Old ways die hard, business-to-business (B2B) merchant transactions in Canada:
by Credit Card
Why is this? Because Suppliers have a limited view of card acceptance benefits and the true financial impacts.
What We Offer
What is the best approach to accepting credit cards for your business? Where should you start? Does partnering make sense? If you are already accepting, how do you reduce processing fees? These are some of the challenges needing consideration in order to determine which direction to take. Let us help you make the process simpler, call us today.
Today’s supply chain systems have increased process efficiencies significantly however, the financial data flows that support these transactions have not kept pace as paper-based processes continue to impede advancement. If you’re offering payment terms, compelling reasons exist to consider card acceptance commercially: * get paid quicker * reduce bad debts * increase working capital.
Organizations are increasingly using cloud and mobile platforms to meet internal and external needs yet managing these risks from compromise is a difficult undertaking. The most challenging part of developing a risk management strategy is ensuring that it meets the needs of the organization while still being flexible, scalable and cost effective enough not to impede business objectives.
- Payments Consulting 45%
- Information Security 5%
- B2B Merchant Acquiring 55%
Credit cards as an accounts receivables strategy? It’s possible, let’s assess the situation
Commercial B2B Acquiring
It starts with an opportunity assessment:you can’t manage and improve, what you cannot see. And not knowing what and where you’re spending goes means not knowing where you can save. Let us do an assessment. We use spend analysis tools designed specifically for commercial payments to assess your environment.
Payments Channel Solutions Actionable ideas and recommendations report
There are a number of technologies and solutions today that effectively transform AR and AP departments from cost centres into profit centres.
- Supplier side benefits include: Improved working capital and process efficiencies across AR activities coupled with reduced bad debts.
- Buyer side benefits include: Improved cash management and process efficiencies across AP and procurement activities coupled with the potential to negotiate supplier discounts.
Frequently Asked Questions
Businesses have many questions when it comes to payments and how they can work best for their particular company’s needs. The following is just a sample of the types of questions we get asked every day by clients wanting to understand how to make payments work better for them.