Instant Pay with Platter: A Smarter Way to Keep Cashflow Moving
Long payment terms are one of the toughest challenges facing food businesses today. Wages, ingredients, and logistics can’t wait 60 days, yet invoices often do. That’s why instant pay matters - and why Platter makes it a reality, without the complexity.
Why Instant Pay Matters
Getting paid instantly isn’t just about convenience...it's about growth opportunities. In food manufacturing and supply:
Cashflow keeps you moving: Wages, ingredients, and logistics can’t wait 60 days.
Growth depends on speed: The faster cash comes in, the quicker you can reinvest in stock, marketing, or new contracts.
Bad debt risk is reduced: The shorter the wait, the less chance invoices turn into write‑offs.
How Platter’s Instant Pay Works
Platter integrates your invoicing, accounting, and buyer data into one hub. Here’s how it works in practice:
Automatic invoicing: Platter automatically generates an invoice from your order.
Delivery confirmed: As soon as delivery is confirmed, you can choose to factor the invoice.
Cash within 24 hours: Payment is in your account within 24 hours.
No chasing buyers: You don’t need to chase your buyers for payment - Platter and our finance partners take on the risk.
Simple fee: A small fee of around 2–3% of the invoice value is applied, making costs predictable and transparent.
Seamless Integration with Your Systems
Platter connects directly to the systems you already rely on every day, especially your order management and accounting tools:
Orders received: As soon as an order is placed and confirmed in Platter, the invoice is generated automatically and prepared for instant pay.
Accounting software: Syncs with Sage, Xero, QuickBooks and more, so invoices, credit notes, and statements stay aligned without re‑keying.
By joining up orders and accounting in real time, Platter ensures the entire process - from sale to settlement - runs smoothly.
Final Thoughts
Where traditional invoice factoring companies solve one piece of the puzzle, Platter solves the whole picture - connecting orders, invoices, and payments in one hub. That’s how food businesses can stay resilient, protect cashflow, and focus on growth.