Each year, your business makes thousands of ad hoc purchases from non-preferred suppliers without any underlying payment agreements. The result: lack of insight, high legal costs and complex accounting. As an effective payment solution partner, THL Pay ensures a smooth management process while offering numerous cost-saving options. Guaranteed ROI.
THL Pay can streamline all your non-preferred purchases and incoming invoices. Our smart digital payment and cost-saving solution ensures full optimisation while providing real-time insight into incoming and outgoing payments and relieving you of all payment transactions. This helps lighten the workload at all departments involved in the purchasing process.
Structuring your procurement policies with THL Pay pays off. Gain control over your long tail spend and eliminate individual invoices for one-off purchases. We will validate agreements, quality standards and costs with your suppliers.
This is reflected in a single collective invoice each month, featuring all specified transactions, desired references and VAT. That's not all: our periodical Management Report offers genuine insight into your potential cost-savings. After all, insight is key.