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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. . Boost cash flow.

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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. . Click here to download your free guide.

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

Inside Retail

Late payments may occur for several reasons, including administrative errors, cash flow problems, manual processes where invoices get lost in email inboxes or the post, or it can be simply put down to limited payment options. Happy customers are loyal customers. This article is for general information purposes only.

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The benefits of financing your business growth

Inside Retail

For example, a Business Characteristics Survey from the Australian Bureau of Statistics found that 41 per cent of businesses needed finance to strengthen their cash flow while a further 30 per cent of companies were in need of capital to upgrade machinery and equipment. . Limit credit exposure, get paid on time and drive improved cash flow.

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Employee-first tech could transform the retail experience chain

Retail Focus

At the same time, we also need to be driving real-time visibility for managers, designers and store merchandisers so they can grasp more of what’s happening daily, right on the shop floor. . Traditional paper-based checks can create blindspots when it comes to managing the retail experience. DOWNLOAD NOW.

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Bunnings, Priceline, TerryWhite Chemmart on what drives their retail success

Inside Retail

While the report is free to download, a ranking only tells you so much, so we reached out to the leaders behind the brands to understand the key drivers of their commercial success in FY24. The full report can be downloaded in the November issue of Inside Retail Australia magazine. As a health-first retailer, this is essential.

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How pharmacies are tapping into personalisation tech

Inside Retail

Customers are already getting used to adopting digital technology to manage their health, whether it be the government’s Medicare app, the MedAdvisor app for prescription management, or retailer apps like Chemist Warehouse’s Health @ Your Fingertips or Amcal’s health management app.

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