By using the ‘Receivables Management’ solutions developed by Vortal and made available on its platforms, you can assure your suppliers that agreed payment deadlines will be strictly met.

A payment guarantee area for supplies negotiated on the platform is included which will:

• Ensure that payment deadlines negotiated are met; 
• Reduce costs associated with payments and receipts; 
• Enable better treasury management. 

This payments guarantee is issued by a Financial Entity (BES Leasing and Factoring), which on the date that the agreement is signed between buyer and seller, ensures the payment of supplies to be made available on the back of the agreed contract.   The beauty of this innovative service is not about paying invoices but rather:

• Ensuring payments when the sale is being negotiated;
• Knowing, beforehand, that the agreed payment dates will be met.

This is what the buyer gains in negotiating contracts and paying invoices with the Payments Management solution:
 
• Better payment deadlines;
• Better proposal prices;
• The payment initiative isn’t lost; 
• Get a better picture of the market, namely at the financial solidity level and meeting agreements with suppliers;
• A reduction in payment and service processing time;
• Positive impact on the Capital Fund.