How Bio-Med Equip replaced Form M stress with seamless international payouts on Yala
A medical equipment importer turned a stressful, drawn out payment process into a routine one.
3
Supplier countries paid
Goodbye
Form M bottleneck
Bio-Med Equip
Bio-Med Equip imports medical equipment and consumables from India, Singapore, and the USA. Before Yala, every payment was a paperwork cycle that started with a Form M and ended with a wait. Now the same payment is a few clicks.
“As a medical equipment business paying suppliers in India, Singapore, and the USA, we used to rely on bank transfers and Form M processing, which was stressful and slow. Yala changed that entirely. Payouts are seamless, FX rates are competitive, and what was once a drawn out process is now efficient.”
Marshall Godswill
CEO, Bio-Med Equip
From Form M paperwork to a payout
Bio-Med Equip's supplier base sits in India, Singapore, and the USA. For a medical equipment and consumables business, those payments aren't optional. They're how product gets on the shelf.
Before Yala, every outbound transfer ran through a bank after the team obtained a Form M. The process was stressful and slow, and the wait between initiation and supplier confirmation was rarely short.
Why they switched
What pulled Bio-Med Equip to Yala wasn't a feature list. It was the conversations. The communication process was smooth, and the payout system was simple enough that the finance team didn't have to learn a new way of working to start using it.
From the first payment, the difference was visible: faster execution, fewer touch points, no Form M choreography to start a transfer.
Seamless, competitive, repeatable
The two features that have made the biggest difference are the payouts themselves and the FX rates that come with them. Across India, Singapore, and the USA, purchasing goods from abroad is now convenient and efficient. What used to be a drawn out process is routine.
As Bio-Med Equip puts it: Yala is a great platform for importers, offering seamless international payments and competitive FX rates.
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