transformed dealing with currencies into a simple and positive experience.” to manage and mitigate currency risks in a professional and effective manner.”
Shlomo Kalvo
Owner
Tiger International
“ABCM gives us a complete picture of the currency market environment, which helps us to manage and mitigate currency risks in a professional and effective manner.”
“When I consider the number of multi-currency payments we issue on an ongoing basis, there is simply no competition. ABCM stands out as a better alternative to banks and their hefty service charges.”
“Okoora’s ABCM handles all of our multi-currency payments as well as travel cash disbursement for employees. It saves us significant time and effort.”
Gili Loker
CFO
Israel Standards Institute
“Okoora’s hedging tools are based on well-developed methodologies. They assist us in formulating our financing and payment transaction strategies and save us a lot of money.”
Inon Sherez
CEO
Argentools Group
“ABCM changes the way we buy currency and track our global transactions. It’s simple, obvious, and convenient. Their security protocols give me the confidence that the money is safe.”
Vitorio Roie Arbib
Owner & CEO
VI Metals
“ABCM™ provides me with a single address for managing our entire currency workflow. It’s making my life much easier.”
Asaf Bar-Hadas
Owner & CEO
Bar Hadas Agricultural Solutions
