BidFin launches One Touch flexible customer payments solution
Summary
BidFin has launched a new financial product for the IT industry called One Touch that allows customers to opt into monthly, quarterly or annual payments for their upfront technology purchases, directly from supplier invoices. Head of BidFin A/NZ Ross Simon described the new product as a “game changer” for tech purchasing in Australia and it was available to all suppliers ranging from vendors, resellers, services entities and distributors. Within 15 minutes, One Touch freely integrates with all quoting and accounting platforms such as Xero, MYOB and Microsoft Dynamics 365. Simon explained the target market was any technology supplier that sells hardware, software or services that would like to recognise cash up front, while offering customers friendly payment terms without complexity. “Technology sales reps need a solution that provides integrated support at the flexible payments level with their customer engagements, adding value to their sales proposition” Simon said.