InstantPay for Suppliers

We understand how challenging late payments are for your business. They bring cash flow problems, create significant stress and limit your ability to invest and grow your business.

Previse offers the solution. Our technology enables you to be paid the day you issue an invoice – even before it has been approved by your buyers – or on receipt of purchase order.

Previse offers a sustainable solution which gives suppliers more certainty around their cash flow, enabling you to invest more and grow your business.

It creates cost efficiencies as you no longer have to take out credit to cover shortfalls in your cash flow while waiting to be paid.

Our research

To help us understand the challenges you face, we conducted a survey in late 2017. This was carried out by Censuswide with 500 decision makers from UK based SME organisations. They came from all industries and were supplying large corporates.

When we say SME, we mean organisations with between 3 and 250 people and turnover from £100,000 to £50 million.

The findings

The participants

How did they describe themselves?
Founder/CEO39%%
39%%
CFO/Finance21%%
21%%
Sales and marketing11%%
11%%
Operations18%%
18%%
Accounts receivable5%%
5%%
Other6%%
6%%
What size were their companies?
Less than £100k3%%
3%%
£100k to 250k11%%
11%%
£250k to 1m23%%
23%%
£1m to 10m37%%
37%%
£10m to 50m20%%
20%%
£50m and over6%%
6%%
How many employees did they have?
4-9 people12%%
12%%
10-4934%%
34%%
50-14927%%
27%%
150-24927%%
27%%

Quotes from the survey

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