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Oxygen Finance

Grow social value by paying small firms early

Accelerate payment to the small and micro suppliers who need it the most and deliver social value.

Helina Lad
Process Improvement Consultant
and Social Value Lead

0 bn
paid early to small and micro firms for free
+ 0
small and micro firms have received early payment
£'00 0 m's
in debt interest saved by firms thanks to FreePay
# 0
reason firms fail is due to late payment of invoices

Harness the social value power of your procurement with FreePay

Concerned about the social impact of your purchasing decisions, but don’t know where to start?

With FreePay you can support local activities, transform the experience of suppliers and advance the social impact of your part of the public sector.

Fast and easy implementation of FreePay into your finance systems

Using a clear, established process, FreePay can be introduced quickly into your finance systems.

Oxygen’s team works with yours to define your social criteria and identify eligible suppliers. Suppliers are then approached and enrolled.

Free up accounts payable time with automated accelerated payments

Payment is only made once all approvals have been met and is fully automated, freeing up your accounts payable team’s valuable time and resources.

A dashboard displays your payment performance against the strategy set for each supplier.

Trusted By

Supplier early payment without charge

Rather than levy a discount on suppliers, FreePay allows buyers to pay small business invoices early without a charge.

Delivering social public procurement

FreePay supports your social value agenda and local economies by injecting vital liquidity into small and micro firms.

Define your own eligibility criteria

Our experts can work with you to determine the eligibility criteria that best meets your social procurement objectives.

FreePay complements Oxygen's early payment

FreePay can run alongside with Oxygen's early payment programmes for larger suppliers, serving your entire supply base.

Book a call to learn how Freepay can help generate positive social outcomes from your procurement process.

Resources

Libby Daniels - Director of Client Services

Webinar

How To Create The Perfect Pipeline Management Process (or How To Create Order From Chaos)
Increasing demands on the public purse continue to put procurement teams under pressure. But with budgets continuing to shrink, strategic management of ever-growing pipelines and …

Case Study

Bexley Council’s journey to becoming one of the fastest paying councils
Oxygen’s team of process change experts worked with Bexley Council’s finance and IT teams to launch their early payment programme. …

Blog

Net-Zero Driving Growth in Council EV Infrastructure Opportunities
As councils get ready for net-zero there has been a significant rise in EV Chargepoint and Infrastructure opportunities over the last 3 months. …

Case Study

From spreadsheets to success: Croydon Council’s search for a Pipeline Management solution
Croydon Council used Pipeline Manager to accurately track procurement events from pipeline through to contract management. …