The Benefits of Direct Debit Integration

The Benefits of Direct Debit Integration

August 10, 2022Cash Flow , Invoicing

If your company is one of the many Australian wholesale businesses that supply goods to other businesses, you probably offer credit to your clients. Although it’s risky to issue trade credit, customers will likely take their business elsewhere if you don’t offer this option. Pencil is an Australian company that offers a solution to the …

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5 ways to improve your B2B Relationships

5 Ways To Improve Your B2B Relationships

May 4, 2022Cash Flow , Invoicing

Business-to-business relationships often require good faith arrangements. Due to a lack of up-front funds, suppliers like you must extend trade credit to maintain B2B partnerships. However, when you enter into trade credit agreements, you place yourself in a vulnerable position. With too few regulations and security measures, these arrangements are risky. Issuing more than $1.3 …

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12 business benefits of using B2B Tech

12 Business Benefits of Using B2B Technology

March 30, 2022Cash Flow

Companies in the business-to-business space have historically been slower to embrace new technologies than companies in other sectors. Embracing new B2B technology can give you a competitive edge and improve almost every aspect of your business. Benefits of Using B2B Technology By implementing B2B technology into your business, you may see a number of advantages. …

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Simplify your trade credit approval process

Simplify Your Trade Credit Approval Process

March 22, 2022Cash Flow

Trade credit is the lifeline of SMEs in Australia. In fact, businesses of all sizes rely on commercial credit. It ensures that they have the resources to meet clients’ needs, whether they have enough liquid assets or not. However, the businesses supplying this B2B credit take on high levels of risk. Over the years, financial …

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