Wholesale and supply businesses rely on great relationships with their business customers. Not only is this the lifeblood of their business, but providing a great experience for current customers ensures suppliers are referred to other great businesses in their customer’s networks as well. While these B2B relationships can be rewarding, the administrative and financial side of running a business can be tough. 

Spenda’s features for wholesalers and suppliers provide business owners and leaders with the tools they need to transform their operations. You’ll say goodbye to manual, time-consuming processes and hello to faster payments and streamlined operations. And with the boost to cash flow and efficiency that new digital systems provide, you’ll have more time to grow your business.

In this article, we outline some of the key features and benefits that wholesalers and suppliers will enjoy when they choose Spenda.

Get paid faster and make late payments a thing of the past

Spenda’s software allows customers to have a personalised view of their accounts receivable ledger, so they can see exactly what payments are due and when. As a business that likely has multiple invoices with a business customer at any given time, you’ll benefit from making it easier for your customers to pay you correctly, and on time. Simply offer a personalised portal where customers can track, group, and batch-pay all of their outstanding invoices in one place. And along with flexible payment options such as bank transfer, credit card and buy now pay later (BNPL), you can automate payment reminders that helps your business get paid faster, and removes the need to manually send out late payment notices.