Full-Time
Posted on 6/27/2024
B2B payment platform for invoicing
No salary listed
San Francisco, CA, USA
In Person
Wholesail is a B2B payment platform that streamlines invoicing and payments for vendors, especially in the food and beverage sector such as beer, wine, and spirits distributors and service contractors. The platform lets vendors present invoices in a clear, organized way, so customers can easily view and pay for goods or services. It operates on a subscription model where vendors pay to access a suite of payment- and invoicing tools, and it may charge transaction fees for certain payment methods. By focusing on the needs of the food and beverage industry, Wholesail differentiates itself through industry-specific features and a straightforward, efficient user experience. The company’s goal is to reduce administrative work, speed up payments, and improve cash flow for vendors of all sizes.
Company Size
11-50
Company Stage
Late Stage VC
Total Funding
$22.6M
Headquarters
San Francisco, California
Founded
2018
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Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Paid Vacation
Paid Sick Leave
Home Office Stipend
Phone/Internet Stipend
FlexiBake and Wholesail partner to streamline accounts receivable and payments for the food and beverage industry. For over 20 years, FlexiBake has helped 500+ bakeries and food and beverage producers drive visibility and efficiency in their operations. Now, FlexiBake is partnering with Wholesail to help their customers streamline accounts receivable. FlexiBake is an ERP software that helps customers manage orders, production, delivery, accounting, regulatory compliance, and traceability. FlexiBake's customers rely on them for innovation. So when their customers asked for a way to improve the accounts receivable process and make it easier for buyers to pay them, FlexiBake chose Wholesail as a partner. Wholesail is the leading accounts receivable platform for the food and beverage industry - helping customers simplify the accounts receivable process and get paid faster while enhancing customer relationships. Wholesail helps FlexiBake customers get paid faster. FlexiBake and Wholesail understand that chasing large numbers of overdue invoices is a challenge for food and beverage companies. To help, Wholesail integrates directly with FlexiBake and accounting systems like QuickBooks and Xero to give customers access to: * Automated email and SMS communications connected to a 24/7 customer portal, allowing customers to stay on top of their invoices, manage their account, and pay online * Workflow tools for accounts receivable reps that improve their collections efforts and save time * Customizable online forms to fast track credit applications and new customer onboarding to help evaluate risk The impact of the FlexiBake - Wholesail integration. Mutual customers like Crema Artisan Bakers, Firebrand Artisan Breads, Napa Bakery, and West Town Bakery have experienced benefits, including: * Receiving payments 35% faster * Significant reduction in credit card fees * Improved accounts receivable rep productivity, saving 40 hours/month per 500 buyers Everything's going good. I haven't had any issues, the customers seem happy, and FlexiBake Ltd. is getting payments a lot faster. 57% of all payments were made with Wholesail! "We are thrilled to bring an even more robust solution to our clients," said Desmond Brisbin, Head of Operations at FlexiBake. "This integration will help clients to manage even more of their operations efficiently with FlexiBake. Wholesail's advanced accounts receivable platform is a perfect complement for our existing set of features. We are excited to have found a great partner for providing more value from our ERP software." "Our integration with FlexiBake helps bakeries and other food producers improve their cash flow and customer experience while spending less time managing their high volume of invoices," said Eli Chait, CEO of Wholesail. For more information, visit paywholesail.com/flexibake.
NetYield partners with Wholesail to simplify and automate accounts receivable.
Wholesail integrates with QuickBooks to give BlueTrace customers access to:
To empower accounts receivable professionals to improve the efficiency and efficacy of their collections, Wholesail has rolled out a series of major enhancements to consolidate everything you need for AR in one place.
This collaboration integrates Wholesail's powerful AR platform with CAI's Seasoft, Food Connex, and Acctivate solutions, giving companies the tools they need to streamline financial operations, reduce administrative burdens, and improve cash flow.