Hear from Sebastien Borget, co-founder and COO of The Sandbox, about how Request Finance has helped streamline payments and accounting in crypto, allowing the NFT-gaming company to spend more time building its platform instead:
“Other solutions we saw didn't have all the functionalities we needed, like sending invoice requests, batch payments, and integration with multisig wallets like Gnosis. Only Request did”.
The Sandbox is a virtual Metaverse where players can play, build, own, and monetize their virtual experiences. Like games such as Minecraft, The Sandbox is a blocky world made of volumetric pixels, or voxels, where players can combine elements to make their own digital creations.
The company has more than 150 employees, and has recently announced a 93M Series B funding round at the time of writing. It has attracted notable investors like SoftBank, and Ubisoft.
Payments and accounting are challenging for large companies that deal in crypto. Managing payroll and transaction records in crypto was an administrative headache for the team at The Sandbox.
Making manual payments to large numbers of blockchain wallet addresses, and recording the transactions took up precious time and energy from the team each month.
We really needed a way to automate payments to our employees and contractors, and easily account for the company’s crypto transactions and assets during annual financial audits.
Request Finance has helped us save time and energy that we used to spend on these administrative finance operations. For instance, using Request Finance has helped us slash the time we spent on making crypto payments by 90% every month.
That frees up our time and mental resources to focus on building a better platform for our community of creators and gamers.
When I first discovered Request Finance, I immediately knew that the team had to see it for themselves. After Christophe Fonteneau from Request showed us a live demo, we were eager to test it out.
We were impressed with the ability to easily send, receive, and pay all our invoices in the Request Finance web app. The ability to make batch payments to multiple addresses all in one click was also very handy. Having all of our crypto transactions recorded in a single dashboard also meant easy access to information for bookkeeping during audit season.
We had looked at other solutions before. But the alternatives we saw didn't have all the functionalities we needed, like requesting invoices, batch payments, and integration with multisig wallets like Gnosis. Only Request Finance did.
Basically, Request is the best product in the market, and we have been using it ever since the start of the year in 2021.
It took less than a day for us to get up and running with Request. Juan Bautista, our Finance Executive, uses it for all payments made in our native token, SAND.