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Elevating
B2B eCommerce With
Net Terms

Launching an eCommerce or wholesale website is challenging enough. You don’t want to lose buyers at checkout because they can’t easily pay by invoice, as they do in other channels.

Compaynet integrates with eCommerce technology to provide payment terms and allow invoicing at checkout, bringing the B2B eCommerce experience into the future.

Compaynet Makes Invoicing at Checkout Easy

You don’t want to lose B2B buyers at checkout because they can’t easily request payment terms. We make it easy by integrating with all eCommerce platforms so you don’t lose buyers.

A Purchasing Experience Without Friction

We make purchasing on payment terms on your eCommerce website easy, driving loyalty and repeat purchases with built-in purchase controls visible at every touchpoint. Buyers don’t have to worry about exceeding the approved budget or buying outside their pre-approved SKUs.

Avoid High Credit Card Fees

We remove purchasing blockers due to credit card limits, provide detailed purchase information for A/P teams and cost 30% less than credit cards. Credit cards cause frustration for B2B buyers, who prefer to purchase on payment terms.

The Better Way to Secure Cash Flow

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Careful planning helps businesses of all sizes mitigate risk, especially when it comes to accounts receivables. A global pandemic combined with social unrest led to increased uncertainty and indecision from customers and prospects, making forecasting especially challenging. Companies worked to manage cash flow ambiguity as decision-making slowed and businesses fought to stay afloat.

As we progressed into the year 2021, we saw signs of stabilization with effective and efficient cash flow management continuing to be a universal business objective. For years, invoice factoring has been the standard practice. In the factoring model, account receivables are originated by the seller or merchant.

Factoring produces the invoice in anticipation of selling the account receivable after the transaction is completed. If the seller or merchant is able, invoice financing occurs in exchange for immediate cash flow.

The invoice financing practice is successful in helping companies gain instant access to cash, which makes it a valuable and common way of doing business.

 

Improving upon the model, Compaynet is a factoring alternative that gives companies maximum invoice financing control. Compaynet automates the process and is superior to invoice factoring. Here are a few ways Compaynet is leading the way.

Initiating a Unified Accounts Receivable Process

Compaynet originates the account receivable and produces a white-label invoice to present a seamless brand experience to customers. Similar to how credit card companies operate, Compaynet administers underwriting to the buyer, authorizes the transaction, issues the invoice and manages the collection of accounts receivables.

Taking on Risk of Credit and Collections

Using advanced technology to manage credit and collections gives organizations the freedom to focus on delivering products and services to customers, without having to deplete valuable financial resources. With Compaynet, companies offload credit risks completely. While with factoring, protection to the seller is absent, often requiring credit insurance at an additional expense.

 

We have developed trade credit as a service in itself to keep businesses of all sizes ahead of the curve with business intelligence tools that decrease days sales outstanding (DSO) and increase revenue and purchasing power.

In a time that has required so many businesses get comfortable with additional risk, it’s encouraging to know there are tools to expertly manage accounts receivables.

Increasing Access to Credit

With Compaynet, organizations gain access to an unsecured credit line, which means the money is available nearly immediately to help keep business running smoothly. With factoring, there is the potential for a lien on assets, which may place restrictions on being able to sell accounts receivables and potentially pose challenges to gaining immediate access to funds

Onboard B2B Customers In a Flash

We empower your sales teams to invite customers directly from our portal; providing fast, easy buyer onboarding and credit decisions in less than 30 seconds.

 

Get Full Visibility With an Omnichannel Payment Solution

Understand your customers’ behaviors better by getting full visibility into their purchasing data and arm your sales teams with new ways to grow share of wallet.

One-Time Underwriting

When a business signs on with Compaynet, there is a one-time underwriting process for the buyer. This gives buyers transactional freedom to use their credit limit at the merchant in a closed-loop B2B payment ecosystem. In contrast, a factoring system typically does not underwrite the buyer, but instead it underwrites the seller or merchant, which means assessing customers’ credit strength and viability is an ongoing activity.

Advancing the Accounts Receivable Process with Compaynet

Compaynet provides the next step in the evolution of accounts receivable workflow, taking processes to the next level. It is a cash flow management solution to help grow business, reduce DSO and gain real-time transactional approval providing some reliability after a year filled with uncertainty.