Some of the most expensive problems don’t show up as line items. They hide inside workflows everyone has stopped questioning.
Case in point: I noticed a pattern during my time as a Chief of Staff while working with international clients. Invoices were raised, payments arrived on time, and on paper, everything looked clean.
But the realised revenue told a different story.
We were quietly losing ~15% on every single transaction between the client paying and the money hitting our Indian bank account. When I asked why no one had flagged it, the answer was: “This is how it’s always been done.”
The Anatomy of the Leak
What “normal transaction” actually looked like behind the scenes:
- A client in the US paid via PayPal.
- PayPal takes its initial cut for the service (borne by the contractor, not the client).
- The balance is sent to an Indian bank.
- The bank hits it with a foreign remittance fee.
- The bank charges again for currency conversion.
By the time that money hit our account, it was significantly lighter. Because these deductions happened in small, “standard” chunks, they stayed invisible.
What I did
I mapped the money’s journey and came to a few basic questions: Why are we paying so many charges? Is there any better way? Are there any companies which can make this better for us?
I spoke to several fintech players (both Indian and international) only to find that international payment infrastructure often isn’t as developed as India’s.
We eventually partnered with a Bengaluru based cross-border aggregator that accepts the foreign currency, converts it, and settles into our Indian account. We got:
- Better conversion rates.
- Direct transfers to Indian bank in INR.
- A flat ~1% fee instead of layered, percentage-based bleeding.
- Full FIRC support, ensuring our compliance was as clean as our cash flow.
The Bottom Line
This wasn’t about making things easier, it was about stopping a massive, unnecessary leak.
We increased realised revenue without needing a single extra sale.
Many companies don’t have a revenue problem. They have unexamined systems quietly eating into it.
A Chief of Staff’s value isn’t just in running systems efficiently. It’s in questioning them.
Because anything left on autopilot is usually more expensive than it looks.
