Aon, the world's leading risk management, insurance and brokerage firm, has entered into a partnership with Fintecture, a specialist in payment by bank transfer, to offer their customers collection solutions adapted to B2B, in addition to their existing offers for securing receivables.
Payment, at the heart of sales development for businesses
Present in over 120 countries and territories, Aon helps its customers to anticipate and manage their risks, offering them financing, credit insurance, factoring and bonding solutions. In these mechanisms for developing and protecting receivables, payment - whether orchestrated in cash, on the due date or after the due date in collection procedures - is a key stage, at the heart of the customer experience, team productivity and cash management.
Offering efficient, customizable payment solutions adapted to the B2B context, Aon's existing services for securing cash receipts are complemented, and address all the company's sales channels, particularly e-commerce distribution.
Supporting the digitalization of purchasing
The growth of online sales has put customer acquisition and conversion at the heart of business concerns. Faced with these crucial challenges, Fintecture offers innovative payment solutions that have already won over renowned players such as the Adeo group (Leroy Merlin, Bricoman), Edenred and Aramisauto.
In just a few years, Fintecture has established itself as the essential solution for simplifying the collection of high value payments, both cash and due. Its transfer solutions bypass the barriers encountered with "traditional" payment methods: restrictive bankcard ceilings, complex reconciliation of bank transfers and cheques.
"With some of our customers, we're seeing Fintecture recover up to 40% of failed credit card payments," says Sophie Marot-Rémy, VP Partnership and Marketing at Fintecture. "Our technology and reconciliation algorithms not only streamline the customer payment experience on the payer's side, but also the processing of cash receipts on the merchant's side."
Automate management of outstanding receivables
At a time when 82% of French companies are experiencing late payments, and unpaid invoices represent a major risk to profitability (73% of companies will have suffered significant financial losses by 2023), the automation of receivables management is becoming a strategic lever for finance departments.
Aon, a leading risk management consultancy, and Fintecture, a specialist in payment by transfer, have joined forces to offer solutions that enable companies to secure their collections and optimize their collection procedures. Thanks to advanced functionalities such as the integration of payment links in invoices, the sending of automated reminders and the use of digitalized collection campaigns, companies can reduce their DSO (Days Sales Outstanding) and lower the operational cost of collections.
Fintecture plays a key role here by streamlining the payment experience, bypassing the limitations of traditional payment methods and facilitating accounting reconciliation. By integrating these solutions, companies can strengthen their cash flow while improving customer relations and productivity.
"Aon France's Trade Credit Department was won over by these solutions, which automate and delegate the management of small amounts outstanding, in all sales contexts," says Jordane Despalin, broker at Aon. "In the current economic climate, it perfectly meets the needs of our customers who are looking to develop their business and innovate while controlling risk."
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Overview of BtoB payment solutions
In this guide, Fintecture offers you an overview of BtoB payment solutions (cash and due date) and highlights various payment trends.
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