More and more, buyers are looking for innovative ways of paying their suppliers by card. Whether this is to take advantage of Supply Chain Finance, to improve payment efficiency or to make use of card scheme rebates, Adflex has a range of services to help.
We can carry out simple, highly effective supplier on-boarding campaigns, which will ensure that your suppliers are accepting your card payments as quickly as possible. Using a combination of phone, letter and email campaigns together with regional seminars and face to face supplier meetings, we can quickly assess your suppliers’ card acceptance capability and advise them on what they need to do.
Each on-boarding campaign has a customised supplier on-boarding portal, providing information to how Adflex can assist. We are also able to provide competitive wholesale merchant service charge rates to Adflex customers significantly reducing your card acceptance costs.
Tips for Successful On-boarding and Enablement
Before any on-boarding campaign, we determine the correct contact methods, timescale, and overall approach. Providing accurate data such as key stakeholder contact information is vital to making an onboarding campaign successful, enabling our team to make direct contact with decision makers, opposed to cold calling and delaying success rates.
When it comes to supplier on-boarding, cost reduction and savings are crucial requirements for both buyer and vendor. The inclusion of payment technology solutions needs to be beneficial to all parties. It’s important to highlight and share why the decision was made to promote card spend, to encourage buy-in from all levels and understanding of the benefits. From reduced payment terms to the inclusion of ‘preferred vendor status’.
Moving forward and progressing to a new card program can take time, some partners will have the IT infrastructure and skill to accept straight away, while others will seek assistance and training to accommodate new payment technology. Adflex can provide user-friendly solutions while assisting all on-boarding partners correctly and efficiently.
For more information, please contact us.