Do you offer Net30 terms to your customers, even at online checkout? The new Credit as a Service® (CaaS) Magento Extension from MSTS allows Magento users to do just that – and more.
In this whitepaper you’ll learn:
- How to recognize B2B roadblocks in eCommerce
- How to build a better buyer experience
- How to get started with Net30 Terms on Magento
You will be able to provide B2B buyers with invoicing at checkout, personalized discounts and risk-free lines of credit using InvoiceMe, a dynamic CaaS tool. InvoiceMe allows B2B buyers to apply for credit and request Net30 terms for online purchases. Credit approvals take less than 30 seconds, so shoppers can apply for credit and make a purchase in the same visit.
Unlike in-house credit, which carries significant risk, Credit as a Service allows SMBs to outsource their B2B credit program. MSTS guarantees payment in 48 hours and owns the receivable. In short, you receive the benefits of extending credit terms, without the burdens of debt collection.
How does it work?
CaaS is a cloud-based software that provides a dedicated credit line for your customers. Used across all purchase channels, CaaS provides a central clearinghouse for purchase data allowing you to implement pricing strategies for B2B at the customer level.
CaaS provides invoicing at checkout and can be configured to meet the complex purchasing requirements of your buyers, including the creation of purchase orders for online purchases.
Download our white paper to learn how you can make it work for your buyers on Magento. The InvoiceMe extension is available on M1 and M2.
Download The White Paper