Sound familiar?
These challenges stop thousands of entrepreneurs from getting started. But they don't have to stop you.
- Individual bank transfers for each contractor take hours
- Currency conversion fees eat into your budget
- Tracking payments across multiple accounts is messy
- Each payment means another invoice for accounting
- International wire fees add up fast
Xolo Teams: Pay all contractors with one click
Xolo Teams
Pay all contractors with one click
Custom pricing based on payment volume
- One-click bulk payments
- Multi-currency support (50+ currencies)
- Competitive FX rates
- Single consolidated invoice
- Automatic payment reminders
- Payment status tracking
- Flexible payment schedules
- Detailed payment reports
No credit card required
How Bulk Payments Work
From invoice approval to payment in 4 steps
Contractors Submit Invoices
Contractors submit invoices through the platform. You see all pending invoices in one dashboard.
Review & Approve
Review invoices, make adjustments if needed, and approve for payment.
One-Click Pay All
Click to initiate bulk payment. Xolo handles currency conversion and routing.
Single Invoice
Receive one consolidated invoice for all contractor payments for your books.
Payment Savings Calculator
See how much you save vs manual payments
Manual Payments (10 contractors)
- Wire fees: ~$25 × 10 = $250
- FX spread: ~2% on $50k = $1,000
- Admin time: 5 hrs × $50 = $250
- Total monthly: ~$1,500
Xolo Teams (10 contractors)
- Platform fee: Variable
- FX spread: ~0.5% on $50k = $250
- Admin time: 15 min × $50 = $12.50
- Typical savings: 40-60%
* Estimates based on typical wire fees and FX spreads. Actual savings depend on currencies and payment volumes.
Related Topics
Other contractor management resources
Contractor Onboarding
Self-serve contractor onboarding from 186 countries. Automate the entire intake process.
Identity Verification
KYC/KYB verification for contractors. ID checks, liveness verification, background screening.
NDAs & IP Agreements
Template contracts, NDAs, and IP assignment agreements. E-signatures built in.
Frequently Asked Questions
Everything you need to know before getting started
All information verified as of December 2025. Prices and features subject to change. Always verify current pricing with providers.
