When you are asked to ‘deliver more with less’, small changes to your process can have a large impact. You need payments processes and partners who will support you in transforming how you make your payments and manage spend. Are you looking to:
Retail and wholesale businesses large or small who are importing and exporting product are at the mercy of both exchange rates and fees from their provider - often without a personal account manager handling their work. Caxton offer a personal account manager to all businesses regardless of size, as well as a range of advice and hedging solutions to individually tailor solutions to your business' exact currency needs.
The best retail and wholesale importers are always travelling and getting new samples and contacts – creating a stream of budget approvals, expense reports, and employee reimbursements, not to mention tracking spending for individual projects and organising information to set future budgets. In such a complex ecosystem, manual expense management invites room for delays, errors, and fraud or losses.
When you opt to abandon outdated manual expense processes, in favour of an automated expense management platform, the benefit is a multiplier of all staff. Moving to an automated expense management platform means diverting time spent chasing incomplete forms to reimburse employees, to more strategic work for all teams involved.
Sending hundreds or thousands of payments to staff and suppliers each month can be labour intensive and expensive. Overseas payments add an additional level of expense and labour. Maintaining adequate cash flow is one of the most important factors for any business day to day, so making bulk and payroll payments 1-2 weeks before the actual payday can leave businesses with a hole in their balance sheet. Automating payroll payments can lead to same-day payments, which could see your business in a better financial position.
Caxton provides the tools for transformational finance leaders in retail and wholesale to move the dial in talent and payments management. We keep an eye on the market so you don’t have to, and share our insights to let you focus on doing what you do best – providing great results. Below are just some of the resources we provide for retail and wholesale businesses.
Good compliance with expenses in your retail organisation starts with a clear business expenses policy. Download this comprehensive 7-page expense policy template suitable for your healthcare business - all ready for you to edit in MS Word and get the basics in place for clear policies and procedures covering all areas of expense management.
Just because you don’t yet work with us, doesn’t mean we don’t have something to offer your retail or wholesale payments transformation process – no matter where you are on the journey we have people and content designed to help you take the next best step for your organisation.
Caxton, the original fintech payments company, are transforming payments operations in British and global importing and exporting business, every day. Our expert teams live and breathe the retail and wholesale industries and understand first-hand the issues facing industry finance leaders as they transform legacy payments process in an effort to get more from existing resources.
We work one to one with your business finance and procurement teams to adapt our payments platform to your business' specific requirements. We have strong ties into British and European importers and exporters across the country, transforming payments, and modernising outdated payments process.
With 20 years’ experience, underpinned by the expertise of a strong (and growing!) team, we stand tall as a leading UK payment solutions company. Today, hundreds of thousands of organisations trust us to deliver their financial transactions – both domestically and internationally. Last year alone Caxton processed 8.6 million payments for organisations just like yours.
With no obligation and plenty to action from an information session - can you afford not to investigate?
Optimise your payments process. Say goodbye to missing receipts and time-consuming expense reports. Say hello to personal account management for international payments. Say hello to 1000's of supplier payments made in minutes. And speaking of - in just 30 minutes, you'll know if this solution meets your needs. Set up your Caxton account online or speak to an expert today on 0207 201 0554.