Accounting - Westfield, New Jersey, United States
Spotlight is the world's first audit firm that leverages AI to help businesses across the world identify, and reduce, currency conversion costs levied by their payment providers. Every time your business makes a cross-border payment, financial institutions charge an exchange rate that effectively skims the cream off of your hard work. Uncompetitive exchange rates can cost a business upto 10% of their transaction value, and upto $250,000 annually.We help you detect these hidden spreads in your foreign exchange rate, and negotiate with financial institutions to reduce these premiums considerably. All our clients have successfully reduced their cross-border payment costs by 85% or more.Want to validate how we can help your business? Shoot us a note at takecontrol@spotlightandcompany.com