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Know when it lands.

Supplier payments over Faster Payments, SEPA, SWIFT and card, with the settlement date stated before you approve.

Book a walkthrough How money moves
Container cranes standing in fog across a wide harbour

Paying suppliers with Kelvern

  • AF Ardleigh
  • NT Norwood
  • BT Bramber
  • CV Calder
  • OC Otterbeck

Four rails, one clock

The same money, sent at the same moment, down the four rails an importer actually uses. The axis is 96 hours from initiation.

  1. Faster Payments UK haulier, weekly account

    GBP 48,600.00 Settled in 72 seconds, on a Sunday

  2. SEPA credit transfer Rotterdam supplier, 30 day terms

    EUR 184,200.00 Settled on the next business day

  3. SWIFT, one correspondent Shenzhen supplier, deposit

    USD 96,400.00 Settled on the second business day

  4. Commercial card Freight surcharge, port of Felixstowe

    USD 7,180.00 Authorised first. Settled last.

  5. SWIFT, recalled Duplicate invoice, pulled back by the payer

    USD 22,900.00 Recalled at 16 hours. No value date.

Money moves last

  1. Invoice in

    Matched against the purchase order and the goods received note before anyone sees it. Unmatched invoices stay out of the run.

  2. Approved

    One approver under 25,000, two above it, in the currency of the invoice rather than a converted figure.

  3. File released

    The payment file goes to the rail. This is the first moment money can move, and it is the last step, not the first.

Stacked blue shipping pallets seen straight on

Built for importers, not for treasuries

Kelvern is for the finance team that pays goods suppliers, freight and duty every week, on rails that do not agree with each other.

Volume
200 to 2,000 supplier invoices a month, in four currencies or more.
Terms
Payment runs that have to hit 30 and 60 day terms in three timezones.
Evidence
An approval trail your auditor accepts without a spreadsheet beside it.

One price, published

No implementation fee, no minimum volume, and one month's notice to leave.

Platform
£280
Every month. Unlimited users and approvers.
Per payment
£0.30
The same charge on every rail, domestic or not.
Currency conversion
+0.35%
Added to the interbank rate, and shown before you approve.
Book a walkthrough

Or call 0113 496 0128 and ask for onboarding.

“We stopped guessing. The Rotterdam run lands on the day the screen said it would, and the ledger closes on the Tuesday instead of the Friday.”

Priya Raghunathan Financial Controller, Ardleigh Foods

Bring one payment run

Forty minutes with your own invoices and rails. We show the settlement dates you would have had, on your last run.

Book a walkthrough
0113 496 0128 [email protected]