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OFX vs Payhawk

OFX: International money transfers and currency accounts for businesses Payhawk: Spend management for cards, expenses, travel and procurement

Comparison of OFX, Payhawk
OFX
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Payhawk
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CategoryCurrency ExchangeSpend Management
Platforms
  • Web
  • Web
Best for
  • Small businesses
  • Importers and exporters
  • Finance managers
  • Finance teams
  • Operations leads
  • Multi-entity companies
Highlights
  • Holds balances in several currencies
  • Sends international transfers to many countries
  • Locks in exchange rates with forward contracts
  • Issues cards with controls set before spending
  • Books travel within policy and reconciles it
  • Processes supplier invoices and approvals

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