Jarrad Lawford 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.
The COVID-19 pandemic resulted in 2020 being defined by a huge uptake of business-to-customer (B2C) payment services, such as contactless transactions and online shopping.
What a year 2020 has been. We all had specific hopes and aspirations for the year and as we know, it’s turned out to be a very different outcome for everyone. Two words that sum up 2020 are uncertain and unpredictable, and while it’s been a tough year for business in general, we’ve decided to take a quick trip down memory lane and look back at the positives, the happy moments, and what we achieved for our customers.
Despite innovation in the payment methods offered to consumers, the way businesses pay each other has changed very little over the last 40 years.
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