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What is Sokin?

Sokin operates as an all-encompassing global business payments platform, allowing organizations to efficiently oversee their accounts, transfer funds, receive payments, and conduct business smoothly across international markets through a unified interface. Its ability to manage and maintain funds in 26 different currencies helps companies reduce their dependence on various providers or regional banking institutions. Furthermore, the platform supports global payments in over 70 currencies, facilitating transactions in more than 170 countries via local payment methods, SWIFT, and instantaneous transfers between Sokin accounts. Teams can boost operational efficiency by storing beneficiary information, converting currencies, assigning user roles for payment authorizations, and processing up to 5,000 individual payments at once, which significantly minimizes manual workload. Moreover, Sokin accommodates payments through cards and various alternative payment methods, while also delivering embedded financial services via flexible APIs. Businesses can streamline numerous processes, such as payouts, currency conversions, onboarding, and KYC and KYB compliance, all while effortlessly integrating these features into their own systems, thus boosting their operational prowess. This seamless integration not only simplifies the complexities of financial transactions but also grants businesses enhanced control and adaptability over their payment processes, ultimately supporting their growth and efficiency in an ever-evolving marketplace.

What is Payouts.com?

Payouts.com is an all-encompassing platform designed to streamline international payment procedures and manage vendor interactions efficiently. With its universal connectors, it allows users to import data through various means such as APIs, email parsing, file uploads, or integrations with tracking systems, effectively reducing the need for manual input and boosting overall productivity. The platform supports smart global payouts, which facilitate the automatic processing of numerous transactions across over 135 nations, ensuring optimal routing and lower fees that align with vendors’ preferred payment methods and currencies. Moreover, the vendor relationship management tools empower users to onboard, verify, and monitor all vendors, featuring automated tax compliance and tailored portals that enhance vendor operations. In addition, the accounts payable automation revolutionizes conventional manual payment procedures by transforming them into streamlined automated workflows, managing tasks such as invoicing, approvals, reconciliation, and reporting within an integrated system that significantly elevates operational efficiency. This cohesive approach not only results in considerable time savings but also drastically cuts down on the operational costs incurred by businesses, making it an essential tool in today’s fast-paced financial landscape.

Media

Media

Integrations Supported

NetSuite
CJ Affiliate
Cellxpert
Everflow
Gmail
Infospace
Microsoft Outlook
Outbrain
PayPal
Payoneer
Priority Software
QuickBooks Online
Rakuten
Sage 100
Skrill
TUNE
Xero
Yahoo! Mail
Zelle
impact.com

Integrations Supported

NetSuite
CJ Affiliate
Cellxpert
Everflow
Gmail
Infospace
Microsoft Outlook
Outbrain
PayPal
Payoneer
Priority Software
QuickBooks Online
Rakuten
Sage 100
Skrill
TUNE
Xero
Yahoo! Mail
Zelle
impact.com

API Availability

Has API

API Availability

Has API

Pricing Information

Free
Free Version
Free Trial Offered?

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Sokin

Date Founded

2019

Company Location

United Kingdom

Company Website

sokin.com

Company Facts

Organization Name

Payouts.com

Date Founded

2022

Company Location

Israel

Company Website

payouts.com

Categories and Features

Categories and Features

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Popular Alternatives