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Currency Simplified.
Issues payments to suppliers all over the world in multiple currencies
Performs transactions according to real-time exchange rate opportunities
Leverages 24/7 availability of platform on PC and mobile
Chavat Hakfuim (“Frozen Farms”) is an importer and distributor of quality frozen food products, with a focus on serving Israel’s demanding retail and institutional markets. Their diverse offering includes a wide selection of fries, fruits, vegetables, pastry doughs and plant-based products, as well as beef, poultry, and fish. The company’s annual imports reach some €2 million.
“We’re always on the lookout for the finest quality products that the global marketplace has to offer”, says Arik Otmazgin, the CEO and owner of Frozen Farms. “That also means that we constantly need to work in multiple currencies to conduct our business transactions, which requires a lot of knowledge and pro-active involvement.”
“I use ABCM to cover a lot of bases, from issuing payments to suppliers all over the world in multiple currencies, to using its boards to manage the entire lifecycle of our daily currency transactions.”
That’s precisely where Okoora’s Automated Business Currency Management (ABCM™) comes into the picture. “With Okoora, I get a real-time view of the currencies that are relevant to my business activities – delivered in a clear and simple format. Staying connected to the pulse of the currency markets with ABCM™ enables me to perform transactions according to realtime exchange rate opportunities that best suit me in achieving our business objectives.”
Otmazgin is highly enthusiastic about the versatility of the platform: “ABCM™ has become an indispensable financial toolset for me to run our complex currency operations. I use it to cover a lot of bases, from issuing payments to suppliers all over the world in multiple currencies to using its boards to manage the entire lifecycle of our daily currency transactions. Best of all, it’s such a simple, straightforward, and effective platform.”
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
