In the wholesale industry, offering payment plans can be a strategic move to retain customers who are struggling to juggle their bills and have a habit of paying late. However, understanding the ins and outs of payment plans is crucial for wholesalers to leverage this tool effectively. In this guide, we’ll delve into the details …

In the midst of the challenging landscape faced by Australia’s independent brewers, the recent plea from the Independent Brewers Association (IBA) for government intervention highlights the critical need for support. With craft breweries grappling with closures, restructures, and financial losses, the environment for independent brewing is undeniably turbulent.   PencilPay as a Financial Lifesaver: In …

The way payments are handled can make or break a deal. While individual consumers enjoy a buffet of payment options, the story is quite different in the wholesale realm. Wholesalers often find themselves juggling overdue invoices, complex trading terms, and limited payment avenues. 1: The Disparity in Payment Options For a large percentage of wholesale …

As a wholesaler, you know that getting paid is crucial for your business. To stay ahead of the competition and keep your customers happy, you need to offer flexible payment options that meet the needs of your wholesale customers. In this article, we’ll explore why offering flexible payment options is essential for your wholesale business. …

Late payments from customers are a common issue for most wholesalers. Without a proper payment management system, it can be difficult to keep track of who owes you money. This is where automated payment reminders come in handy, helping wholesalers streamline their payment process and improve sales. PencilPay’s software allows you to set up automated …