Centralized settlement

Limit, payment term, advance payment – every order has its own payment terms that need to be observed. What if this could be done more clearly?

Would you like a little more leeway?

SYNAXON central settlement is an integral part of your partnership and is almost like a credit card for your EGIS purchases. Not only can you give your accounting department more breathing space in day-to-day business, you can also reduce your costs. More than 1,100 SYNAXON partners already benefit from centralized settlement!

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The challenge

Juggling with conditions

Winning a large customer order is one thing. Procuring the desired goods is quite another. Especially if supplier A only delivers part of the goods and pays in advance. Supplier B has almost all the goods, but the total amount exceeds your remaining purchasing limit and Supplier C has all the goods, but demands a 14-day payment term.

The solution

SYNAXON centralized control

Take a ball out of the air and say goodbye to expensive cash on delivery fees, exceeded limits and varying payment terms. Thanks to a limit set individually for you for all participating suppliers, additional SEPA mandates or transaction costs no longer play a role. Make your life easier by using SYNAXON centralized settlement.

SYNAXON centralized control explained simply

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Advantages for you

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Long payment terms

From the first day, you can order on account in EGIS and have an average payment term of 30 days. Also always included: a central limit for all participating ZR suppliers.

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Simplified accounting

All sales that you make with participating suppliers in EGIS are collected and debited on two fixed dates in the following month. Billing is carried out with a detailed list of all disposals.

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Reduced costs

You only need a SEPA mandate for centralized direct debits and save yourself a lot of bank fees and transaction costs. Of course, the limits at your bank remain unaffected.

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Additional free space

One less thing to worry about with projects: For project financing, we support you with an increased limit and extend your payment term to up to 90 days.

And there’s even more in it for you!

EGIS e-procurement platform

Everyone needs an ace up their sleeve

Goodbye parallel work – we mean it. Because in EGIS you can see the price feeds from all your suppliers at a glance without having to switch platforms. And that’s not all the EGIS can do!

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Supplier overview

Your new favorite supplier is waiting!

When was the last time you looked outside the business box, discovered a new distributor and expanded your portfolio? Is it about time again? We work with over 90 suppliers so that you always have what you need.