Financial Services - Melbourne, Victoria, Australia
OmniPay is an innovative financing solution that allows subcontractors and suppliers to be paid within 1 business day of approval of their invoices. This improves cash flow and allows them to fulfil more jobs and orders and grow their business. We offer the first true win-win supply chain finance in Australia, with great benefits for customers, buyers and their supply chain. Our solution relies on the collaboration between suppliers and customers and is offered with the support of participating customers and buyers. With OmniPay, we pay suppliers and subcontractors 85% of the value of their invoice within 1 business day of their customer approving the OmniPay request. The remaining 15% (less fee) is paid to the supplier when the customer pays us for the invoice. There is no change to existing payment terms or costs, and no joining, administration or management fees. OmniPay is completely optional and suppliers can choose which, if any, of their approved invoices they want paid early. We have offices in Sydney, Melbourne and Brisbane, so our local team is always ready to assist; in person or online.