Friday, May 7, 9:00 - 10:15 view all sessions this time
International    view all sessions this track
401-Cutting the Cost of Global Payments
In looking for ways to cut costs in today’s tough economic environment, many companies are discovering global ACH and multi-currency accounts. Lionbridge Technologies provides translation of globalization services to major multi-national corporations. It hires thousands of independent translators and product raters around the world to translate and evaluate its customers’ products and materials. Then it has to pay those individuals. Hear how Lionbridge has cut costs and solidified contractor relationships by adopting payment alternatives

Learning Objectives:
Compare and contrast features and costs of available global payment methods
Understand when multi-currency accounts can replace foreign bank accounts
Estimate cost savings from switching to ACH payments from wire transfers
Tina Wang, Lionbridge Technologies
Amanda Kurnos Reid, Wells Fargo