Born from the frustration of the managing trade payments
We started PencilPay because we saw the same struggle in every wholesale business: customers on trade terms paying late, partially, or unpredictably.
We watched hardworking teams spend their mornings chasing invoices and their afternoons manually reconciling payments. It’s a cycle that is stressful, time-consuming, and keeps business owners up at night. We knew there had to be a better way to manage B2B trade than “hope-based” collections and paper credit apps.
To make B2B payments as simple as a handshake.
PencilPay was built to turn accounts receivable into a competitive advantage. We automate trade account payments and credit checks, so your customers pay on time and in full, without you or your team lifting a finger. By integrating seamlessly with ERP and accounting software you already use, we turn trade accounts into predictable cash flow. Our goal is to free your team to focus on growing the business, not chasing money.
The engine behind wholesale and distribution.
PencilPay isn’t a generic payment app; it is a specialised platform for wholesale trade account management. We are the perfect fit for your business if you:
•Use a modern tech stack: You rely on Xero, MYOB Acumatica, NetSuite, Cin7, QuickBooks, MYOB or Unleashed to run your operations.
• Manage high-volume trade: You process hundreds or even hundreds of thousands of transactions per month.
• Offer professional trade terms: You manage Pre-paid, 7, 14, 30-day terms or monthly statements.
• Are tired of the manual grind: You’ve had enough of partial payments, awkward phone calls, and manual reconciliation errors.
We understand the local payments ecosystem and the specific needs of wholesalers.
Facilitate security deposits, flexible payment plans, and secure payment processing via bank or credit card.
We protect your data with the same high-level encryption and PCI DSS compliance used by global banks.
Stop chasing. Start scaling. Join the hundreds of wholesaler suppliers, manufacturers and distributors using PencilPay to reclaim their time and secure their cash flow.