Spenda

Using unsecured business loans delivers a practical approach to improving cashflow management. This delivers the flexibility, speed, and security needed to navigate financial challenges and enable SMEs to maintain a healthy cashflow, ensuring long-term success Inside Small Business

Spenda marked a strong September quarter with cash receipts from customers hitting a record $1.92m, 157% higher than a year earlier and up 6% quarter-on-quarter. The innovative software company with embedded electronic payment solutions for supply chains and trading networks notched up payment volumes of $74m, up 20% from $62m in Q1 of FY24 and this excluded $34m that Limepay processed in the quarter. A key achievement in the quarter was completion of the #Limepay acquisition, which provides Spenda with a #B2Bpayments ready technology platform, ready to deploy within its platform ecosystem. More at #Proactive #ProactiveInvestors #SPX http://ow.ly/6B7K105NtSw

🔵 Digital payments are transforming the buying experience, replacing traditional methods with greater speed, simplicity, and security.
 🚀 Spenda optimises payments for businesses with flexible, scalable solutions, enabling them to accept various payment methods anytime, anywhere—online, in-store, or on the go. And with secure and compliant systems, businesses can process payments confidently. ➡️ Upgrade your payment processes today: https://lnkd.in/gchRKccb

🟪 Stop #2 of the Capricorn Society Gala Dinner and Tradeshow event series, and WA really knows how to turn up the heat! 🔥 💜 Our team had a great time showcasing our SwiftStatement solution to the WA Members, helping them quickly reconcile their Capricorn transactions. We received a fantastic response and are looking forward to getting the Members on board. Excited for the next stop on our tour! 🚀 Adrian Floate | Dave Wood | Jeff De Zoysa

Spenda offers a single, integrated platform that brings together various operational and financial software tools. This simplifies the entire payment process, making it easier to send quotes and invoices, manage order disputes, and collect payments – which helps businesses operate more efficiently and reduces the financial strain caused by delayed payments. ➡️ Keen to learn more? Connect with us today : https://lnkd.in/gES5cbej

Pay faster and improve your bookkeeping with an automated payables solution. Spenda helps businesses reduce their AP workload by 70% 🚀 ➡️ Set up an account today to claim your first 30 days free: https://lnkd.in/gwKX8NEs ✔️ Quick digital set up ✔️Easy financial integration ✔️Pay multiple suppliers in one place ✔️Quickly apply for an unsecured business loan ✔️Save time and reduce errors ✔️ Improve payment security

Automating accounts payable and receivable boosts productivity and cash flow, driving growth. Despite the benefits, some businesses continue to use manual systems. Automation improves cash flow visibility, frees up time for strategic work, and enhances overall efficiency. 

💡 Did you know? With Spenda, businesses can now use an unsecured line of credit, delivered through a virtual credit card, to access the cash flow needed to operate efficiently. It's fast, flexible, and simple. ➡️ Quick digital application, apply today - > https://lnkd.in/gKdyXvAj

By integrating financial services directly into software applications and websites, businesses can automate financial processes which reduces manual intervention and lowers operating costs.

Optimising the Q2P cycle is essential for driving efficiency, reducing errors, and enhancing business relationships. By addressing common challenges with the right tools and strategies, businesses can improve operations and lay the groundwork for long-term success.