It’s been a busy and difficult few days for the entire banking industry. As many are aware, Silicon Valley Bank was taken into receivership by the Federal Deposit Insurance Corporation (FDIC) on Friday. As news broke we were already on the search for new banking partners. I am happy to report that we secured a… The post Message from our CEO appeared first on Plastiq.| Plastiq
December 07, 2022 02:10 PM EST Rayna Kumar: Good morning, afternoon, everyone. I’m Rayna Kumar, and I run US payment processors and IT services equity research at UBS. Today, I am joined by Plastiq management, CEO Eliot Buchanan and CFO Amir Jafari. Thanks for joining us. Eliot Buchanan: Of course [inaudible] glad to be here.… The post Transcript of UBS Global TMT Webcast – Rayna Kumar interviews Eliot Buchanan and Amir Jafar...| Plastiq
Ready to pay your suppliers through Plastiq? Here’s a short guide with a tour of our product and how you can add payment methods and vendor details. The post Plastiq Pay Quick Start Guide: Make Your First Payment on Plastiq appeared first on Plastiq.| Plastiq
If you’re looking for ways to grow your business, you might’ve come across the idea of inventory financing before. Though this type of loan sounds simple, there are a lot of financial and practical details you need to be aware of. Check out our guide to learn how it works and see what type is… The post Inventory Financing 101: Benefits, Pros, Cons & Types of Inventory Financing Loans appeared first on Plastiq.| Plastiq
Growing your business requires investment. Easier access to working capital can help you scale faster. Credit cards are a hidden source of credit for many business owners. Plastiq can help you pay any vendor by card (even if they don’t accept!) to fund expenses like inventory, supplies, advertising, freight, and more, keeping your burn rate… The post The Plastiq Calculator: Compare Card Fees to the Cost of a Loan. See How You Save with Plastiq appeared first on Plastiq.| Plastiq
In this white paper, Plastiq’s VP of Product, Aditya Mishra does a deep dive into the importance of tracking your cash conversion cycle. The post Taming the Cash Conversion Cycle appeared first on Plastiq.| Plastiq
There is at least one, undebatable truth when it comes to a business. Regardless of size or industry, you need money to keep a business running. Working capital is the fuel that drives the most crucial parts–labor, supplies, equipment, etc.–of any business operation. Without working capital, your business will never have what it needs to… The post Business Financing: What It Is & How to Get Financing appeared first on Plastiq.| Plastiq
If you own and operate a business today, you’re probably knee deep in the many, many mundane tasks that make up manual invoice reconciliation. The inconvenience of manually managing your accounts payable can not only be a huge waste of time but create opportunities for excessive human error. Simply put: manual accounts payable can often… The post Your Guide to Accounts Payable Process Automation appeared first on Plastiq.| Plastiq
We’re excited to bring you our latest playbook on how businesses can improve cash flow and scale business faster with 10 powerful best practices. This playbook was developed in partnership with several loyal customers who have leveraged Plastiq to get more access to working capital on demand, shorten the cash conversion cycle, and get paid… The post NEW PLAYBOOK: Get More Working Capital to Fund Your Cash Conversion Cycle appeared first on Plastiq.| Plastiq
Popular customer segments served by Plastiq are DTC brands, retailers, and wholesalers. These businesses leverage Plastiq to shorten the cash conversion cycle for inventory payments and float cash for advertising costs. Combined, these expenses can be up to 70% of COGs. Popular customer segments served by Plastiq are DTC brands, retailers, and wholesalers. These businesses…| Plastiq
