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Suppliers: How to get your retail business customers to pay you quicker

Inside Retail

In this article, we outline how your business can strengthen its cash flow and grow by providing more payment options to retail business customers. While trade credit may be convenient for your customers as they don’t need to pay anything upfront, it can cripple your business’s cash flow when payments are late. .

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BNPL: It’s been a hit for consumers and now businesses get their turn

Inside Retail

Offering people the ability to spread out their payments for goods and services across regular intervals enables consumers to better manage their own cash flow. With the potential to transform how companies manage their cash flow, BNPL for businesses is here to stay. . Increase payment terms without restricting your cash flow.

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The benefits of financing your business growth

Inside Retail

In this article, we outline the benefits of financing your business growth through non-bank lending channels. Forecast cash flows more accurately by having more certainty over money coming into the business. Limit credit exposure, get paid on time and drive improved cash flow. Forecast cash flows more accurately.

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Why it’s a good idea to offer payment plans to your business customers

Inside Retail

This article outlines why tapping into automated accounts receivable solutions along with offering more convenient payment plans to your business customers is a good idea and smart business practice. After all, when one business pays another business late, it usually results in a late payment flow-on effect across the supply chain.

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Why retailers are replacing staff with AI bots. Hint: it’s all about the data

Inside Retail

Instead data flow shapes them personally, and they develop what we recognise as experience or expertise. Because a business that runs on data flowing in smooth loops is essentially an equation. At stake is the hidden lifeblood of the 21st-century business: data. The post Why retailers are replacing staff with AI bots.

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2023 economy: growth rate slows as regulators battle inflation

Inside Retail

The shift in spending towards online channels is another permanent outcome of the pandemic, with annual events such as the Black Friday and Click Frenzy sales helping to propel end-of-season retail sales well into November , permanently changing the flow of consumers’ retail spending patterns. Download here.

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How pharmacies are tapping into personalisation tech

Inside Retail

In this article I explain why and look at three big opportunities for pharmacy in the years ahead. After downloading the app, users are taken through a 25-question onboarding flow that leads to a personalised set of health resources and free health programs that help customers build healthy habits. So, why pharmacy?

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