I've advised small and medium-sized businesses for years and seen their struggles with managing money and managing the business in general. These challenges can really slow down a business. So far, I haven't found a practical and affordable system for them in Mexico or anywhere else. Maybe this is the one.
Absolutely Fernando, managing finances and the overall operations for SMBs can be quite challenging, and it's vital to find practical and cost-effective solutions to streamline these processes. This is exactly what we're trying to solve at Kalto.
Would love to schedule a demo to show you our product and explore collaboration !
This market is hard. The transactional component of B2B payments in MX is so cheap and agile with SPEI and STP that the value proposition of this type of solutions ends up being weak. Also, credit can be negotiated with better terms without bundling it with software.
I've advised small and medium-sized businesses for years and seen their struggles with managing money and managing the business in general. These challenges can really slow down a business. So far, I haven't found a practical and affordable system for them in Mexico or anywhere else. Maybe this is the one.
Absolutely Fernando, managing finances and the overall operations for SMBs can be quite challenging, and it's vital to find practical and cost-effective solutions to streamline these processes. This is exactly what we're trying to solve at Kalto.
Would love to schedule a demo to show you our product and explore collaboration !
This market is hard. The transactional component of B2B payments in MX is so cheap and agile with SPEI and STP that the value proposition of this type of solutions ends up being weak. Also, credit can be negotiated with better terms without bundling it with software.
Hi Raul ! Agree with you on :
a. Market is challenging - that's exactly why we love this challenge :-)
b. SPEI is cheap and works well - that's why our product offers MUCH more beyond receiving or sending bank transfers.
Would have to disagree with you on credit:
- Many SMBs face challenges accessing credit.
- Relying solely on credit can lack long-term value and customer loyalty.
- Streamlining receivables and payables can boost cash flow without relying on credit.
Happy to further discuss :-)
What have you found to be the main keys to streamlining receivables?
Would summarize it this way:
- Kalto provides customers the end to end process of invoicing; from issuing (timbrar la factura) to reconciling
- White-label payment Portal for buyers to download invoices, pay with different pmt. methods (bank transfer, credit/debit card, cash)
- Notifications to buyers customer through email/whatsapp with customized frequency
- Proactive advice on admin tasks needed to be done (due invoices, reconciliation, etc.)
- Accelerate cash flow turnover by advancing a pending receivables