Our client Steve is the owner of a construction company. He uses short-term credit from Puls to get an early payment discount from his subcontractors.
Subcontractors experience long and unpredictable gaps between invoicing and payment. While they wait for payment, they still have to pay for materials, labor and other project costs. That's why they offer discounts to their contractors.
A customary discount means that the contractor receives a 3% discount if the invoice is paid within the first 10 days.
For Steve, this means an attractive return on invested capital. He no longer has to take money out of the business to pay his bills early.
Founder of grau zu grün GmbH
Amazon Aurora encrypted DB clusters use the industry standard AES-256 encryption algorithm to encrypt your data on the server that hosts your Amazon Aurora DB clusters.
The GDPR-compliant service provider that will be linking your bank accounts to our system is finAPI.
We use the TLS (Transport Layer Security) standard which uses encryption to ensure the security of data and information in transit.