"The new Westpac Invoice Finance product increases our ability to manage our cashflow and provides visibility of our facility's balances because you can view it all online whenever you need to. The online system is very easy to use and is far more efficient than previous manual processes, dramatically decreasing the paper shuffle and saving our business time and costs by eliminating the need to email or fax anything to the Bank. You can easily draw on funds as required and at more flexible times. The streamlined processes have saved me time - the time it takes to conduct month end has been reduced by two thirds."
Chris Pappas, Financial Controller / Director, P&R Electrical Wholesalers Pty Ltd
"Since the introduction of the Westpac Invoice Finance online facility, we have saved approximately 30 minutes per day. It has streamlined our daily and monthly processes, it gives us more accurate information when we want it and we are able to budget more accurately on a daily basis. Not only is the Westpac Invoice Finance online facility a godsend, but the support behind the product has been terrific. The Westpac Invoice Finance team are extremely helpful and go the extra mile. They have provided ready assistance whenever requested and understand the requirements needed to expand our business and profitability. Westpac Invoice Finance is to online banking what the Mona Lisa is to a piece of paper."
Mark Culley, Administration Manager, Coastline Vehicle Transport
"I am very pleased with the ease and efficiency of this new system. The new invoice upload facility is much quicker - cutting out some three steps from the previous processes. The drawdown method is also much better as it gives me my available funds amount instantly. The end of month reconciliation has also been improved, again saving me quite a considerable amount of time. All up, a job well done - thank you Westpac."
Mario Scandura, Managing Director, APFB Pty Ltd
Find out more
For more information or to schedule an appointment, call our Invoice Finance team on 1300 368 330 or your Relationship Manager.
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