When it comes to distributors getting their money on time, nothing is more important than a reliable payments processor. But, what many distributors don't realize is there are a ton of hidden benefits to choosing Pepper's built-in payments solution over a more traditional standalone processor.  

In our recent webinar, James, Nick, and Jason sat down to talk about the struggles that distributors face when trying to reduce days sales outstanding (DSO) and the ways that Pepper Payments help distributors get their revenue faster and more reliably. Watch the webinar above, or keep reading for a quick summary.

Traditional Problems with Payments

While on the surface it may seem simple, collecting payments from operators is anything but easy. With many operators still writing checks and credit card fees being a hassle to pass on to the end user, many distributors end up with payment solutions that take too much time and cost too much money. Key examples:

• Physical Check Collection takes time - both from the DSR to collect checks from operators, but also in Accounts Receivable to receive and process those payments
• Credit Card Fees need to be itemized and invoiced in many states, and old ERP technology may not allow distributors to do that, meaning they have to eat the 3% or so associated with taking credit cards
• Low Operator Adoption for digital payments exist because payments are oftentimes hosted in a standalone product outside of the core e-Commerce experience

Pepper Payments Platform

Walking through the payments platform, it’s plain to see how many benefits distributors gain from switching to Pepper:

• In-app and web payments make collecting revenue easy
• Operators can set up autopay for hassle-free automatic revenue
• Partial payment workflows allow for invoice crediting
• Credit hold and chargeback workflows keep you updated as issues take place
• Itemized invoicing allows distributors to pass on CC fees to operators

Want to upscale your payments processing and reduce DSO? You can get in touch with us here.