Monday 12th July, 2021
EPSA and Proactis have announced a new partnership for bePayd, the dynamic discounting solution developed by Proactis. With this partnership the two experts will combine their knowledge and experience to optimise payments between buyers and suppliers. This will enable the EPSA group, a specialist in enterprise financial optimisation, to propose to customers a supply chain financing solution.
bePayd is a digital platform that allows buyers to automatically offer early payments in exchange for a small discount. EPSA experts will take over the marketing and functional implementation of the bePayd solution in France and support companies in the implementation of their discounting strategies, while maintaining a close relationship with suppliers to ensure their need are met.
"This partnership with Proactis allows EPSA to improve our offer of a supplier payment service. We were looking for a strong player in the management of supplier discounts that could meet our customers' needs. With bePayd, we can support companies looking for cash flow optimisation, especially in a period when investment rates are not attractive," said Laurent Sautré, Director of Corporate Finance Solutions - EPSA Finance.
Through streamlining and accelerating supplier payments, EPSA aims to boost the "supplier payment" function and transform it into a real opportunity to optimise operational and financial performance.
bePayd meets the challenges of buyers, by optimising the return on available cash, and the needs of suppliers, by improving their working capital without delay. The bePayd solution also contributes to supply chain optimisation and simplifies access to payments for suppliers, while working seamlessly with other supply chain financing solutions.
"We are delighted with this strategic agreement with EPSA. The bePayd accelerated payment facility is part of our Business Spend Management solutions dedicated to companies of all sizes and industries. We are convinced that EPSA’s expertise and market recognition will accelerate the deployment of bePayd," stated Olivier Jung, Director of Proactis France.