getbalance

getbalance provides a comprehensive financial infrastructure built specifically to modernize B2B commerce. It addresses the core challenge in B2B transactions: buyers require flexible payment terms, while sellers need immediate and guaranteed cash flow. getbalance bridges this gap by offering a suite of products that automate and streamline the entire payment lifecycle, from checkout to reconciliation.

The platform is designed for B2B e-commerce stores, marketplaces, and wholesalers who want to offer a consumer-grade purchasing experience to their business customers. By embedding getbalance's solutions, sellers can provide instant financing options like 'Buy Now, Pay Later' (BNPL) and traditional net terms (e.g., Net 30, 60, 90) directly at the point of sale. This removes payment friction, encourages larger order values, and significantly boosts conversion rates.

How to use getbalance

Using getbalance involves integrating its financial tools into your existing business operations and e-commerce platform.

1. Integration: Connect getbalance to your e-commerce platform (like BigCommerce, Magento), ERP, or custom-built system using its robust APIs or pre-built native integrations.
2. Configure Payment Options: Customize the payment experience for your buyers. Enable options such as net terms, pay-by-invoice, ACH, wire transfers, and credit card payments at checkout.
3. Automated Buyer Qualification: When a buyer selects net terms, getbalance's AI-powered risk engine performs a real-time credit assessment, providing an instant decision without lengthy manual checks.
4. Seamless Transactions: Once approved, the buyer completes their purchase. The seller receives the full payment upfront from getbalance, eliminating any waiting period or cash flow gaps.
5. Hands-off AR Management: getbalance takes over the entire accounts receivable process. This includes sending invoices to the buyer, managing payment reminders, and handling collections, completely automating your AR and eliminating bad debt.

Core Features of getbalance

• Digital Trade Credit & B2B BNPL: Offer instant net terms and 'Buy Now, Pay Later' options to business buyers, with flexible terms up to 90 days.
• AI-Powered Credit Risk Management: Utilizes advanced AI algorithms for real-time credit underwriting, maximizing approval rates for buyers while completely eliminating credit risk for sellers.
• Complete B2B Payments Stack: Supports a full range of B2B payment methods, including same-day ACH, wire transfers, credit cards, and international payments, with optimized processing costs.
• End-to-End AR Automation: Fully automates the accounts receivable workflow, from buyer qualification and invoicing to collections and reconciliation, reducing administrative overhead.
• Marketplace Payment Solutions: A specialized OS for B2B marketplaces that simplifies multi-vendor transactions, automates vendor payouts, and provides embedded financing.
• Seamless API & Platform Integration: Offers powerful APIs and pre-built connectors for easy integration with leading e-commerce platforms, ERPs, and custom software.
• White-Label Experience: Allows businesses to customize the checkout and payment portal to maintain a consistent brand experience for their customers.

Use Cases for getbalance

getbalance is ideal for a wide range of B2B scenarios:

• B2B E-commerce Platforms: Online stores like Alibaba.com use getbalance to offer 'Pay Later' options, increasing average order value and customer retention.
• Wholesalers and Distributors: An electronics reseller or fashion boutique supplier can improve their cash flow by getting paid immediately while offering crucial net terms to their retail partners.
• B2B Marketplaces: Multi-vendor platforms like FASHIONGO leverage getbalance to streamline payments, provide instant payouts to their sellers, and offer financing to buyers, creating a frictionless ecosystem.
• Enterprise & Service Providers: Companies like Instacart Business use getbalance's embedded invoicing to simplify the procurement process for their corporate clients, eliminating the hassle of managing multiple credit card receipts.

Advantages of getbalance

Implementing getbalance offers significant competitive advantages:

• Boost B2B Sales: Businesses report significant increases in customer spend and average order value by offering flexible payment terms.
• Guaranteed Cash Flow: Sellers receive upfront payment for all transactions, eliminating the typical delays associated with B2B invoicing.
• Zero Credit Risk: getbalance assumes 100% of the credit and fraud risk, so sellers never have to worry about bad debt.
• Reduced Operational Costs: Drastically cuts down on the costs and complexity of managing an in-house credit and accounts receivable department.
• Improved Buyer Experience: Delivers a fast, simple, and transparent B2C-like checkout process that B2B buyers now expect.

Pricing and Plans

getbalance utilizes a custom pricing model tailored to the unique needs and scale of each business. Pricing is typically based on factors such as transaction volume, the specific products used (e.g., trade credit, payment processing), and the complexity of the integration. To receive a detailed quote, businesses are encouraged to book a consultation with the getbalance sales team.