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Credit as a Service Review

1

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Very good

Revainrating 4 out of 5  
Rating 
4.0
ERP, Accounting and Finance

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Description of Credit as a Service

What can I do with MSTS’ CaaS? Onboard and Extend Terms, Instantly The InvoiceMe tool seamlessly integrates into your eCommerce site to extend risk-free lines of credit at checkout. In under 30 seconds, buyers can setup their account and receive instant approvals up to $250,000. Improve cash flow When a buyer makes a purchase using InvoiceMe, the seller will receive payment in as little as 48 hours, decreasing your day sales outstanding and improving cash flow. Increase conversions Credit cards are not the preferred payment method of B2B buyers and nearly 50% of buyers will not complete a purchase online because the preferred payment method wasn’t offered. Convert more users online by providing an alternative payment option at checkout. Integrate legacy systems In addition to a seamless integration into Magento, share data across all sales channels with quick and easy integrations with ERPs, CRMs, banks and business systems. Reduce Costs Improve your bottom line by mitigating risk and reducing your days sales outstanding. Receive payments immediately to increase cash flow. Transform your back-office receivables process with consolidated billing and automated reconciliation to reduce errors and improve invoice processing. Increase Sales Boost customer purchasing power, establish loyalty maintaining your relationship and grow your share of wallet. Attract new customers with automated onboarding, on-demand purchase terms, instant credit decisions and dedicated lines of credit across all purchasing channels. Enhance Customer Experience Reduce customer setup time with instant onboarding, provide a seamless buying experience across all sales channels and offer the payment option B2B buyers prefer, including custom pricing, at checkout online.

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Type of review

What can I do with MSTS' CaaS? Onboard and Extend Terms, Instantly The InvoiceMe tool seamlessly integrates into your eCommerce site to extend risk-free lines of credit at checkout. In under 30 seconds, buyers can setup their account and receive instant approvals up to $250,000. Improve cash flow When a buyer makes a purchase using InvoiceMe, the seller will receive payment in as little as 48 hours, decreasing your day sales outstanding and improving cash flow. Increase conversions Credit…

Pros
  • Can easily integrate into Magento
  • Can handle up to $100k transactions without additional fees
Cons
  • Can only process up to $100k transactions
  • The terms are complicated and lengthy