Procuret

18/07/2022

Lots of exciting things have happened at Procuret in the last few months!

We successfully closed out a Series A capital raise to fund our targeted growth. The total round of $45m saw the return of Seed investors, new professional investors, as well as a warehouse debt facility with iPartners.

The core focus of Procuret is to provide payment solutions such as B2B Pay in Instalments and Digital Insurance Premium Funding to help and pay for .

Over the next 18 months, we plan to invest in targeted distribution and new under-serviced segments, explore new geographies and keep building out other payment features and solutions for business.

We’re also glad to welcome Marija Ivovic, as Portfolio Data Specialist, Callum Holt to our Customer Success and Product Team, as well as Michael Barnard, who joins us in our . Michael’s first creation was our new Meet The Team page - check it out https://procuret.com/about

And to celebrate all the excitement, the got together last Friday for some therapeutic painting activities 👨‍🎨 and celebratory dinner & drinks Balcon Tapavino.

Finally, a heartfelt thank you to all our Partners, Customers, Investors and our fabulous team who made it possible. A special thank you to all the people who believed in us and customers who continue to choose to pay with Procuret.

24/05/2022

"Consistent discounting may be a good acquisition strategy and even possibly a good retention strategy. But when brands overuse the tool, customers begin to expect only to pay ‘on sale’ prices".

In this piece of writing, we explore the few unintended consequences of the infinite loop of perpetual discounting to attract customers. Does it work when economic conditions change, and recent inflation increases the cost of most inputs? We’d be interested in hearing your thoughts...

How heavy discounting can hurt more than your margins

23/05/2022

We are for a number of roles at Procuret. If you or someone you know has a passion for or , and would like to join our vibrant based out of Sydney's Circular Quay, please reach out via [email protected] or -->> Follow the link to find out more -->> https://procuret.com/jobs

1 x Customer Success Specialist
1 x Partnerships Manager (BDM)

Procuret is a financial technology company that facilitate business-to-business transactions. We are growing fast, and seeking to expand our team.

31/10/2021

Have a spook-tacular, boo-tiful, wooo-nderful, and fang-tastic ! 🎃 👻

29/10/2021

There are very few things that scare us more on than processing an bill!! Listening to our customers over the last few weeks, we’ve found a modern day problem that is definitely worth solving! Today, we’re ecstatic to announce the launch of for !

Thanks to the support of our customer, Steve, and others for helping us uncover your silent pain points!!

The cost of things needed to run a business is not getting any cheaper.

29/10/2021

We have officially launched - for Business Insurance! 🥳
Inspired by what we uncovered during our customer interviews we realised that there is an easier way for to pay for their . If you are an and would like to get paid upfront, while your customers pay later, get in touch today!

We’re committed to removing manual admin and taking steps for customers to go completely digital! Join us - visit: procuret.com or call +61 2 8866 5399

24/09/2021

07/09/2021

The shortage is having a deeper impact on some sectors over others. There is a high chance you’ve experienced some impact in your business indirectly. In his inaugural blog post, Partnership Manager Michael Nguyen takes a look at the vertical and how Australian businesses are coping until the cavalry arrives... Be interested in hearing from others as to how they have coped so far!

When the Chips are Down, Where Can You Turn?

20/08/2021

With so much liquidity in financial markets, it is easy to forget how important liquidity can be for mainstreet businesses. Maintaining healthy working capital, whether through cash conversion management or suitable credit options is essential!

Working Capital, Hiring... How difficult is it to manage?

06/08/2021

It is well over 2 years since Procuret began its online B2B ‘pay in instalments’ option. Plenty has changed over that time... staying ahead of the middle in any sector takes prioritisation, refocusing, experimenting, and taking calculated risks in areas that are unpopular or unknown!

Are the weeks getting faster?

02/08/2021

❤️ ❤️ ❤️ ❤️

★★★★★ "Procuret is a great platform"

08/07/2021

Why choosing a Pay-Over-Time solution for Business purchases is pivotal to a diversified growth strategy.

Our CPO Stephan Chundoo shares how new and innovative FinTech products such as a Pay-Over-Time solution can provide benefits, both to and business Customers.

Find out how is continuingly investing in technology to improve how buy, and sell!

https://procuret.com/blog/pay-over-time

Procuret offers a 'pay-over-time solution for business purchases