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Suppliers: How to get your retail business customers to pay you quicker

Inside Retail

In this article, we outline how your business can strengthen its cash flow and grow by providing more payment options to retail business customers. While trade credit may be convenient for your customers as they don’t need to pay anything upfront, it can cripple your business’s cash flow when payments are late. .

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BNPL: It’s been a hit for consumers and now businesses get their turn

Inside Retail

Offering people the ability to spread out their payments for goods and services across regular intervals enables consumers to better manage their own cash flow. With the potential to transform how companies manage their cash flow, BNPL for businesses is here to stay. . Increase payment terms without restricting your cash flow.

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The benefits of financing your business growth

Inside Retail

In this article, we outline the benefits of financing your business growth through non-bank lending channels. Forecast cash flows more accurately by having more certainty over money coming into the business. Limit credit exposure, get paid on time and drive improved cash flow. Forecast cash flows more accurately.

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Why it’s a good idea to offer payment plans to your business customers

Inside Retail

This article outlines why tapping into automated accounts receivable solutions along with offering more convenient payment plans to your business customers is a good idea and smart business practice. After all, when one business pays another business late, it usually results in a late payment flow-on effect across the supply chain.

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The retail turnaround rules

Inside Retail

To give you a glimpse of what you can expect from this year’s report, we are sharing selected articles over the coming weeks. This includes understanding the customer, challenging the relevance of the business core value proposition, and identifying the operational levers to improve profitability, cash flow, and enterprise value over time.

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Four Pillars of a Successful Business, Part 4

Retailing Insight

T he Magic of Cash Flow: Fueling Business Growth through Effective Management is the final article in a four-part series that explores the four pillars of a successful business. Cash – Manage your cash flow, manage your growth. The first step is understanding what the cash flow challenge of your business is.

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2023 economy: growth rate slows as regulators battle inflation

Inside Retail

The shift in spending towards online channels is another permanent outcome of the pandemic, with annual events such as the Black Friday and Click Frenzy sales helping to propel end-of-season retail sales well into November , permanently changing the flow of consumers’ retail spending patterns. Download here.

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