article thumbnail

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. .

Flow 355
article thumbnail

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.

Consumer 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

Flow 246
article thumbnail

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.

Planning 264
article thumbnail

Ecommpay has partnered with Mastercard to deliver Click to Pay for merchants across the UK and Europe

Retail Times

End-to-end payments platform, Ecommpay, has fully integrated the Click to Pay flow within its online payment interface. Retail Times - UK Retail News & Featured Articles Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides!

Flow 59
article thumbnail

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.

Flow 264
article thumbnail

Here’s a Guide to Different Electrical Equipment and Their Functions

Retail Focus

In this article, we will look at different types of electrical equipment and their functions so that you will never have an issue with it. Functions: Overload Protection: Breaks the circuit when too much current flows, stopping damage to electrical equipment. Transformers Transformers move electrical energy between circuits.

Flow 130