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Flinqer, Making Cash Flow.
"A profitable financial network for buyers and suppliers. Flinqer gives insight into the status of invoices and the possibility to get paid immediately."
Flinqer was created from the idea that the current cash distribution between buyers and suppliers in a supply chain is sup-optimal. This becomes increasingly difficult - also because of less financing from banks and the lengthend payment terms of invoices. Business partners will profit if the financial Supply Chain will be more simple, transparant and flexible.
We acted on this and created the financial network in 2012; Flinqer; Financial Linqer. Flinqer is a profitable financial network for buyers and suppliers. We crossed the milestone of 100 milj. of early payments at and average APR of 5,5% and have a customer (1550) statisfaction of 7,9.
For suppliers Flinqer gives insight and grip on cash flow, you can see when invoice will be paid. You get faster, immediate and flexible invoice payments. And you save financing casts, because it is less expensive than bank credit at an average APR of 5,5%.
For buyers Flinqer gives stability, via status insight invoices and optional direct payment. You get a higher yield on cash with an average of 5,0% APR extra yield because of discounts and saving purchasing costs. And it’s efficient, because of a reduction of incoming calls and an efficient invoice process.
A very simple and efficient solution for a big problem in the Finacial Supply Chain. There is no software necessary and easily linked to every ERP system.
Read also (in Dutch) the interview with Director Business Development Bram Hulshof at FM.nl
Dutch FinTech Awards: Bram Hulshof levert met Flinqer een stabiele cashflow
Goederenstromen krijgen onder andere bij supermarkten en in de bouw veel aandacht, en vaak zijn ze tot in de puntjes geregeld. Een ander verhaal is het met financiële stromen; die verlopen vaak nog verre van optimaal tussen klant en leverancier. En dat gaat ten koste van de cashflow én een optimale relatie tussen de twee partijen. Lees verder...