"The Leading Early Payment Provider"
The sustainable programme for ALL buyers & suppliers
Benefits for Buyers
NEW PREDICTABLE INCOME & SAVINGS
Generated automatically from your existing spend
ADHERE TO GOVERNMENT LEGISLATION
To ensure you are not liable to pay late payment fees
IMPROVED CORPORATE SOCIAL RESPONSIBLITY
Driving liquidity for all sizes of suppliers
P2P EFFICIENCIES & REDUCE COST
Reduces processing costs while increasing compliance
Benefits for Suppliers
OPTIMISE WORKING CAPITAL
Early payment will offer substantially improved cash flow
CAN BE REPLICATED DOWN EACH TIER OF THE SUPPLY CHAIN
Programme can be cash flow positive and margin additive
IMPROVED WORKING RELATIONSHIP
Closer working relationship evolves from receiving more predictable payments
HANDS FREE, FULLY AUTOMATED CASH ACCELERATION
Pay only for rebates taken based on actual days of payment acceleration
Oxygen’s implementation includes a process & change workstream to ensure our client is ready and able to accelerate payment times, we also include free e-invoicing for participating suppliers to help speed things up further. Every day has a value as the supplier rebate is dynamic and determined by the exact number of days an invoice is accelerated.
We have integrated with all common ERP systems and can integrate with legacy systems as well, our current programmes have been running successfully for years.
We do the majority of the heavy lifting but when we enter implementation there is work to do across the work streams. However, the level of resource you need to commit shouldn’t ever exceed a day of effort per week for any individual during that period.
So why choose us?
- Fully resourced solution
- Subject matter experts help optimise buyer and supplier processes
- Sophisticated analytics to measure and improve compliance
- Transparent, non-invasive technology works with existing ERP & Legacy Systems
- Pay for Value based model
Key Issues
- 75% of negotiated rebates not taken
- 70% of companies take 17+ days to process invoices for payment
- 60% of purchase invoices are still paper based
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