Decrease debtor days & total receivables
Stop being slowed down by manual credit apps and unpredictable payment dates. PencilPay automatically collects payments on your agreed terms, whether it is 7, 14, or 30 days. Turn your outstanding invoices into instant cash flow.
Built for consumer goods
Slash debtor days on every account
Don’t wait for venues or retailers to “get around” to paying. By tokenising payment methods during onboarding, you move from manual chasing to automated “pull” payments on the invoice due date.
Next-day cash flow for growth
Consumer goods businesses live and die by inventory turnover. While retail processors hold your funds for days, PencilPay settles your card transactions the very next business day, giving you the liquidity to reinvest in stock and marketing.
Predictable high-volume trade
Whether you’re dealing with 100 or 1,000 retail accounts, PencilPay manages the complexity. Handle 7, 14, and 30-day terms effortlessly without increasing your accounts payable headcount.
Your books, perfectly in sync
Stop losing money to partial payments, manual errors, and missed invoices. With one-button ERP reconciliation, every transaction is matched perfectly to your ledger, ensuring your bottom line is protected.
How it works
The 90-second digital account opening: Whether it’s a boutique retailer or a national distributor, get them trading instantly. Our branded digital credit apps perform real-time ABN and credit risk checks while securely capturing their bank or card details. Your customers are ready to order in minutes, and your payment is guaranteed from day one.
 “Payment before dispatch” automation: For new or high-risk accounts, use PencilPay to automate deposits or full prepayments. Get instant payment confirmation before the stock even leaves your warehouse. It’s the easiest way to remove the risk from first-time orders and “proforma” accounts.
Seamless ERP integration: PencilPay is the “missing link” for your beverage tech stack. We offer deep, native integrations with Cin7, MYOB Acumatica, NetSuite, Unleashed, Xero, QuickBooks and MYOB. We pull your trading terms and push reconciled data back instantly, keeping your inventory levels and your bank account in perfect sync.
From boutique brands to national distributors
PencilPay is the preferred partner for Australian consumer goods in:
FMCG & Grocery
Manage high-frequency, high-volume orders with ease.
Health & Beauty
Protect margins on premium products with automated terms.
Beverage & Apparel
Scale your retail footprint without the administrative headache.
Customer story
Check out how we helped P10 Foods speed up payments and reduce debtors.
Take control of your wholesale accounts today!
- 30-day free trial
- Support 24/7
- User friendly
Stop chasing. Start scaling.
There is a better way to manage wholesale trade accounts. PencilPay is the trade account management tool purpose-built for Australian businesses managing hundreds to thousands of transactions. If you are struggling with manual credit apps, juggling multiple trade terms, or waiting days for funds to clear, your current process is holding you back. PencilPay digitises your entire workflow: from the initial application to next-day settlement of funds.
Ready to automate your trade desk?
• Reduce debtor days by 60% or more
• Access cash 5 days faster with next-day settlements
• Cut onboarding time from days to 90 seconds
Built for wholesale trade. Trusted for security.
Australian Owned with 24/7 Support
We are a local team you can actually talk to. Whether you prefer a direct phone call, online chat, or email, our support is available 24/7 to help your business stay moving.
Bank-Grade Security
Your data is protected by fully encrypted, ISO-certified servers. We ensure your trade account information and customer details remain private, secure, and protected at all times.
Global Payment Standards
We abide by PCI DSS, the same high-level security standard used by Visa, Mastercard, and AMEX. You get a user-friendly platform with the highest level of payment protection.
Australian Banking Compliance:
Our systems are fully compliant with BECS, the Australian standard for Direct Debit. This ensures every automated payment is regulated, safe, and processed correctly within the Australian banking system.
