Monday 10th April, 2017
Esker has partnered with SlimPay to expand its Accounts Receivable solution by offering online payment capabilities via SEPA Direct Debit or credit card.
Esker’s partnership with SlimPay a European leader for payment by direct debit, will enable companies to meet immediate payment needs by offering a universal and easy-to-implement alternative.
The new payment capabilities will allow Esker to advance its order-to-cash (O2C) offerings - from order processing automation and customer e-invoicing to online payment and collections management.
“Improving working capital requirements is a priority for companies, along with improved customer relationships,” said Eric Bussy, Worldwide Corporate Marketing and Product Management Director at Esker. “By enriching our AR solution with online payment, we offer our customers end-to-end automation of their O2C processes. More than just a simple functionality, it represents a major evolution for businesses in how they can pay and get paid — combining speed, security and traceability.”
As part of the partnership Esker is now able to offer its customers a simple, 24/7 payment option for situations requiring prompt payment (e.g., order deposits, payment following invoice disputes, etc.). Unlike payment via credit card, SEPA Direct Debit allows the payment of large sums in Euros in the 34 countries located in the SEPA zone.
Esker’s customers can access their invoices and payment preferences directly from a secure web portal, where they can conveniently pay via direct debit in Euros. At the first transaction, customers enter their international bank account number (IBAN) and sign an electronic mandate, using the security code received via mobile phone, which is then used to make payment to the supplier.
As an authorised payment institution, SlimPay centralises all financial exchanges and ensures the confidentiality and security of all parties’ bank details.