movea leading provider of credit and payments platforms to Australian businesses, has announced the integration of Shift Trade with: Payis a payment reconciliation platform that allows businesses to offer multiple payment solutions through one e-commerce platform.
Shift Trade solves outdated trading terms programs, allowing customers to choose the terms that suit them, while providing suppliers with the assurance of payment without delay.
It is an embedded financial solution that streamlines business transactions, payments, customer onboarding, and collection processes and is the first business-to-business (B2B) solution available through: Pay.
According to Sales Director Paul Barker – Seller moveB2B suppliers are digitizing their purchase order systems to save time and make it easier for customers to experience purchasing, payment, and transaction terms.
“By switching to online purchase ordering, suppliers are providing a more personalized shopper experience, increasing visibility into their product range, and maintaining or reducing operating costs,” said Paul.
“This integration allows payFURL customers to easily enable B2B account payments at checkout through their Enterprise Resource Planning (ERP) or order management platforms.
“The end result is a centralized customer onboarding, payment and terms management, reconciliation and reporting toolkit that enables B2B suppliers to automate many arduous accounts receivable processes with a single integration.”
Companies using Pay As part of our e-commerce and online ordering platform, Shift Trade is now easily accessible, reducing the average number of days it takes to pay invoices, shortening cash flow conversion cycles and eliminating credit and payment risk while providing customers with a variety of term options. .
Scott Lingard, chief commercial officer at payFURL, said established and growing businesses need to further simplify their payment processing and financial management technologies while trying to meet customer demand for a variety of payment methods.
“Many businesses want to offer a variety of trading, treasury management and payment options, but don’t want the complexity and technical overhead that can come from having to integrate different platforms and solutions separately,” Scott said.
“Integrating Shift Trade simplifies the process with an approach tailor-made for B2B suppliers, while meeting the need for businesses to choose their own trading terms based on their individual circumstances and cash flow.”