Strengthen & stabilize your supply chain
Pay On Behalf
Tap into a new source of income and ensure your vendors are healthy and receive timely, secure payments with Pay On Behalf from Raistone and Mastercard, a new embedded finance program that’s quick and easy to get up and running.
If you’re worried about the viability of your vendors or their risk of fraud from questionable factoring providers with high costs, Pay On Behalf could be the right fit for your business needs.
By offering your vendors an embedded finance solution, you can enhance your negotiating power while providing value to vendors who may not be part of your current Supply Chain Finance, Dynamic Discounting or Virtual Card program. This streamlined approach not only boosts vendor health but helps unlock new revenue streams for your business without the worrisome commitments that traditional finance programs require.
In addition, if your approved vendors choose payment on a Mastercard virtual card, they can get paid as early as the day you receive their invoice or send a purchase order, as opposed to corporate virtual card programs that pay in 30, 60, or even 90-plus days. Other common electronic funds transfers, such as ACH or wire, are also available to your vendors.
Companies with complex supply chains can tap into millions of dollars in new income, while simultaneously strengthening relationships with their vendors, by leveraging Pay On Behalf, a new embedded finance program from Raistone. In this example, we show how one company earned $4.4 million by bolstering its supply chain.
Reduce Fraud Risk. Protect your vendors from predatory factoring companies and ensure they receive fair treatment.
Increase Supplier Viability. Earn competitive pricing from your vendors to increase their viability and improve the health of your supply chain.
Enhance Negotiating Power. Vendors benefit from prioritizing you as a buyer of choice when you offer them the option to be paid early.
Gain Earnings Enhancements. Earn new income from your spending while maintaining your existing payment processes.
Allow Vendors to Accelerate Payment. Get your vendors paid as early as the same day you receive their invoice or send a purchase order, enhancing supply chain health.
Reduce Operational Cost. Avoid dealing with dozens of annoying and time consuming factoring companies.
Provide Payment Options. Vendors can choose to receive payments via Mastercard virtual cards, ACH, or wire transfers, ensuring they get funds faster than traditional methods.
Retain Payables Treatment. Your company maintains its financial flexibility without any accounting impact.
Maintain or Extend Days Payable Outstanding. Hold onto cash longer and optimize the allocation of funds to meet your business needs without straining vendor relationships.
By partnering with Raistone and Mastercard, you can gain a competitive advantage by harnessing the power of embedded finance.
As the world’s largest business-to-business embedded finance provider, we are uniquely equipped with a robust market funding capability that others in the industry lack. You have the opportunity to connect your vendors to financial tools that will benefit their business and make you the buyer of choice.
Raistone facilitates the financing of billions of dollars in transactions annually through our combination of bank and non-bank funding. We are backed by equity investments from a broker dealer, $30 billion family office, $900 billion wealth manager, and an international bank, providing unparalleled access to institutional capital.
Our partners
Raistone technology enables the world’s largest firms, including SAP, NetSuite, C2FO, and Infor, to deploy an embedded working capital finance tool for millions of users. Our proprietary API, Raistone Connect, can be embedded in the ERPs and other platforms that companies already use.
We also partner with Mastercard to provide virtual card payments, which allow you to gain an earnings enhancement on advanced payments.
