Spenda 9 July - 3 min read
We’re excited to announce the launch of SpendaCollect. This payment platform enables customers to view and pay one or many outstanding invoices in a single payment transaction so businesses get paid on time and improve their cash flow.
The manual effort and associated costs of managing and reconciling accounts receivables is a huge productivity drain on most businesses.
The SpendaCollect platform solves this problem by providing businesses with an online statement based payment service. We are making payments easier to control for the business and easier to pay for the customer.
The company’s Managing Director, Adrian Floate, says “What makes SpendaCollect unique is that paying customers can group and split invoices into a payment arrangement that suits their needs.”
“Payments received through the SpendaCollect platform allow businesses to quickly and simply reconcile the inbound payments against the invoices within the platform without having to reconcile each payment against each invoice manually.”
“The combination of SpendaCollect and Spenda’s other payment services, such as SpendaPay, will provide both a considerable productivity boost and significant cost savings for customers.”
“Having worked with businesses for more than 20 years I know how much of a game-changer this will be,” he said.
Use this calculator to estimate how much money you could save by using SpendaCollect.
This should be used as a generic guide only.
SpendaCollect will be launched initially within the Australian market with plans to expand the product to suit a global market.
With measures such as the Federal
Government’s JobKeeper Payment
Scheme ending on 28 March 2021,
a slight cooling in the country’s
economy wouldn’t have been a
surprise. However, that hasn’t been
Services-based businesses require many systems to run smoothly. From bookings and project management, to operations and payments systems, everything can take a lot of time to organise and manage, so it’s critical you have systems and processes that enable you to deliver a smooth customer experience, and get paid on time.
You might have heard a bit about Spenda and perhaps you are keen to learn more? Or maybe you have recently discovered our business? Either way, we thought we’d dive deeper into who we are, what we do and how we help businesses excel so they can trade faster and most importantly get paid quicker.
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