TreviPay, the leading B2B payments and invoicing network, has partnered with Northern Tool + Equipment, a well-established supplier of tools and equipment for businesses across America.
This collaboration aims to provide businesses with enhanced payment flexibility and a seamless purchasing experience, according to FF News.
The partnership between TreviPay and Northern Tool + Equipment is designed to offer greater convenience and flexibility in managing payments for businesses. The collaboration brings forth the new Northern Tool Commercial Account program, which is aimed specifically at businesses, offering them net 30 payment terms and flexible invoicing options. This is part of an effort to meet the diverse payment preferences of B2B buyers across the United States.
TreviPay is a trusted provider of B2B payments solutions, offering businesses a comprehensive invoicing network. Their technology simplifies the invoicing and payment process by providing automated application decisioning, quick buyer onboarding, and streamlining accounts receivable functions. This helps businesses improve their back-office efficiency and focus more on growth and customer service.
Northern Tool + Equipment, on the other hand, is a major supplier of tools and equipment, offering a wide range of products for businesses that require durable and high-quality tools. The company has been a trusted partner for over 40 years, delivering products that meet the demands of professionals in various industries, from construction to automotive.
The partnership brings the Northern Tool Commercial Account program to life, allowing businesses to complete purchases seamlessly across various sales channels, including in-store and digital platforms. An important customization in this program is the option for business owners to assign employees to pick up products in-store, providing added convenience. This aligns with a recent survey by McKinsey, which highlights the growing demand for omnichannel payment experiences from B2B decision-makers.
By integrating TreviPay’s technology, Northern Tool + Equipment can offer net terms to its business buyers, ensuring faster and more efficient payment processes while reducing manual, back-office work. The programme also helps improve customer loyalty by providing businesses with a smoother, more flexible payment experience.
“Payment experiences serve as critical, but often overlooked opportunities to build B2B customer loyalty,” said TreviPay CEO Brandon Spear. “Without thoughtful management of payment touchpoints, including seamless payment processes and offering preferred purchase options like net terms, today’s retailers risk losing ground to those that prioritize customer experience at check-out.”
“For over 40 years, the folks who tackle the toughest jobs have counted on us to deliver more than just tools—we deliver the kind of service that gets the job done right,” said Lisa Cordes, Director of Finance Shared Services at Northern Tool + Equipment. “Teaming up with TreviPay lets us bring that same no-nonsense, get-it-done attitude to checkout. Because when it comes to payment options, our customers deserve tools that work as hard as they do.”
Source: https://fintech.global/
