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Shift Trade

A better way to offer payment terms

Shift Trade enables you to offer payment terms to your customers without taking on credit or payment risk. You get paid upfront on every invoice while your customers get payment terms that increase their purchasing power.
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Features and benefits

Grow sales

Offer credit and payment terms to more customers

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    • Increased credit boosts order volumes
    • Promotional offers are more effective
    • Stronger relationships increase share of wallet

Improve cash flow

Guaranteed next business day payment

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    • Reduce DSO
    • Every invoice paid upfront
    • Improved working capital

Eliminate credit risk

Shift takes on credit and payment risk

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    • Income is certain and predictable
    • Credit insurance no longer required
    • No chasing late payments

Easier onboarding

Add new customers faster with less friction

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    • Eliminate credit checks
    • Documentation required is reduced
    • New accounts can be set up in minutes

Features and benefits

Grow sales

Your customers have greater purchasing power
Payment flexibility allows your customers to take advantage of your promotional offers
Stronger relationships with customers leads to greater share of wallet

Improve cash flow

You receive next business day payment on every invoice
Your working capital requirements are reduced
Deploy your capital to reduce your costs

Eliminate credit risk

Shift takes on credit risk. You get paid on every invoice
Credit insurance is no longer required, which reduces cost
Reduced resources needed for assessing credit and chasing payment

Enhance operational efficiency

Guaranteed invoice payment streamlines operations
No returns of unpaid COD stock. No restocking of returned goods
No need for proof of delivery

Easy to implement

Web portal or full API
Minimal training required
Comprehensive Australia-based support

Operationally simple

Ordering

Customers submit their orders using your normal process.

Processing

You upload details of the transaction to Shift’s online platform.

Approval

Shift sends an SMS notification to your customer requesting approval.

Payment

Shift pays you the full amount of the invoice the next business day.

Repayment

Shift debits repayment from your customer according to the trade terms you have set.

How businesses use Shift Trade

  • Attract new customers

    Many suppliers see an opportunity to build their customer base. When competing suppliers are reluctant to offer extended payment terms, they can be very attractive to a lot of buyers.

  • Outsource credit risk

    Being able to outsource credit decisions and credit risk is a major driver for many suppliers. Zero time spent chasing late payments and zero credit losses.

  • Increase loyalty

    Giving customers more time to pay increases order volumes. And customers are ‘stickier’ because they appreciate the flexibility their supplier is giving them by providing trade terms.

  • Certainty and predictability

    For many suppliers, the real value comes from the certainty Shift Trade delivers. Once a sale is made, they know they’re going to be paid, and they know exactly when that payment will arrive. That certainty and predictability allows them to plan more effectively.

  • Reduce cost

    Shift Trade is more cost-effective than many suppliers expect. After calculating the true cost of managing accounts receivable – including funding, insurance, late payments, losses and staffing – suppliers often find it’s cost-comparable to embed Shift within their business.

Getting started

Register for Shift Trade
Invite your customers
Invoice your customers

Get in touch


Step 1 - Register for Shift Trade

The registration process is simple and can be completed online.

For account setup, you'll need:

  • Australian Business Number (ABN).
  • Australian mobile number.
  • One form of ID (Australian driver's license or passport).
  • Australian bank account details.
  • All directors to register.

Step 2 - Invite your customers

Log into the platform and start inviting your customers to register.

  • Search for your customers using their ABN.
  • Enter their contact details.
  • Choose the payment terms you would like to offer them.

Step 3 - Invoice your customers

Once your customers have registered for a Trade Account and been given a limit, you will be able to invoice them.

  • Select a customer from the list in your Shift Trade platform.
  • Enter the invoice details (reference number and dollar amount).
  • Your customer will automatically receive an SMS asking them to approve the transaction.
Once your customer approves the transaction, you’ll be paid the next business day. Shift debits repayment from your customer according to the terms you set.
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