eKool, an Estonian company that offers a school management system, had big ambitions despite its small team of fewer than 10 employees. Led by founder Ģirts Laudaks, they wanted to expand their product beyond Estonia, even exploring markets as far as Africa. Although their system was ready for global reach, they hit a major roadblock: managing payments to freelancers across various countries without getting tangled in time-consuming and costly legal requirements.
The challenge: managing cross-border payments without legal burdens
As eKool expanded and began working with freelancers on international projects, how to pay them became a recurring challenge. Setting up a legal entity in every country to process payments wasn’t a viable option:
“For small companies like us, paying lawyers and doing compliance research is both time-consuming and expensive,” Ģirts shares.
If a pilot project failed, shutting down those legal entities would be another costly headache.
The solution: abillio’s simple payment platform
Rather than setting up entities in each country, eKool could now easily handle freelancer payments legally and compliantly through Abillio’s platform. No more worries about taxes, legal paperwork, or extra admin work – everything was structured and ready to use.
Ģirts noted that one of the primary advantages of Abillio was its simplicity. With limited resources, eKool couldn’t afford to engage in complex processes. Abillio saved them time, effort and money, enabling them to focus on their core mission: managing schools and expanding their market.
Key benefits:
- Saved time and money: Abillio removed the need to set up legal entities in each country where they operated, saving them both time and financial resources.
- Simplified cross-border payments: They could now pay freelancers in different countries while staying compliant with local laws.
- Simplified admin: Abillio streamlined their accounting and reduced the administrative workload on their small team.
Why eKool chose Abillio
For Ģirts, choosing Abillio was a straightforward decision. He knew Matiss, the founder of Abillio, and trusted the platform’s capabilities. It wasn’t about comparing a bunch of options, he had confidence that Abillio could get the job done at a price that made sense for eKool.
This trust made onboarding smooth, and Ģirts didn’t have to waste time searching for alternatives – Abillio was the right fit from the start.
Looking forward: continued growth with Abillio
As eKool continues to test new markets, Ģirts is confident that Abillio will remain an integral part of their operations. The company has no plans to switch platforms, and Ģirts recommends Abillio to other small businesses dealing with cross-border payments.
“It’s a clean and nice way to transfer money legally, without worrying about tax implications or compliance issues,” he added.
Thanks to Abillio, eKool can concentrate on innovation and growth, confident that their payment system operates as smoothly as their school management platform.