Client Scenario: Product importer
“The team at BPO are extremely helpful and took away the hassles of dealing with complex overseas billing and payments.”
The BPO service includes monitoring the processing of orders directly with the overseas agent, streamlining the mixture of landed and free-on-board customer billing.
BPO maximise the cashflow benefit – With long lead times to payment from large multiples both in the UK and across Europe BPO set-up and managed the confidential invoice discounting scheme for multi-currency ledgers (GBP£, Euros and USD$), ensuring compliance and draw-down of funds when required.
With BPO running the business support aspects the managing director was able to concentrate on business development and expanding the customer base. “Not only did BPO remove the need to manage an accounts department but the freed-up office space was able to be used to enlarge the sales team – now that’s what I call a result.”