PencilPay
Streamline your wholesale accounts and payments with PencilPay's automated solution, eliminating manual tasks and enhancing financial control effortlessly.
PencilPay delivers an all-encompassing platform designed for the effective management of wholesale accounts and payment processing. The setup process requires integration with current ERP and accounting systems, but this investment leads to a completely automated workflow. This automation plays a crucial role in removing manual processes, ensuring timely payments, and enhancing overall financial oversight.
What Is PencilPay?
PencilPay is an innovative FinTech solution tailored specifically for B2B enterprises that offer goods with payment terms. This platform simplifies the entire accounts receivable process, guiding users from customer onboarding to the final reconciliation of payments. Notable features of PencilPay include secure digital credit applications that collect payment information upfront, as well as automated billing on invoice due dates. Such a system allows small and medium-sized businesses to minimize manual administrative tasks, reduce the likelihood of late payments, and take charge of their cash flow effectively.
PencilPay Pricing
PencilPay offers four pricing plans, along with a 14-day free trial:
Payments Only: $0 for 3 users per month
Core: $59 for 3 users per month
Core+: $129 for 5 users per month
Enterprise: $249 for 10 users per month
For a personalized quote tailored to your business needs, feel free to request a custom pricing estimate.
Please note that pricing may vary over time.
PencilPay Integrations
This software seamlessly integrates with several platforms, including:
Xero accounting solution
QuickBooks
NetSuite
MYOB
Cin7 Core
Unleashed
WooCommerce
To gain further insights into its integration capabilities, consider watching a free demo of PencilPay.
Who Is PencilPay For?
PencilPay is well-suited for various B2B sectors, such as:
Wholesale food suppliers
Construction materials providers
Alcohol distributors
Consumer goods manufacturers
Clothing and apparel companies
Healthcare and medical suppliers
Packaging material vendors
Is PencilPay Right For You?
PencilPay is an excellent choice for businesses aiming to shift from reactive collections to proactive credit management strategies. Its primary feature is the incorporation of payment authorization during the initial customer onboarding process, which secures future revenue streams. Designed with security as a top priority, the platform complies with PCI DSS standards to safeguard sensitive payment information. By automating repetitive financial tasks, it enables businesses to extend credit confidently while concentrating on growth opportunities.
If you still have questions about PencilPay, please reach out to our support team at info@softwareseekers.com for additional assistance.