B2B payment experience company and online checkout solution for businesses, Balance, partners with enterprise market platform Mirakl’s to integrate its payments solutions. Mirakl’s collaboration with Balance will enable it to provide a seamless payment experience for its B2B customers while reducing operating costs, making it easier for marketplaces to do trade via e-commerce.
“At Balance, our mission is to fully digitize B2B trade by bringing business payments online, and partnering with Mirakl will allow us to serve more B2B marketplaces than ever before. We are very excited to work with the Mirakl team and provide the best B2B payments experience possible for their customers, said Bar Geron, CEO, and co-founder of Balance.”
With the help of the sophisticated SaaS marketplace platform from Mirakl, brands and retailers can scale up the growth of their corporate markets. Mirakl offers sophisticated functionality for both B2B and B2C businesses, such as automated and self-service seller onboarding, 3P catalogue ingestion/harmonization, automatic seller quality control, and sophisticated financial flows. Operators can easily scale to thousands of vendors using Mirakl, and they can make use of features designed for various business models.
Mirakl’s customers will benefit from a variety of payment alternatives, including net terms, payment method flexibility, and fully reconciled quick vendor pays, as a result of this collaboration. Mirakl can broaden its line of products by working with Balance and supporting marketplace vendors in meeting client expectations. By working with Balance, Mirakl’s clients will have access to completely automated A/R, risk-free financing, and API-integrated solutions. Any payment methods can be leveraged using net payment terms customized according to business requirements.