Power to trade Supply chain finance in the pharmaceutical industry
Large inventories of prepaid stock on hand are a liability, especially when they don’t move as fast as they should. Tight cash flow and uncertain sales restrict your business growth.
It’s time to re-focus on delivering the best customer service, without worrying about cash flow.
Our finance solutions for the pharmaceutical industry leverage opportunities in your supply chain to drive business growth.
Power to manage inventory
Inventory prepayment means major domestic suppliers can squeeze payment terms even further. This puts considerable cash flow pressure on your business. And in this capital-intensive industry, working capital is often tied up in your supply chain. As a result, cash flow issues are common.
Power to close the gap
With offshore pharmaceutical manufacturing, high initial import costs and longer payment terms put extra strain on your cash flow. Our fast, flexible Supply Chain Accelerate solution gives you more time – up to 90 days – to pay. At the same time, you get to pay your supplier sooner, potentially benefiting from early payment discounts.
The bottom line is increased cash flow, more liquidity, and ultimately, less risk for your entire supply chain.
Power to manage currency volatility
Whether you’re buying from China or the USA, making cross-border payments in different currencies are common in the pharmaceutical industry.
Our secure platform makes it easy to process cross-border payments with your existing debit/credit card, bank account or Octet Finance solution. Use our bank-beating FX rates and know exactly what you’ll pay in your local currency upfront. At the same time, pay your supplier in their choice of 15 currencies.
Powering the Pharmaceutical industry
Octet has all of your supply chain and business loan needs in one place. Now you can better manage your cash flow, grow your business and leverage global opportunities.
Increase your purchasing power
- Increase your purchasing power
- Enjoy up to 120-day repayment terms, and up to 60 interest-free days
- Pay any deposit requirements on international orders
- Access 100% funding
- Potential to earn Qantas Points
Relieve cash flow strain
- Relieve cash flow strain
- Access funding of up to 85% on unpaid invoices within 24 hours
- Diversify your funding sources without relying on banks
- Take advantage of a funding limit that grows with your business
Increase your business cash flow
- Increase your business cash flow
- Extend your payment terms to 90 days
- Enhance your financial metrics with off-balance-sheet funding
- Avoid supply chain disruptions
- Reduce your supplier’s liquidity risk
Expand your business globally
- Expand your business globally
- Take advantage of bank-beating FX rates
- Pay suppliers in 15 currencies anywhere around the world
- Pay with your existing credit/debit cards, bank accounts and Octet Finance solutions
“Octet genuinely works with you to create bespoke working capital solutions that are geared towards growing with your business – both the ups and downs.