Client Testimonial: How Bevolution Went Fluid

Fluid is proud to be the B2B payment platform that makes life easier for businesses like Bevolution, a leading beverage distributor in Singapore. By streamlining B2B transactions, unlocking cash flow, and reducing the risk of errors, Fluid's innovative solutions have helped Bevolution optimize its operations and achieve significant growth. Let's hear how they did it.

About Bevolution

Bevolution is a Singapore-based beverage distributor serving the F&B industry customer base. Offering a wide range of products, they cater to the diverse needs of multiple F&B establishments through a commitment to strong customer partnerships, providing personalized service and tailored solutions to address the unique challenges faced by F&B businesses.

For example, Bevolution addresses the constraints of limited storage space often encountered by F&B businesses in Singapore, by providing flexible options such as low minimum order quantities and efficient daily deliveries. This enables clients to maintain optimal inventory levels without the burden of overstocking, ensuring smooth operations and minimizing waste.

Why Bevolution Went Fluid

Previously, Bevolution faced the common challenges of manual B2B payment processes - reconciling invoices and following up on collections, which took valuable time away from building relationships and serving clients.

Leveraging Fluid's platform, Bevolution gained a newfound clarity through real-time visibility into their B2B transactions. Through Fluid's portal, they could instantly see upcoming digital payments, aging invoices, and payout details. This enhanced visibility helped them to proactively build cash reserves and capitalize on growth opportunities, such as stocking up during supplier discounts.

Moreover through Fluid, Bevolution has found it much easier to settle customer outstanding. Offering flexible payment options such as cards, auto-debit, and PayNow, their B2B customers find it much easier to settle overdue invoices using their preferred payment method. The portal centralizes all invoices and offers multiple B2B payment methods and flexible payment terms that simplify reconciliation and ensure timely settlements from business buyers, contributing to a healthier cash flow position.

Partnership Outlook

Fluid's platform aligns perfectly with Bevolution's objective of optimizing financial operations, allowing them to focus on delivering exceptional service and expanding their market presence.

Looking ahead, Daniel sees Fluid as a key partner in Bevolution's continued success. "We're in this for the long haul," he affirms, emphasizing the desire to build a strong and lasting relationship with Fluid. "Ideally, we have a tighter relationship where we can grow together."

He concludes by highlighting the streamlined efficiency that Fluid's platform provides. "The whole flow is streamlined in such a way that we can better manage our exposure and tap on opportunities of what we do best, rather than be bogged down by cash flow issues, money issues," he explains. "That's the design."

Conclusion

Fluid's mission since its inception was to help SMEs thrive and grow - to make their presence felt in the B2B space. Integrating Fluid's B2B payment processing capabilities can help B2B companies thrive and grow the same way that Bevolution has witnessed and had a great impact on their customer experience. With streamlined transactions, improved cash flow, and reduced risk, Fluid boosts businesses to focus on what matters most - delivering exceptional value and driving innovation in the B2B landscape.