Ontik | LinkedIn (original) (raw)
Technology, Information and Internet
We’re building a digital trade credit platform that extends a better credit experience without additional risk and cost.
About us
Modern payments built for builders’ merchants. Optimise cash flow with Ontik's solution that reduces transaction costs and eliminates manual chasing of payments.
Industry
Technology, Information and Internet
Company size
2-10 employees
Headquarters
London
Type
Privately Held
Locations
Employees at Ontik
Updates
- Ontik reposted this
🚀 New Product Upgrade Alert at Ontik! We're always looking for ways to enhance the efficiency of accounts teams in the builders' merchant sector. Extensive collaboration with these teams has highlighted that managing aged debt is a complex and cumbersome process. Manual tracking, frequent phone calls, and the potential strain on customer relationships make chasing payments both time-consuming and challenging. At Ontik we solve this with our live aged debt and credit utilisation tracker. Product Highlights: 📊 Live Tracking: Say goodbye to manual reporting. Our upgraded aged debt tracker provides a comprehensive dashboard that automatically keeps you informed about who owes you, how much, and their credit line usage. ⏩ Instant Requests: Eliminate the need to draft emails or make phone calls for debt collection. With one click, our system sends out payment notifications via SMS, email, or WhatsApp, making the process swift and hassle-free. 👷♂️ Collaborate Smarter: Our integrated note-taker tool fosters better team collaboration by allowing you to track events and share updates effortlessly. Everyone stays aligned, ensuring smoother operations. 🛠 Seamless ERP Integration: Ontik now integrates directly into your ERP system, streamlining your workflow by synchronising all financial data in one place, eliminating the need for separate tools. Collier and Catchpole, GH Brooks, and others are already enhancing their accounts team productivity with our solution. Join them to transform how you manage aged debt! Looking to supercharge your accounts team's productivity? Come and see us at the Builders Merchants Federation Ltd Finance and Technology Forum on the 5th November. - Ontik reposted this
Looking for credit controllers in the material supply (or similar sector) to test drive our new product release. Credit controllers, FDs, financial accounts managers all welcome! - Another happy client!
🌟 It was fantastic to visit the team at Croxley Plumbing, Heating & Bathrooms, our pioneering client, who continues to innovate with us in builders' merchant payments—this time introducing QR code trade account payments in branch. A big thank you to Mike Barton and Steve for your incredible hospitality and insights. 📈 Another milestone week for us in payment collections! We’re observing a noticeable increase in confidence with larger basket orders, reflecting growing usage in our solutions. 💻 On the tech front, we're expanding features that enhance direct connections with ERP data. Recognising that front desk sales teams are among our most prominent users, we've simplified the integration of Ontik payment links with sales orders via enhanced search functionality. 🔍 For credit controllers, reconciliation remains a significant challenge in the industry. We're addressing this with new functionalities like enhanced search and CSV downloads, marking our first steps towards simplifying this process. Stay tuned as we focus on developing this area further in the coming weeks. 📅 We’re excited to announce we will be attending the BMF Tech conference on June 11th. If you’re attending, please reach out—let’s explore how we can streamline your backend financial operations.#Ontik #Innovation #BuildersMerchant #Payments #ERPIntegration #FinancialOperations #BMFConference - Ontik reposted this
🚀 Excited to share that Ontik has joined the Builders Merchants Federation Ltd as a service provider. We're looking forward to collaborating with other members to drive innovation and enhance services across the sector. A big thank you to Oz Bham and David Dealtry and the team for welcoming us! 📈 We've been focused heavily on figuring out how to enhance payment conversion rates for merchants. Our latest features include rich SMS messaging, which allows merchants to showcase their brand directly within SMS messages, enhancing trust and engagement. We've also enabled the attachment of documents to payment links, providing essential information exactly when needed, all aimed at streamlining transactions and boosting conversion rates. 🛠️ As we start serving larger independent merchants with higher transaction throughputs, we have reinforced our system with additional safeguards and checks to ensure seamless and secure operations around the clock 24/7.#Ontik #Innovation #BuildersMerchant #DigitalPayments #SystemSecurity #OpenBanking #BuildersMerchantFederation #PaymentConversion - Ontik reposted this
🌟 Big news from Ontik! We're thrilled to welcome GH Brooks, one of the most established builders' merchants, to the Ontik family. Their commitment to innovation over the years aligns perfectly with our mission. We're excited to support them on their journey ahead. 💳 While card payments continue to be one of our preferred methods due to their speed and reliability, we’ve made them even faster! Introducing Apple Pay and Google Pay options—accelerating transactions and providing our users with frictionless payment experiences. This is part of our commitment to enhancing convenience without compromising security. 📲 Alongside these new payment options, we’ve given our platform a major uplift—featuring a cleaner design and a more informative dashboard to enhance user experience. 🔧 Further enhancing our service, we've upgraded the card experience for merchants. Enjoy features like 1-click refunds and more transparent card payouts, streamlining operations and improving convenience. Stay tuned for more innovations that will continue to transform how builders' merchants operate.#Ontik #Innovation #CustomerExperience #DigitalPayments #MerchantServices #BuildersMerchants #OpenBanking #PayByBank - Ontik reposted this
🚀 Exciting update from Ontik! We're thrilled to announce our new integration with Intact software, one of the leading ERP solutions in market, bringing enhanced payment capabilities directly to builders' merchants. 🔗 With this integration, merchants can now effortlessly view outstanding amounts across their entire customer portfolio and send payment requests via links for due amounts. Furthermore, each statement email sent from the ERP platform can now include an Ontik payment link, making it incredibly easy for the merchant to collect invoices due at the end of the month. 💡 Special thanks to Croxley Plumbing, Heating & Bathrooms for building this one with us, and a big shout-out to David Silcott and Jack Gruar for shipping it so quickly! This feature not only offers convenience to customers but also provides a faster, more transparent system for merchants, improving cash flow and operational efficiency. 📈 Stay tuned for some game-changing announcements in the next couple of weeks that will revolutionise how builders' merchants manage their cash flow. #PaymentSolutions #ERPIntegration #BusinessEfficiency #Ontik #Cashflow #OpenBanking