Revolutionizing Lighting Imports How PencilPay Simplifies Transactions

Revolutionizing Lighting Imports: How To Simply Transactions

September 26, 2023Cash Flow , Invoicing

As a lighting supplier, managing the intricate world of imports can be challenging. The demand for lighting products is ever-growing, but along with it comes the complexities of handling deposits, ensuring accurate revenue recognition, managing bill of materials, and navigating the nuances of GST compliance.  Additionally, the traditional approach of processing a high volume of …

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Alti Lighting’s Transformation with PencilPay: Streamlining Payments

July 17, 2023Cash Flow

PencilPay Success Story: ALTI LightingWatch this video on YouTube In 2000, Todd Miller established Alti Lighting, a renowned lighting consultant, importer, and retailer catering to a diverse customer base, including consumers, electricians, architects, and builders. However, the fragmented nature of payments posed a significant challenge for Todd, prompting him to seek an innovative solution. In …

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Mastering the Art of Timely Payments: Success Story in Alcohol Distribution

July 17, 2023Cash Flow , Media

Cloud Cuckoo Success StoryWatch this video on YouTube After completing a two-year apprenticeship at Bellarine Brewing Company, Max Dent made the bold decision to establish Cloud Cuckoo Island—a company specialising in pre-batched cocktail kegs, cans, and bottles. Max had a clear vision of selling directly to various sectors, including hospitality, retail bottle shops, pubs, clubs, …

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Strategies for Managing Cash Flow in a Wholesale Business

Strategies for Managing Cash Flow in a Wholesale Business

May 10, 2023Cash Flow

Cash flow is critical for the success of any business, especially for wholesalers. Managing cash flow effectively can help you avoid financial problems and ensure that your business continues to grow. In this article, we’ll discuss some strategies for managing cash flow in a wholesale business. Forecast Your Cash Flow: The first step in managing …

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