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Boost supplier cashflow and generate public funds with an early payment programme
Oxygen Finance help public and private organisations do business with each other.
We make payments easier and faster, so organisations can trade more effectively, and use big data and payment expertise to deliver a better social outcome.
Foresight, early engagement, and a deep understanding of local authority needs are critical to winning business.
Insights delivers it all, to give you a compelling competitive advantage to grow in the public sector.
Oxygen is the #1 early payment provider to the public sector, accelerating payments to suppliers.
Early payments also unlock valuable cost savings, which can be redirected into better local social outcomes.
Pipeline Manager is simple to use and cost effective. It helps public bodies meet their public sector pipeline publishing duties, and give suppliers more time to prepare their bid.
We spend over £300m with contractors. We’re trying to drive savings from our contract arrangements. Insights informs our procurement decisions.
Its good, clean, quick data gives us assurance around our contracting arrangements. I recommend Insights to other local authorities.
As a small business, good cash flow is essential, yet there are often challenges getting paid from larger corporates, with some operating at ninety days.
Payments have always been quick, but now they are even quicker, often within two or three days which is brilliant.
This programme is a win-win. Businesses get paid quicker and the council generates an income stream to protect frontline services. We chose Oxygen Finance because there are no upfront costs and they don’t get paid unless the programme succeeds. That is essential when funding is so stretched.
We create the invoices in the same manner, but from then it speeds up. We can get paid in three days. There’s no factoring involved. The only thing it costs is a small percentage of the total value. It’s worth every penny.
Using timely pre-procurement information from Oxygen Insights really gives our sales team the edge.
We used it to spot an opportunity that had only been published a few days before.
Within two hours we had a meeting booked in! That’s an opportunity we wouldn’t have known about without Insights.
Insights gives us deep data insights. Before, we spent hours retrieving contract registers and FOI requests.
Now our business development is laser-sighted, transforming our pipeline from potential to predictable revenue. I shudder when thinking back to the days before Insights!
