The retail partner decides which due invoices are to be settled and grants the central payment office the clearing. The central payment office collects the authorized amounts from the retail partners and remits those to the contracted suppliers.

PRODUCT ORDER
The retailer partner orders the goods directly with its suppliers that agreed to a central payment agreement with GARANT Group. That means: GARANT Group provides the payments remittance from the retailer to the supplier, and assumes the del credere if required. In short: the central payment spares the retail partners to conclude del credere agreements with each individual supplier partner, and to provide invidiual payments.

CONSUMPTION OF ALL CASH DISCOUNT FACILITIES

The centrally recorded invoices are being collected and booked as one single purchasing invoice. Per the automatic tracing of all payment dates, all cash discount facilities will be utilized. however: each and every retail partner authorizes the due invoices for clearance personally.

LESS ADMINISTRATION IN THE OWN HOUSE
The central payment minimizes the accounting efforts of our retail partners, and thus related personell expenditure. Instead of caring for annoying tally, trade partners can devote themselves to the retailing sale and increase the turnover for their business success.

PROLONGED PAYMENT TERMS
With central payment, you profit from prolonged payment terms and enjoy the status of creditworthiness through the optional del credere assurance.

VALUABLE INFORMATION FOR THE SUCCESS OF THE GROUP
With the collected data of the central payment system, we create a transparent base for the correct allocation of bonus payments. At the same time, we generate meaningful statistics of all transactions of our retail partners. On this basis, sales statistics for example about best sellers per module or segment can be identified. Those findings incorporate into the arrangement of assortments for future seasons.