July 2022 Summaries

Airwallex’s July update introduces a Shopify integration that enables merchants to offer more than 30 local payment methods, including WeChat Pay, Alipay, Klarna, and Bancontact, while collecting multi-currency payments into Global Accounts to reduce conversion and foreign-exchange fees. Physical Employee and Company Cards are now available in Hong Kong with customizable branding, while UK users can add Employee Cards to Apple Pay and manage spending limits and receipts. Expense-management enhancements include automatic syncing of expense notes to Xero and bulk expense approvals, and Payment Links now allow businesses to choose which customer details, such as shipping addresses, emails, and phone numbers, are collected during payment.

Productivity is particularly important for small and medium-sized enterprises because efficient use of limited resources can improve profitability, reduce employee burnout, and strengthen customer service. The piece argues that small operational improvements can produce meaningful time savings, highlighting cloud storage tools such as Google Drive and Dropbox for easier document access and collaboration, automated expense-management platforms including Airwallex for reducing manual receipt processing, and standardized intake forms with Zapier automations to streamline client onboarding. It also recommends inventory-management systems such as NetSuite to provide real-time stock visibility, avoid shortages or excess inventory, and control related costs. Airwallex presents its business accounts, expense tools, international transfers, and Zapier integrations as services designed to automate financial workflows and support business growth.