Divide and Conquer: How BitHide Sub-Wallets Helped an IT Company Automate Client Payment Management

Imagine your business processes dozens of crypto payments every day, all flowing into one single wallet. This creates inevitable confusion and increases the workload for your staff, who must manually sort through payments.

This was exactly the situation faced by an IT company providing SaaS services. Let’s dive into the challenges they faced and how they resolved them in today’s article.

The Challenge

All cryptocurrency was deposited into a single shared wallet. Transactions had to be manually allocated to clients, leading to errors. Additionally, the accounting department spent extra resources linking payments to services.

The company’s management sought a way to automate the process and reduce human error. That’s when they decided to become a BitHide client.

The Solution

BitHide’s sub-wallet feature provided the perfect answer. It allowed the company to create a unique wallet for each client, ensuring:

• Automated bookkeeping. Every incoming payment is instantly allocated to the correct sub-wallet.
• Financial transparency. All information is available in real time.
• Cost reduction. No more manual labor for transaction distribution.

Now, whenever a client makes a payment, the BitHide system automatically directs the funds to their designated sub-wallet. Every transaction is recorded, and the company’s employees no longer need to spend time on manual verification.

The Results

Few months after implementing BitHide, the company reported:

• Three times faster reporting processes. The finance team used to spend hours reconciling data; now, it only takes minutes.
• 27% reduction in administrative expenses. Employees no longer manually allocate transactions.
• Improved customer service. The support team no longer wastes time figuring out who paid for what.

The team also praised other BitHide features designed to streamline operations: simplified financial report generation, automated withdrawals, and bulk payments significantly reduced costs associated with routine tasks.

Conclusion

BitHide sub-wallets are a comprehensive solution for automating financial operations. They minimize errors, improve bookkeeping accuracy, and make business processes more transparent.

If you’re looking to streamline your crypto payment processes like the IT company in today’s story, submit an application on the BitHide website. We’ll help you set up your wallet and free up time for more important tasks!