The Invoier API can bring value in various contexts. Below you’ll find a few use cases that may serve as inspiration for your business case.
Use case #1 E-commerce website checkout experience
Target client: E-commerce website company looking to up their checkout experience
Use case
Via Invoier’s API, your customers are assessed during checkout to see at what price Invoier can offer invoice financing. If financeable; Invoier’s invoice alternatives of 30, 60 or 90 days are shown (with prices) in your checkout experience as complement to your existing payment options. Your customer selects the payment alternative that best suits his/her needs. Invoier sends direct payout to you, and takes care of the invoice dunning process towards your customer
Benefits
- Increased sales conversion by offering more payment alternatives in your checkout experience
- Improved customer satisfaction by enabling longer payment terms for your customers (without causing cash-flow delays for you)
- Competitive BNPL financing prices for your customers. Financing via Invoier is subjected to competitive bidding on our marketplace. Nobody can match the breadth of our financing coverage
- The API is offered free of charge / without any licensing fees
Use case #2 ERP system
Target client: ERP system looking to offer (better) factoring within their system.
Use case
Invoier’s API gathers data from your users’ accounts receivables to see for what price each unique invoice can be sold for at any given time. The invoice is subjected to competitive bidding by external financiers in Invoier’s marketplace - leading to fair and competitive financing prices offered in real-time. If financeable; the prices are shown to your users in your ERP-system. The user selects which invoices he/she wishes to finance - resulting in instant payout. Invoier takes care of the invoice dunning process towards the debtor
Benefits
- Flexibility. Your users can choose to sell all invoices or just one. No lock-in periods or hidden fees.
- Improved user satisfaction and solved liquidity challenges as your users never again have to spend time waiting for customer payments
- Competitive financing prices for your customers. Nobody can match the breadth and fairness of our financing coverage
- The API is offered free of charge / without any licensing fees
Use case #3 Factoring company
Target client: Factoring companies looking to offer more competitive financing prices to their customers
Use case:
Invoier’s API for invoice financing is a real-time financing solution which allows your customers’ accounts receivables to be matched with various external financiers on a marketplace. The API gives you the highest bid (best price) that each individual invoice has been matched with - resulting in fair & competitive price quotes for your customers’ invoices. The API is offered free of charge with a white-label option.
Benefits
- Flexibility. Finance one invoice or entire portfolios. No lock-in periods or hidden fees.
- Competitive financing prices. Nobody can match the breadth and fairness of the marketplace’s financing coverage
- Potential for increasing your customer margins when the marketplace’s financing terms are superior to your own terms
- The API is offered free of charge / without any licensing fees