TreviPay Teams Up with Northern Tool + Equipment to Revolutionize B2B Payment Flexibility
TreviPay, a leader in the B2B payments and invoicing sector, has announced a strategic partnership with Northern Tool + Equipment, a well-respected supplier of tools and equipment for American businesses. This collaboration aims to enhance payment flexibility and improve the purchasing experience for B2B buyers.
Introducing the Northern Tool Commercial Account Program
The partnership between TreviPay and Northern Tool + Equipment focuses on delivering increased convenience and flexibility in payment management for businesses. This initiative features the new Northern Tool Commercial Account program, specifically designed for businesses. Key features include:
- Net 30 payment terms
- Flexible invoicing options
This program is part of a broader effort to address the varying payment preferences of B2B buyers nationwide.
Streamlining Payments with TreviPay’s Technology
TreviPay is renowned for providing comprehensive B2B payment solutions. Their innovative technology offers:
- Automated application decisioning
- Rapid buyer onboarding
- Streamlined accounts receivable functions
These features collectively enhance back-office efficiency, enabling businesses to concentrate on growth and superior customer service.
Northern Tool + Equipment: A Trusted Supplier
For over 40 years, Northern Tool + Equipment has been a reliable source of high-quality tools and equipment, catering to various industries, including construction and automotive. The company prides itself not only on its extensive product range but also on its commitment to exceptional service.
Benefits of the Northern Tool Commercial Account Program
The new commercial account program facilitates seamless purchasing across multiple sales channels, including:
- In-store transactions
- Online platforms
Moreover, this program allows business owners to assign employees to pick up products in-store, enhancing convenience for users.
Meeting the Demand for Omnichannel Payment Experiences
This partnership aligns with insights from a recent McKinsey survey, which emphasizes the increasing demand for omnichannel payment experiences among B2B decision-makers. By integrating TreviPay’s technology, Northern Tool + Equipment can offer business buyers net terms, leading to faster payments and reduced manual processes.
Building Customer Loyalty Through Payment Experiences
Brandon Spear, CEO of TreviPay, stated, “Payment experiences serve as critical, but often overlooked opportunities to build B2B customer loyalty. Without thoughtful management of payment touchpoints, today’s retailers risk losing ground.”
Lisa Cordes, Director of Finance Shared Services at Northern Tool + Equipment, added, “Teaming up with TreviPay allows us to extend our service excellence to the checkout process, ensuring our customers have access to tools that work as hard as they do.”
For more insights on payment solutions and B2B strategies, explore our B2B payment solutions page.
This collaboration between TreviPay and Northern Tool + Equipment is set to redefine how businesses manage their payments, ensuring a smoother and more flexible experience for all users.
