Allowing suppliers to intelligently manage their cash flow.
Collecting payments from buyers is one of the biggest challenges facing suppliers today.
Late payments, credit card acceptance issues and problems with buyers qualifying for credit cards, can all have a significant impact on cashflow. Harvard Business Review estimates that the cost of 60 days’ receivables for suppliers amounts to 10.29% of their sales revenue.
Now, thanks to Invapay Receivables, these issues are a thing of the past as this innovative service allows suppliers to intelligently manage their cash flow and ensure that they get paid - on time, every time.
Invapay Receivables provides a win-win situation. Suppliers receive payments faster via secure electronic bank transfer and buyers also benefit from 30 days credit from the card issuer.
Built in Supplier authentication and verification checks, giving you complete peace of mind.
Invapay Receivables is easily adopted by all approved buyers, including those who cannot be issued with credit cards.