B2B businesses can leverage a variety of methods to enable customers to pay for their order. The most common method is paying on terms (or paying on account). The POCommerce platform will be connected to the ERP system of record, and, based on business rules, will “place” the order. This can happen with a (verified) purchase order on net 30/60/90 accounts.
Additionally, as part of the base platform, POCommerce can be configured to accept payment options offered by a business’s subsequently selected payment gateway or processor, such as ACH or credit card.
Our advanced Bill Pay Functions module allows for an account management area within the customer account where users can view outstanding “open” invoices, see paid invoices (with date paid), and pay their balance (with available payment options).