The nature of modern supply chains, their exposure to sudden currency shifts, raw material availability and cost fluctuations, combined with unprecedented energy bills, and the most competitive recruitment market in living memory.
Unforeseen items like rising fuel costs, transaction fees or interest can add to an avalanche of hidden costs. What happens in the event of a product recall, a spec change, or a major equipment failure? If they all land at once, how can UK manufacturers ensure their cashflow is protected?
Many are implementing all-in-one business credit card like Allstar as a way to improve cashflow security. The solution gives manufacturers the flexibility to negotiate the best deals, and with a flexible all-in-one-payments platform, you won’t be hit with any unexpected charges.
Allstar allows you to keep control of the cash going out of your business, pay suppliers up front and take advantage of up to 44 days interest free credit* rather than incurring deferred payment costs.
Consolidating all payments onto a single platform also brings the added benefits of visibility and simplicity. Where you have seasonal demand spikes, for instance, and money could be flying out in every direction, a consolidated dashboard view of spending makes it possible to keep track and control what’s going out of your business.
In this way, Allstar enables manufacturers to manage costs on a moment-to-moment basis, rather than waiting for spreadsheets to be updated and receiving the bad news days or weeks later.
Allstar Online is a live dashboard that generates a real-time view and eliminates potential cashflow problems and nasty surprises by revealing overspends, inefficiencies and mistakes quickly, before they have a chance to grow into full blown emergencies.
*Subject to status and full credit check.