Defacto’s Post

Every business has its payment process, and the bigger a business is the more rigid that process becomes. Sometimes 'late' comes out of not properly discussing payment processes up front and assuming that if an invoice is sent with 14 days terms it will be paid as such. Sadly that's rarely the case when dealing with businesses who have fixed payment run dates and a rigid process. I think businesses claim they need X days to run that process, and for some, that will hold true, but for many it will be hiding inefficiencies in individual steps in the process (such as the invoice sitting on someone's desk for a couple of weeks before it gets approved etc). The best way to avoid / plan for these extended terms is to have a frank and open discussion about terms before you ever start doing any work / supplying any goods. That then gives you the choice to accept and go ahead or walk away from the sale. Of course, there will be those businesses out there whose policy it is to only pay on the final demand, but do you really want to work with a business that places so little value on their suppliers? #cashflow #creditterms #paymentprocess #conversations #smallbusiness

Struggling with cash flow? Consider offering discounts for early payments or negotiating better terms with suppliers. Small changes can make a big difference! 💸 #SmallBusiness #BusinessGrowth #CashFlow #ChangeManagement

Struggling with long payment terms from retailers? Waiting months for invoices to be paid can seriously slow down your business growth. Good news: factoring can help! Our easy-to-use factoring calculator helps you see how much working capital you can unlock by factoring your outstanding invoices. Don’t wait 30, 60, or even 120 days to get paid by retailers—get cash today and stay ahead of the game! ✅ Get an instant estimate on how much cash you can unlock ✅ Stay flexible and maintain your cash flow ✅ Keep your business moving without the cash crunch ✅ Straightforward fee structure 🔗 Try it now and calculate how much working capital you can free up: https://lnkd.in/g6w7uFvv #factoring #MFD #finance #CPG #consumerbrands #SMBs

Are you missing out on money from paying your suppliers? If you pay suppliers with a Virtual Card you can make money from: 💵 Reduced cost of process savings 💸 Improved Working Capital 💰Rebates driving cash to the bottom line Speak to The Whole Group about how they can make this a reality for large corporates looking to add millions in real cash to the bottom line. #thewholegroup #millions #procurement #savings #virtualcards #payments

#BlogUpdate Invoice factoring is on a steady rise and there is about to be a surge in the global market for it as per latest report by The Brainy Insights. Read on to learn more: https://bit.ly/45FnL6R #M1NXT #ImprovedCashFlow #CrossBorderFactoring #InvoiceFactoring #CrossBorderTransactions #Blog

Having trouble with your cash flow? Are slow payments causing frustration? Here are two major bottlenecks and effective strategies to overcome them: Slow Paying Customers Take control by setting clear payment terms and consider providing early payment discounts to incentivise faster payments. Quick Bill Payments Review your accounts payable and explore the possibility of negotiating longer payment terms with your suppliers. Don't let uncertainty hinder your progress – let us guide you through these challenges and ensure your business continues to flourish! Click the link in our bio to book a consultation and enhance your cash flow management. #CashFlowChallenges #PaymentTerms #FasterPayments #SupplierNegotiations #BusinessGrowth #FinancialConsultation #CashFlowSolution #SmallBusinessSupport #ExpertAdvice #GrowYourBusiness #AVLAdvisory

💡 Introducing Our New Finance Solution: Factoring! 💡 What is factoring? Factoring turns your outstanding invoices from retailers into immediate working capital. How does it work? Many retailers operate on payment terms like Net 30, 60, 90, or even 120 days. This means that after you deliver your products, you might not get paid for 1-4 months. But what if you need cash sooner to maintain flexibility and avoid a cash crunch? That's where factoring comes in. With MFD’s factoring solution, we can advance up to 50-80% of the value of your credit-approved invoices, providing you with the cash flow you need right away. 🔗 Learn more: https://lnkd.in/gDQKnpuw #MFD #Finance #Inventory #Factoring #Factor #debt #nondilutive #consumerbrands #CPG #brands #SMBs

Are you having difficulty enforcing your terms of sale? Unfortunately, many accounts payables (AP) organizations have their own agendas that encourage extending terms, despite any previous credit agreement to the contrary. Here's what can be done: https://lnkd.in/emgkuPBs #creditcontrol #receivablesmanagement #cashflow

16 Ways to improve your cash flow. 1- Invoice promptly and accurately  2- Shorten invoice terms  3- Offer multiple payment options  4- Enforce late payment penalties 5- Negotiate longer payment terms with suppliers 6- Use invoice factoring  7- Manage stock well 8- Regularly review expenses for unneeded costs 9- Increase prices 10-Lease instead of buying equipment  11-Encourage early payment discounts 12-Restructure debt 13-Monitor customer credit 14-Add complementary products and services 15-Outsource non-core activities so your team can spend more time selling 16-Build a cash reserve Want to find out how we would help in your specific situation? DM us the word CASH and we can book in a no obligation call. #cashflow  #businessfinance  #financialhealth  #profitability  #businessgrowth

I once worked with a client struggling to keep their business afloat due to poor cash flow. Together, we reviewed their finances, cut unnecessary costs, and renegotiated supplier terms. We also implemented an early payment discount system that encouraged customers to pay sooner. Within months, their cash flow improved, and they had the stability they needed to grow. Sometimes, small changes make all the difference! #CustomerSuccess #CashFlowFixes #BusinessGrowth #RealResults #FinancialHealth