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Video: How Modulr is simplifying small business payments

Modulr By Modulr on 5 March 2020   •   3 mins read
<span id="hs_cos_wrapper_name" class="hs_cos_wrapper hs_cos_wrapper_meta_field hs_cos_wrapper_type_text" style="" data-hs-cos-general-type="meta_field" data-hs-cos-type="text" >Video: How Modulr is simplifying small business payments</span>

It's time small businesses had payments technology that suits their needs

Time is money, and for small businesses with a lean employee base, each minute of every hour should be spent efficiently. A wasted afternoon could seriously hamper business productivity, just as a two hour delay to a customer results in lost service.

But no matter how hard you work as a small business, the hidden inefficiencies lurking in existing payments are letting small business down.

These are process inefficiencies that businesses simply accept as the norm because they've been the status quo for the last decade. But your customers don't expect last decade's customer service, so why should you put up with decades' old payment technology? 

For example, paying suppliers and employee salaries is the difference between life and death for small business. But old payment technology is slow, manual and cumbersome. The latest payments technology paying salaries and suppliers takes only large business seconds to execute but takes a small business one whole day. 

Payments are a stress small businesses simply do not need.

That's why Modulr has teamed up with Sage to deliver superior payments that fit to small business needs:

✔️Increase productivity & save time

✔️Seamless integration

✔️Secure payments

✔️Access anywhere

✔️Take control of your payments

 

Watch the story to find out how Modulr is simplifying small business payments:

Sage Customer Story (10th draft)

 

Get started from £18/month

 

[TRANSCRIPT]

Small businesses across the UK need their payments to work every time, whether they are being paid or paying suppliers.

Far down the pipeline, missed, late or erroneously reconciled payments are frustrating the 5.6m SMEs across the country. That’s 60% of all private sector employment, and 50% of all sector wealth.

In turn, that’s because the payments infrastructure is letting down accountants who have had to make do with old, slow and error prone technology. And that simply will not do when suppliers and employees need paying.

But at Sage, whether you're a small business or an accountancy practice, that shouldn’t exclude you from having access to the latest technology.

Getting into business should be about doing what you love, not balancing your books.

That’s why we have engaged with the best innovators in the payments and banking space. That's why as innovators ourselves, we've chosen Modulr, as the alternative to digital banking. Modulr powers Sage Salary and Supplier payments.

Collaboration is absolutely key to solving our customers’ problems.

That’s why we have engaged with the best innovators in the payments and banking space. That's why as innovators ourselves, we've chosen Modulr, as the alternative to digital banking. Modulr powers Sage Salary and Supplier payments.

Modulr is the tech behind the tech, delivering simple, fast and accurate payments to SMEs and accountants. Our API platform enables our partners to rapidly integrate our services so they can start automating pay out and reconciliation of even the most complex payments. 

No longer do accountants have to spend hours reconciling payment data and manually entering information between multiple systems - freeing them up to provide value added services to their SME clients.