Proactis helps SMEs maintain healthy cashflow through bePayd app

Tuesday 24 March 2020 13:38 CET | News

Proactis, the UK-based B2B company, has launched an invoice payment service to help small businesses access funds and maintain a healthy cashflow.

The service, named bePayd, enables SMEs to receive payments of their invoices within minutes of them being approved. It works by offering suppliers of those businesses who use the service the option to receive payments on their invoices almost immediately, in return for a discount.

Therefore, funds are paid directly to the supplier by bePayd, which then claims the full invoice amount from the service user under the invoice payment terms.

Integration of the service will temporarily be offered free so that those reliant on timely invoice payments can access the cash they need to stay afloat.

More: Link

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Proactis, payment service, SMEs, cashflow, bePayd, invoice, payments , SMEs, B2B, suppliers
Categories: Banking & Fintech
Countries: United Kingdom
This article is part of category

Banking & Fintech

Industry Events