One customer reduced payment cycle time by 50 % within 12 months
Customer redeployed 3,000 man-hours from payments to higher-value tasks like cash forecasting
Rebate dollars increased 50 % through automated clearing house and card usage
Suppliers benefit from streamlined processes when working with multiple hospitality customers. Rather than managing different payment methods for each relationship, they can optimise based on transaction type and buyer preferences.
Phil challenges the misconception that suppliers always accept payment the same way. Just as consumers switch between cash, cards and digital payments, businesses adjust their preferred payment rails based on circumstances.
Transaction type, processing efficiency and relationship factors all influence supplier preferences.“ As a platform, we have the ability to work with suppliers
One customer reduced payment cycle time by 50 % within 12 months
Customer redeployed 3,000 man-hours from payments to higher-value tasks like cash forecasting
Rebate dollars increased 50 % through automated clearing house and card usage
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