Waddle is an invoice finance solution designed to provide small and medium-sized enterprises a unique financing alternative based on their customers’ unpaid invoices. What Waddle does is that that it goes through the users’ invoice data, thoroughly analyze the information, and provide pre-approved funds available for lending based on their unsettled invoices.
Set up is a breeze and the platform is highly intuitive, enabling users to quickly leverage a unique funding source to keep their business running and remain competitive. Pre-approved funds can go higher or lower depending on the number of customers nominated for funding.
Once the user has elected to use Waddle, all he or she has to do is specify an amount to be borrowed and Waddle will send the funds to the user’s business bank account the following day. Repayments are automatically made once the selected customers settle their invoices. After paying their invoices, the amount is instantly used to pay down the user’s existing Waddle balance.
Show MorePerfect for Startups and SMBs In Need of More Capital
Waddle is an excellent option whenever you need some quick cash to further fund your enterprise, whether you are purchasing equipment, settling office rent, or facilitating payroll for your employees. The model Waddle implements is simple. You can apply for a loan based on your company’s total unsettled invoices. Revenues from paid invoices are then automatically applied to your existing Waddle balance.
The process is extremely easy to comprehend and repayment is automated. That said, you need to tick off a few requirements to qualify for a Waddle invoice load. Your business needs to be: incorporated, operating for at least nine months, and have invoices to raise to other business once services are completed and goods are delivered. Businesses in the construction and retail industries are not qualified as well.
Integrations With Your Accountancy/ERP Systems
Waddle easily integrates with your existing accountancy and ERP platforms (such as Xero or MYOB) in a manner no other lending solutions can replicate. Once connected, Waddle accesses only the information it requires. After processing your data and determining if your company qualifies, you are offered a line of credit. That line of credit is automatically adjusted as soon as your invoices are raised and paid.
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Knowing that companies have distinctive business demands, it is reasonable they avoid selecting a one-size-fits-all, ”best” software product. Just the same, it would be almost impossible to pinpoint such an app even among widely used software solutions. The practical step to do is to write the several critical functions which entail consideration like critical features, packages, technical skill aptitude of the employees, business size, etc. The second step is, you should double down on the research systematically. Go over some Waddle analyses and look into the other software programs in your shortlist in detail. Such well-rounded product investigation guarantees you stay away from mismatched software products and buy the one that includes all the benefits your company requires.
Position of Waddle in our main categories:
Waddle is one of the top 500 Accounting Software products
It is important to keep in mind that almost no app in the Accounting Software category will be a perfect solution able to meet all the requirements of various company types, sizes and industries. It may be a good idea to read a few Waddle Accounting Software reviews first as specific services might perform well only in a very small group of applications or be created with a very specific type of industry in mind. Others can work with a goal of being simple and intuitive and as a result lack complicated features needed by more experienced users. There are also software that focus on a wide group of customers and give you a complex feature set, however this usually comes at a more expensive cost of such a software. Ensure you're aware of your needs so that you purchase a software that offers all the features you search for.
Waddle Pricing Plans:
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Waddle Pricing Plans:
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Quote-Based Plan
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Contact Waddle for information on their basic and enterprise pricing packages. Open an account for free and see if the software suits your business requirements.
We realize that when you decide to buy a Accounting Software it’s vital not only to learn how professionals evaluate it in their reviews, but also to find out if the actual users and enterprises that bought it are genuinely happy with the product. Because of that need we’ve created our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and Waddle reviews across a vast array of social media sites. The data is then presented in an easy to understand way indicating how many people had positive and negative experience with Waddle. With that information at your disposal you should be ready to make an informed purchasing decision that you won’t regret.
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