Case Study:
Pay On Behalf Client
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. Learn how these earnings enhancements could benefit your company.
Company Generates $4.4M in Revenue with Pay On Behalf Program
Raistone’s Pay On Behalf (POB) program allows our clients to seamlessly provide early payments and embedded finance to their vendors. We help optimize the process, offering faster payment options to vendors while adding a new stream of revenue for businesses across industries. In this example, we show how one company earned $4.4 million by bolstering its supply chain.
Companies that utilize POB can manage working capital more efficiently, allowing business leaders to reinvest in other areas of the company’s operations. Our clients can earn up to 1% cash back for enrolled vendors without the commitment to pay or the need to change invoicing and payment processes. POB also allows for diverse payment channels, including check, ACH, wire, and Virtual Card.
A client’s vendors were struggling with extended payment terms and cash flow bottlenecks. As a result, the company sought a way to speed up payments to vendors without increasing debt, adding to their supply chain finance program, or impacting balance sheet obligations.
POB helps improve or maintain supply chain health and is a non-debt solution for vendors. The program would enable the company to extend days payable outstanding (DPO) without negatively impacting relationships with key vendors.
Key benefits of working with Raistone:
$4.4 million in revenue that the company previously did not have provided access to additional working capital.
Billions of dollars in financial transactions enabled by Raistone every year, with facility sizes ranging from $50,000 to $500 million.
Strong partnerships with world-leading institutions including Mastercard, SAP, and Oracle.
A world-leading fintech owned by a full-service broker dealer, a $30 billion family office, a $900 billion wealth manager, and an international bank.
Our client earned an incremental return on their purchasing. This earnings enhancement on their spend processed through Raistone directly contributed to additional income.
This partnership opens doors for the company to speed up payments without increasing liabilities, as well as strengthen vendor relationships, improve supply chain health, and gain an earnings enhancement, identifying POB as a clear win for larger corporates.
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