Crafts enterprises are many ways in which quickpaid can be used profitably when purchasing goods – because one thing is clear: no growth without goods! Look at the following examples, where supply chain finance with quickpaid helps to achieve more growth:
Crafts enterprises such as tilers, painters or electrical engineers often have to purchase large quantities of goods in order to carry out their order. If defects are subsequently discovered or if additional approval by the building supervisory authority is required, it may take some time before the work is accepted. Time, which the crafts enterprise must wait for the payment by the owner.
If the next order is already due during this time, it can happen that the liquid funds for the next purchase of goods are lacking. Here quickpaid offers the ideal solution!
With quickpaid, the crafts enterprise can purchase larger quantities of goods – for example tiles, paint or installation material – and only pay after 60, 90 or 120 days. Then, when the end customer has paid for his order and the payment has been credited to it´s bank account.
For example bicycle retailer: Just in time for the beginning of the season, the new models should be available in the bicycle shop. Of course, the customer also wants a little choice, wants to test ride. Without the personal bike feeling, it is difficult for a shop to convince. After the quieter winter season, the bicycle dealer lacks the financial leeway to keep a larger product range in stock. But now there is quickpaid!
With quickpaid, the retailer can keep goods in stock and only has to pay back the bill after up to 120 days – when the cyclists have already enjoyed their first tour in the sunshine.
In the same way, quickpaid is also the ideal way for electrical retailers, booksellers, grocers and other retailers to finance their purchases.
In the manufacturing industry, purchase prices determine the margin. And these can fluctuate, for various reasons. In the wood-processing industry, for example, it is said that you should strike cleverly when prices are particularly low, for example after a storm – even if the cash register is rather clammy at the moment. To ensure that production companies can always buy at the lowest price despite low liquidity, there is the online purchase financing quickpaid.
With quickpaid, spontaneous shopping opportunities can be used and stocks can be built up. Thus, goods can be purchased in large quantities at low raw material prices and only be paid for at a much later point in time. This means that the sufficient procurement of raw materials is no longer a limiting factor thanks to quickpaid. Even liquidity bottlenecks can be avoided, as companies ideally only have to pay for their goods with quickpaid once the end customer has also already paid.
In the age of digitization, customizing software is becoming increasingly important, orders are piling up and large orders are beckoning. But how can this be achieved? The problem is often: the customer often pays for the service in installments. As a result, the liquidity of the service provider becomes scarce. However, running costs and especially personnel costs are still incurred. Here, quickpaid can create additional liquidity because it can be used very flexibly. Not only invoices for goods, but also service invoices can be submitted for financing. For example, services purchased from subcontractors, consultants, etc. can be financed via quickpaid. The only requirement is that the service has been fully rendered. Repayment is made when the final invoice has been issued.
Wholesalers and purchasing cooperatives use quickpaid as an effective sales instrument and increase their sales:
Customers who purchase larger quantities of goods and pay quickly and reliably are always the companies’ favourites. This is no different in sanitary wholesale, for example. If there is a lack of liquidity, customers often only buy as much as is necessary for the next work step. After all, the craft business often has to wait a long time for the client to pay for its orders. It becomes even more difficult with the liquidity, if costs for personnel, taxes, insurances etc. result.
As an effective sales and customer loyalty instrument, quickpaid solves your dilemma as well as that of your customer. Because you can directly offer the right financing for your goods and your customer is able to purchase larger batches at the same time. Likewise, quickpaid supports special sales or sales. You get your invoice paid immediately and reduce your receivables.
Further advantages: Loss of payment, dunning or credit checks are completely eliminated. This saves you time and money. Your customer also gains financial leeway: because the repayment for the goods can be made up to 120 days later – when the client has paid for his order.
Purchasing cooperatives bundle the purchasing of their members and thus secure more favourable conditions. In some cases, they also take over the delcredere for the members, so that the suppliers do not have to fear any losses.
Therefore, the goal of every purchasing cooperative is to unite as many members as possible and to constantly gain new ones. This is why more and more purchasing cooperatives are also offering financing models. Here, quickpaid is an excellent payment instrument for SMEs and bridges the gap between the desire to have to pay for the goods as late as possible and the suppliers’ desire to be able to book the immediate receipt of payment for the service rendered.
A manufacturer of air conditioners wants to sell seasonal goods on a large scale. Selling goods in large quantities is always more economical than selling small denominations. For the customer, the local retailer, however, it is cost-intensive to store the goods and more capital is tied up.
This is where quickpaid helps as a flexible sales instrument. Offer your customers quickpaid as a payment option. This allows the customer to buy larger quantities and has the option of paying later. Then, for example, when the air conditioners in offices and apartments already provide pleasant temperatures.
For the manufacturer of agricultural machinery, it is an important USP in the market that the affiliated specialist retailer network is quickly on site and can carry out repairs. Inventory must be constantly updated and actual demand is often difficult to plan. Therefore, a sufficiently stocked warehouse is necessary. But who finances the warehouse? Either the manufacturer maintains a consignment warehouse with the customer or he grants long payment terms and thus supplier credits. With quickpaid, the manufacturer can reduce this effort or avoid it altogether. Instead, they can offer the specialist retailer quickpaid as a payment option and receive their money immediately. The specialist retailer, on the other hand, can select a payment period of 60, 90 or 120 days by which he wants to pay for his delivery. This creates a win-win situation for both sides and gives retailers the financial leeway they need to be competitive.
With quickpaid, higher purchase volumes with longer payment periods can be achieved. This means that specialist retailers always have the resources they need to invest in new innovations and operate competitively.
In the B2C business, online merchants offer various payment options. But how do you deal with them in B2B business? Prepayment is good for the retailer, but “bad” for the customer. Payment on account creates risks for the supplier.
The solution is quickpaid! This means that the supplier receives his money immediately and bears no risk of default, while the customer pays conveniently when he receives his goods and already has them in use.