Changing the Technology Purchasing Experience
The payment solutions partner for suppliers
One Touch Solution
BIDFIN - One Touch from humm group on Vimeo
Products
BidFin provides a suite of competitive and easily accessed payment options to support the acquisition and retention of customers.
Our products cater for the entire IT supply chain and serve to promote sales and cash flow.
Our programs and the finance products within each one are scaled to our customers’ needs, whether it’s our short-term extended payment terms facility for Resellers, enabling managed service offerings or longer-term software payment plans, loans including IT hardware and managed services, lease and rental options.
Software Payment Plan
6 months to 36 months
Lease Payment Plan
6 months to 60 months
Rental Payment Plan
6 months to 60 months
An Australian based Fintech focussed on driving sales and cash flow for the technology supply chain.
BENEFITS
Distributors
Distributor Value
BidFin allows Distributors to:
- Boost market share – process more orders by clearing reseller credit limits
- Drive balance sheet efficiency – Remove contingent liabilities that are triggered by extending payment terms
- Increase profitability – remove internal finance costs incurred by extending payment terms
- Cash flow – get paid upfront and on time for every order
- Accelerate the sales cycle – remove barriers to increasing sales
- Competitive advantage – deliver payment offerings that provide a “best way to pay” differentiator
Vendors
Vendor Value
BidFin allows Vendors to drive:
- Increased deal sizes – eliminating budget hurdles
- Balance sheet efficiencies – removes contingent liabilities triggered by extending payment terms
- Profitability increases – taking away costs incurred by extending payment terms
- Cash flow – get paid upfront and on time for every order
- Sales cycle efficiencies – lowering the cost of entry
- Competitive advantage – use payment terms as a differentiator
Resellers
Reseller Value
BidFin allows Resellers to:
- Programmatically offer Payment Solutions to end users for software, services and/or hardware
- Offer customers payment plans aligning the cost with the benefit
- Clear credit limits to process more orders
- Improves cash flow
- Accelerate the sales cycle
- Leverage payments as a differentiator
Customers
Customer Value
BidFin allows Customers to:
- Pay in line with the usage and consumption of an underlying asset
- Increase ROI of the overall solution
- Generate Net Present Value (NPV) savings
- Align payments with budget cycles