Features And Benefits
Features And Benefits
IPromise reduces the risk of non-payment in small to medium sized businesses.
IPromise provides Suppliers with a transparent place to see the project money is ready when you have completed the job. Our solutions eliminate almost all administrative tasks like invoicing, receipting, chasing unpaid invoices, and more, allowing you to focus on what is most important; the job at hand.
IPromise secures Client payment before a project or service is started so businesses receive immediate payment on successful project completion.
Supplier Features And Benefits
A simple and safe way to control business payments and improve cash flow.
Features
- Instant payment on project completion – Once both parties agree the job is complete, you receive the payment instantaneously, no more waiting around.
- Automatic invoicing and receipting software
- Instant chat function – Quickly and easily communicate with your Clients in one place. No more need for text, call, email, social networks, and more to get in touch. Also, our instant chat function automatically creates a record all communications between the Supplier and Client, and other information such as images and videos shared between each party throughout the job / project.
- Project management – Our project management software allows you to manage your project from end-to-end. From producing automated quotes, to automated invoicing and payment technology (multiple stage options available), IPromise has your project management requirements covered.
- Client and Supplier rating system – Within the IPromise platform, once a job or project is complete both Clients and Suppliers are able to provide a rating out of five stars, which becomes visible to those that engage your services through the app in the future.
Benefits
- No chasing unpaid invoices or overdue payments – increased cash flow
- No more bad debts, you know the Client has the funds to pay for the project upon completion
- Reduced administration, immediately saving you time and money
- No Client credit checking required
- Simplification of all your project management needs
- No more overdrafts to cover late payers
- No clients unreasonably withholding payments
- Reward for a quality job and service
- The ability to rate the Client
- A fairer balance of power, due to the secure payment and ratings, within the project that encourages cooperation and communication
- Easier communication with your Clients through IPromise instant chat
- Seamlessly split projects into multiple stages and/or add variations to current projects
- A disputes process which is simple and fair
- Peace of mind, because payments will only be released when the project is delivered to everyone’s satisfaction.
Client Features And Benefits
A simple and safe way to control payments and get the agreed job done.
Features
- Secure payments – Client payments are held and administered in an independent and secure BNZ Trust Account.
- Client and Supplier rating system – Within the IPromise platform, once a job or project is complete both Clients and Suppliers are able to provide a rating out of five stars, which becomes visible to IPromise users, encouraging each party to act in good faith.
- Instant chat function – Quickly and easily communicate with your Suppliers in one place. No more need for text, call, email, social networks, and more to get in touch. Also, our instant chat function automatically creates a record all communications between the Supplier and Client, and other information such as images and videos shared between each party throughout the job / project.
- Project management – Project variations can be easily quoted by the Supplier and approved by the Client before they are started. Projects can also be divided into stages so the Client stays in control of the project timeframe and payments.
Benefits
- Always free for the Client
- No more paying for poor service or quality
- No more large deposits to Suppliers before you see any work or materials
- More accurate and professional quotes from Suppliers
- Suppliers are committed to starting Client projects when the money is in the secure BNZ Trust Account
- The Client can see the suppliers rating before accepting the quote
- A fair balance of power, due to the secure payment and ratings, within the project that encourages cooperation and communication
- Variations to projects are transparently managed
- A dispute process which is simple and fair
- Suppliers are unable to use your money to pay for other projects they are also working on
- Supplier bankruptcy will not affect your payment held in the secure BNZ Trust Account
- Peace of mind, because payments will only be released when the project is delivered to the Clients satisfaction as per the quote.
IPromise provides transparency and gives both Suppliers and Clients confidence to progress with the job as all funds are held transparently in a secure BNZ Trust Account.
Better yet, while the funds are held in the secure BNZ Trust Account, interest gained is donated to a major nationwide charity each quarter. We know, awesome!
