onPhase taps TransferMate for cross-border payments

onPhase has partnered with TransferMate to add cross-border payment services to its finance platform, making TransferMate its exclusive international payments partner.

Under the arrangement, finance teams using onPhase will be able to manage supplier payments across North America and other international markets within the same system they use for accounts payable and related workflows. The integration is aimed at businesses with vendors and suppliers operating outside the United States, including across EMEA and APAC.

onPhase sells software that combines accounts payable automation, payments, document management, online forms, and workflow automation. By linking TransferMate's payment infrastructure to that system through an application programming interface, onPhase extends its process from invoice handling to payment execution for customers that trade internationally.

For TransferMate, which focuses on embedded business-to-business payments, the deal broadens its reach in the spend management and financial operations software market. It says it is regulated in 93 jurisdictions and holds 100 licences, which it describes as the largest e-money and payments licence network among fintech groups.

Platform expansion

For onPhase, the partnership addresses the needs of customers who already work with overseas suppliers and want to avoid using separate providers for domestic and international payments. The setup is intended to reduce manual workarounds and consolidate payment activity and financial data into a single platform.

The agreement leaves onPhase's domestic payment services in place while making TransferMate its exclusive cross-border payments partner. That gives the software provider a single international payments provider as it supports customers with operations across North America and beyond.

Gary Conroy, President and Chief Commercial Officer at TransferMate, said the deal reflects changing expectations among finance teams.

"Finance teams are increasingly looking for ways to streamline operations, reduce manual processes, and manage payments more efficiently without leaving the systems they already rely on," Conroy said.

"By partnering with onPhase, we are embedding global payment capabilities directly into financial workflows, helping organisations automate international payments, improve efficiency, and gain greater control over their payables processes. It's a partnership that demonstrates our continued commitment to supporting the evolving needs of finance leaders through embedded financial infrastructure," he said.

Customer demand

Businesses using onPhase have been asking for broader payment support as supplier bases spread across multiple regions. Many customers already work with counterparties that have operations across North America, EMEA, and APAC.

Robert Michlewicz, Chief Executive Officer at onPhase, said the partnership is designed to meet that need within existing finance workflows.

"Many of our customers already work with suppliers that operate beyond the United States and have locations across North America and broader EMEA and APAC markets. This partnership allows us to better support those customers, giving finance teams the ability to execute payments within the same workflows they already rely on to pay their suppliers domestically," Michlewicz said.

"When cross-border payments run on the onPhase platform, finance teams gain a complete picture of cash and payables. This visibility enables optimising working capital and keeping pace with their growing business demands. We continue to invest in the capabilities our customers need to run their financial operations with greater efficiency and confidence, and this partnership directly aligns with that commitment," he said.

The tie-up comes as finance operations software providers seek to bring more payment functions into the systems used by accounts payable teams. For customers, the appeal is being able to handle approvals, documentation, audit trails, and payment execution in one place rather than across multiple tools.

onPhase says its platform is built to connect financial processes with the underlying documents and operational data tied to those transactions. Adding international payment support extends that model to overseas supplier payments without requiring customers to leave the platform.

TransferMate says its infrastructure lets customers pay, receive, store, and hedge foreign exchange in one system. In this partnership, that infrastructure will sit behind onPhase's customer interface, giving users access to international payment services from within the software they already use for payables management.

The partnership is intended to simplify how businesses manage accounts payable and international payments at scale while giving finance teams tighter oversight of payment controls and cash visibility.