BidPay® is a Cloud-Based Technology
Instant, No-Cost Implementation.
Success is guaranteed or we earn no fee.
BidPay® is universally compatible with every ERP and accounting system with csv export capability.
- No investment in hardware or software
- No integration or conversion necessary
- No licensing fees
- No long-term contract
- No support or maintenance fees
- No change in business processes for buyers or your suppliers
- No work flow solution, document imaging required
Flexibe! Buyer establishes:
- how much, if any, surplus liquidity it wishes to deploy each week
- frequency of auctions
- length of auctions (hours or days)
- required ROI on cash employed to retire payables early (customizable for every supplier)
- which suppliers are eligible to participate in auctions (considers supplier size, location, industrty type, payment terms)
- bid format (APR or discount rate)