CRX Pay
Deferred Payments
Keep your cash for up to 60 additional days while invoices are settled on time, without any supplier involvement.
How It Works
You send us a payment order via your existing cash management infrastructure to pay your suppliers on time.
The suppliers are paid by a regulated payment service provider without deductions. Liquidity is provided by (your relationship) banks on the CRX Marketplace.
After successful payment you receive a new invoice from the payment service provider with a payment term of up to 60 days.
At maturity of the new liability, you pay back the payment service provider.
“Negotiating payment terms with our largest suppliers is not an option. CRX Pay gave us a way to still extend our terms and gain an immediate working capital effect, without involving a single supplier.”
Hansjoerg Weiss
Head of Treasury
Your Advantages
Immediate Cash Flow Impact
No ramp-up period. From the moment CRX Pay goes live, you benefit from the additional payment term on every invoice.
Full Treasury Control
The entire process is managed by your treasury team. No supplier negotiations, onboarding, or communication needed.
Clean Balance Sheet Treatment
Your operating cash flow improves without increasing financial debt on your balance sheet thanks to the clear accounting treatment.
Quick Implementation
CRX Pay integrates into your existing cash management infrastructure and bank communication channels.
Multi-Bank Instrument
One integration channel connects you to multiple financing partners for competitive pricing and full funding security.
One Platform, All Payables Solutions
Use CRX Pay standalone or layer it with CRX Extend and CRX Discount. All solutions run on one platform.
CRX Pay Insights
See how quickly CRX Pay can go live in your setup.
Typical implementation takes six weeks. Let's talk.
FAQ
CRX Pay extends your payment terms without involving your suppliers. A regulated payment service provider settles your invoices on time, and you receive up to 60 additional days to pay, refinanced through banks on the CRX Marketplace. You may know similar instruments as deferred payments, post-maturity financing, or extended payment term solutions.
Not necessarily. 60 days is the most common setup, but the term is flexible and can be adjusted to match your industry's standard practices. Some industries support terms of up to 90 days. The exact term is defined in alignment with your accounting team and auditor to ensure it reflects accepted industry practice.
Typically not. Your suppliers receive their payments on time as usual. They do not need to be contacted, onboarded, or informed about the underlying arrangement. The process is fully behind the scenes.
Typical time from kick-off to go-live is approximately six to eight weeks. CRX Pay integrates into your existing payment setup and bank communication channels. No ERP changes are required.
Yes. Many clients use CRX Pay alongside CRX Extend. CRX Pay covers suppliers who are not part of the SCF program or adds further term extension on top of existing SCF arrangements. Both run on the same platform with no separate integration.
More solutions from the Payables Suite
CRX Extend
Extend payment terms while suppliers get paid early through banks on the marketplace.
Best when you want to extend payment terms while keeping suppliers financially healthy. Banks fund the early payment, pricing is based on your credit, and the cost is borne by the supplier as an early-payment discount.
CRX Discount
Capture early payment discounts using your own excess liquidity.
Best when you hold surplus cash and want a risk-free return while supporting suppliers. You fund the early payment yourself and capture a discount on every invoice.