Raxsonic

The Supplier Squeeze

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Suppliers applying the pressure

Does your business have a scenario where you have a make-or-break supplier, that despite the current covid-19 challenges is squeezing you and your business for payment?

You are finding it extremely difficult to establish a way forward that will ensure your business remains a float.

I can assure you there are many businesses in the same position, the reality is sometimes there is a need to find a different approach, or a third-party intervention, that can really help take any strain out of the process, before it ends up getting to a no return point and forcing the business to close its doors.

Generally, a SME will say to us we cannot afford to pay for additional services due to the current scenario we are in, it is because of this we find that we are able to provide a working solution without the added cashflow pressure.

We understand the day-to-day challenges of an SME, this is what we do, this is the sector we have spent the last 17 years working with. We know what it takes, and long-term relationships are key to any survival and growth.

We take pride in creating win-win solutions for SMEs, even if they are not an existing client, who knows maybe one day we will end up doing business together.

Could one of the factors adding to the cashflow pressure be a growing debtor’s book?

Maybe businesses you deal with are in lockdown still or they are trading but the impact of covid has stretched them too far to make a short-term comeback.

What is the impact to you and your business if they decide to close their doors today?

Is it your only customer?

Is it one of your biggest customers?

Whatever the reason now is the time to start the process.

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