You get what you pay for…
…So, if you’re not paying for your purchases, you’re likely to run into some problems.
When you’re ordering high volume stock from multiple suppliers, invoice payments can easily slip through the cracks.
But when they do, it can cause major headaches for everyone involved
- Suppliers are left out of pocket
- Supplier/buyer relationships can be damaged or broken
- Budgeting and financials become incorrect
- Time, money and effort is spent chasing up discrepancies
Correct and timely payments are a non-negotiable for good business.
Pay less when you pay more often
Get on top of your invoices – and get a little something in return for your troubles.
Through FastPay, suppliers can sign up to offer a discount for buyers who make an early payment, and hotels can sign up to commit to a weekly pay cycle.
The result? A mutually beneficial agreement where suppliers get paid on time, and buyers are able to save money on their order.
FastPay operates through Paperless Invoicing [LINK], so you can ensure your invoices will be approved and paid on time, and your discount automatically applied or saved.
Get charged less for your purchase, simply by agreeing to a weekly pay cycle.
Suppliers can count on regular, timely payments for their goods and services.
Reduce the costs of invoicing, approving and processing, as well as those associated with following up late or inaccurate payments.
Strengthen your relationships with your supplier and buyer through mutual respect and reciprocity.
Fast Pay Features
- Electronic invoices (supplier send invoices electronically through Paperless Invoicing)
- Automated discount (Automatically claim your discount with each payment, and store them for future use)
Get more bang for your buck
If you’d like to see Fast Pay in action, you can request a demo from the Marketboomer Team. To set up a time – or to ask a question about the platform – fill in the form below and one of the team will be in touch.