Helping Businesses Pay with Card
Businesses of all sizes use cards to pay their suppliers. Unfortunately, it is not always as simple as making a decision to use card when paying other businesses.
Often payment terms and methods are agreed at the start of a longstanding business relationship, and never reviewed. In Europe, this most commonly involves paper invoices being issued and a bank transfer being made at some point in the future (often as much as 60 days later). In some cases businesses still pay using cash or cheque!
Once a business has decided to use card with more suppliers, they often give up before contacting them. It can be a daunting conversation if you don’t understand the benefits to both parties. Some businesses simply may not have the resource or time to try! An outsourced Supplier Onboarding campaign is an efficient and effective alternative.
Kaboodl’s team of experts will analyse your supplier file and identify where card payment makes sense for you and your suppliers.
We also use AI technology to continually monitor and improve our analysis of your payment practices and identify new opportunities.
We will then manage a comprehensive email and telephone outreach campaign on your behalf and enable willing suppliers to accept card.