<
p>Just Cash Flow PLC's WageRoller product solution has won recognition just six months after its successful launch.
It was 'Commended' in the Business Product Innovation of the Year Category at the annual 2015 Business Moneyfacts Awards held at the Lancaster London Hotel on 19 March.
Director John Davies collected the award and said:" I am delighted that our WageRoller solution appeals to both the judges and our business customers. I believe its success is down to the 'Ronseal' approach as it does what it says on the tin"
The WageRoller solution provides business owners with the confidence that comes with always being able to pay wages on time.
"WageRoller was created after business owners told us their number one concern was not being able to pay the wage bill due to cashflow problems primarily caused by late customer payments," explained John.
The WageRoller solution works in the same way as a traditional bank overdraft with no interest being charged unless you draw down. In these scenarios, interest is then charged on a daily basis. There is also a small facility fee for the flexibility of the WageRoller facility solution.
One of the first businesses to make use of the WageRoller solution was Horizon Digital Media - a Cardiff based marketing services business providing a range of print, design and marketing services.
As a business that provides goods and services, which are then invoiced for and payment not received for 30-60 days, a strain can be put on cashflow especially where stock and materials have been sourced and paid for at the time of order.
Managing Director Kevin Ogden said: “I know there will be occasions when paying our bill at the end of the month isn't a customer's number one priority. This can create cashflow problems. However, knowing I have the ability to draw down the necessary funds to pay our 12 staff gives me invaluable peace of mind. Looking after both your staff and customers has to be your number one priority.
"WageRoller provided us with exactly the type of flexible finance solution our business needs."
Just Cash Flow PLC's WageRoller product solution has won recognition just six months after its successful launch....
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