Collect from business accounts on the day they approve

How do wholesale and distribution businesses usually get paid?

Distribution runs on repeat orders from business accounts, often on net terms and often paid by check. A slow check from one account is a cash-flow problem multiplied across many.

Some accounts are put on cash-in-advance after paying late, which slows orders down for everyone.

Where do check drafts help?

• Repeat orders from the same accounts, invoiced per order.
• Accounts that pay by check and are often late.
• Releasing an order as soon as payment is approved, instead of waiting for a check.
• Collecting past-due balances from accounts that want to settle today.

Which authorization fits best?

For regular accounts, a blanket authorization once per invoice, capped at your largest typical order. Each draft emails the account a notice with the amount.

If your credit application already includes draft authorization, record it on file.

What does a typical week look like with DraftPay?

1. 1

   Drop in the invoice or check

   Quick Draft reads the payer, bank details and amount, and matches the customer you already have.

2. 2

   Your customer approves

   From an emailed link, or not at all under a blanket authorization or one you already have on file.

3. 3

   Print the drafts together

   Approved drafts wait in your print queue. Print them in one batch on blank check stock.

4. 4

   Deposit and move on

   Deposit them at your own bank. Every draft keeps its signed record.