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 …

As a business owner, it is important to establish good relationships with your wholesale customers. However, disputes may arise, and negotiating payment plans can be a difficult task. In this article, we will explore some strategies for navigating disputes and negotiating payment plans with wholesale customers. 1: Communication is Key The first step in navigating …