Trusted TransferMate partner · Singapore

Stop overpaying on global payments. Start transforming your IT.

We help mid-market multinationals cut cross-border payment costs, streamline IT operations, and build future-ready businesses — with the hands-on expertise of people who've done it before.

Book a free consultation → See how payments work
200+
Countries covered
140+
Currencies
92
Licensed jurisdictions
$1B+
Processed globally
The problem we solve
Your bank isn't built for the way you do business globally
Most mid-market companies lose thousands each year to hidden fees, slow transfers, and manual reconciliation. There's a better way.
What you deal with today
  • High account maintenance and international wire fees — typically $25–$50 per transaction
  • Multi-day transfer delays through correspondent banking chains
  • Error-prone reconciliation across disconnected bank accounts
  • Complex onboarding with multiple banks in each new market
  • Hidden FX markups with no transparency or control
What you get with Balance IT
  • Zero international wire fees — pay and collect as if payments were local
  • Same-day or next-day transfers through a single regulated network
  • Automated end-to-end reconciliation — no manual matching
  • Open foreign currency accounts in seconds on one platform
  • Transparent, preferential FX rates with full audit trail
What we do
Strategic advisory meets operational execution
Two areas of deep expertise, designed to work together or independently — depending on where you need the most impact.
01

Global payment optimization

Through our partnership with TransferMate, we give mid-market companies access to enterprise-grade global payments — 35+ currency accounts, local rail access, and native ERP integration. All on a single, regulated platform.

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02

Digital transformation roadmap

We help you build a 1–5 year technology strategy with clear milestones. From IT landscape assessment to implementation planning, we bring outside-in perspective to accelerate your transformation journey.

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03

IT process optimization

We streamline IT service delivery through Centers of Excellence, shared services transformation, and business process redesign — reducing operating costs by 15–30% while improving agility and service quality.

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Payment packages
Global payments, simplified pricing
Free to start. You only pay when you transact — and even then, you save compared to your bank.

Global payments

For companies paying suppliers, partners, or subsidiaries internationally.

  • Reduced transaction costs vs. banks
  • Same-day cross-border transfers
  • Open foreign accounts instantly
  • Full regulatory compliance
  • Transparent FX rates
Get started
Most popular

Global payroll

For companies managing payroll across multiple countries and currencies.

  • Timely cross-border salary transfers
  • Minimized payroll processing costs
  • Accurate multi-currency conversion
  • Automated payroll processing
  • ERP & payroll platform integration
Get started

Education payments

For institutions managing tuition payments and student fees globally.

  • Streamlined tuition collection
  • Multi-currency fee management
  • Transparent payment tracking
  • Compliance with global regulations
  • Simplified student billing
Get started
SAP integration
Cross-border payments, native inside SAP
Through SAP Multi-Bank Connectivity and TransferMate, execute compliant global payments directly in your SAP environment — with automated reconciliation and zero manual effort.
1
Supplier invoice — received and processed in SAP S/4HANA
2
Payment run — F110 generates payment file automatically
3
Pain.001 exported — file sent to TransferMate via SAP MBC
4
Payments executed — same-day cross-border settlement
5
Auto-reconciliation — Camt.52/53 posted back to SAP
⚡

Same-day payments

Local and cross-border payments settle within 24 hours through a single regulated network.

⟳

Auto reconciliation

End-to-end automated reconciliation without ever leaving your SAP system.

↓

Cost savings

Reduced payment fees and preferential FX rates on every cross-border transfer.

◈

Native integration

No middleware, no workarounds. TransferMate is a member bank in SAP-MBC.

Real results
Numbers that speak for themselves
From global systems integrators to leadership consultancies — companies across industries are saving real money.
Client case study

Global systems integrator — Singapore office

A mid-market technology company processing international payments across multiple currencies switched from traditional banking to TransferMate through Balance IT.

€340K
Total annual savings (group)
€55
Average saved per payment
0.7–1.5%
Cost reduction on volume
9
Currencies consolidated
"Using TransferMate means keeping money in your pocket and being able to use it for something else — what company doesn't want that?"
CD
Christophe Derdeyn
Founder, Balance IT · formerly APAC Partner & Director, delaware
"Global Accounts gives us the ability to pay in more countries, and set up in new countries quicker."
AP
Achille Pagliaro
Director, Treasury Operations · CloudPay
"We can manage multiple currencies very efficiently on the platform, and the support we've received from end-to-end has been excellent."
AR
Anne Marie Ruttledge
Accounts Manager · R&M
TransferMate is trusted by world-leading organizations
Barclays
ING
Wells Fargo
Harvard
Cambridge
SAP Concur
Coupa
ADP
Sage
AIB
Who we are
Decades of experience. A hands-on approach.
Balance IT combines deep expertise in business strategy, SAP solutions, IT optimization, and financial technology — led by practitioners, not just consultants.
Christophe Derdeyn

Christophe Derdeyn

Founder

Strategic IT consultant specializing in business transformation, SAP solutions, and global financial optimization. Formerly APAC Partner & Director at delaware, with a pragmatic, results-driven approach shaped by decades of hands-on delivery.

Geeta Balagangadharan

Geeta Balagangadharan

Sales Leader

Strategic APAC leader with deep expertise in enterprise sales, finance solutions, and team revitalization. Proven track record driving organizational growth and operational efficiencies across the Asia-Pacific region.

Ready to cut costs and simplify your global operations?

Book a free 30-minute consultation. We'll review your current payment flows, identify savings opportunities, and show you exactly how much you could save.

Book a consultation → Call +65 9828 7359