I HAVE VENDORS & SUPPLIERS

VenConnect believes the connections between the client-vendor relationship is paramount and fundamental to the success of any business, and because of the criticality of that relationship, VenConnect’s Vendor Payment Solution is a fundamental tool each company should have at their disposal to optimize working capital and provide payment flexibility to their partners.

It’s all about providing options, options, and more options to your Vendors & Suppliers that will set you apart from every other company they’re doing business with!

DOES THIS SOUND FAMILIAR?

A VENDOR'S DILEMMA...

It has been a busy afternoon and an unexpected invoice has just come in that needs to be paid right away. Your company is healthy, you’re profitable, and financially stable, but you have payroll on Friday and there is not excess cash to pay this invoice until you collect on your open invoices which won’t be for another 25+ days.

If only there was a way, even if it was temporarily and/or periodically, to unlock your trapped cash flow by getting paid immediately!

BE THE SOLUTION...

As this Vendor’s customer, YOU are the solution – YOU can immediately provide the tool they need, with zero impact to your liquidity, by offering VenConnect’s Vendor Payment Solution. Now YOU have just solved this short-term and likely temporary cash flow crunch for your Vendor or Supplier!

Just imagine how much more dedicated they will be and how much harder they’ll work for your company because YOU gave them flexibility, payment options, and immediate solutions in a time of need that they’re not getting from their other customers!

GET STARTED

A FUNDAMENTAL SHIFT

Why should I offer a Vendor Payment Solution?

VenConnect's Vendor Payment Solution is not an A/P system, but rather represents a fundamental shift in how an organization should view its payments to vendors and suppliers. Some of the benefits of VenConnect's Vendor Payment Solution include:
 

  • Offer Vendors & Suppliers payment options on day one without impacting cashflow or modifying A/P terms
  • Decreases the need to use lines of credit and minimizes overall interest expense
  • An effective procurement negotiating tool 
  • Consolidates multiple Vendors & Suppliers to VenConnect
  • Reduces burdens on staff and increases efficiency throughout A/P process
  • Turns A/P Department into a revenue center through VenConnect's revenue sharing program
  • Deepens Vendors & Suppliers relationships by offering complete control of A/R collections
  • Ability to extend payables without negatively impacting Vendors & Suppliers thereby increasing working capital by unlocking trapped cashflow within the supply chain

ARE YOU THIRSTY FOR MORE?

SCHEDULE A DEMO

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