client (large buyer) supply chain vendors (sellers) 4. supplier makes online request for early...
TRANSCRIPT
Client (Large Buyer)Supply Chain
Vendors(Sellers)
4. Supplier makes online request for early payment on Day 7 & receives ACH payment (Day 8)
Liquid CapitalSCPay
Platform
1. Supplier completes sale of goods or services & invoices transaction on net 60 day terms set by Buyer (Day 1)
2. Buyer approves invoice & downloads to Platform (Day 5)
3. Email to Supplier notifying that invoice is approved (Day 5)
5. Early payment funded by either Client or Liquid Capital at Client’s election (Day 8)
6. If Client elects to maximize float, Client pays Liquid Capital on due date (Day 60)
Benefits to Suppliers Benefits to Clients (Buyers)
Suppliers better able to manage cash flow Positive working capital benefits Suppliers notified of invoice approval Access to platform to track invoices Payment is made by ACH - no waiting for check
Standardize payment terms on secure EDI platform Reduce Cost of Goods Sold by sharing in discounts Improved Cash Flow Strengthen Supply Chain financially Quantifiable administrative savings
SCPay Flow Diagram & Benefits to Client & Suppliers
Client (Large Buyer)
Supply Chain Vendors(Sellers)
4. Supplier makes online request for early payment on Day 7 & receives ACH payment (Day 8)
1. Supplier completes sale of goods or services & invoices transaction on net 60 day terms set by Buyer (Day 1)
2. Buyer approves invoice & downloads to Platform (Day 5)
3. Email to Supplier notifying that invoice is approved (Day 5)
5. Early payment funded by either Client or Liquid Capital at Client’s election (Day 8)
6. If Client elects to maximize float, it pays Liquid Capital on due date (Day 60)
SCPay Flow Diagram
Liquid CapitalSCPay
Platform
Invoice Received
Financed by Liquid Paid to Liquid
by Client
Approved invoices received from Client
Supplier draws down funds as required.
They decide timing
Client pays Liquid on normal terms
Processing discount (minimum) + Interest calculated between finance date and due date
Supplier View