How to pay your expenses

You probably know the hassles of paying your daily bills. Some weeks you may suffer from cash shortage, others you may suffocate from the multiple payment terms and methods presented by your suppliers. A steady cash flow in tandem with smooth processes will ease your pain.

Good intentions don’t pay your bills

There are many reasons for not paying your bills in time. But there are just as many solutions to the recurring challenges you are facing. When you establish a healthy structure around your payments, you get stronger and more flexible relations with your suppliers and business partners.

Different challenges on paying expenses

We have listed different situations that cause challenges to a business with paying expenses. We have also provided possible solutions and products to suit this challenge below.

Troubles with paying salaries

Possible solutions  

  • Choose the payment method that suits you the most.
  • Set up recurring payments in NetbankOpens new window once and for all.
  • Make a fixed structure for time reporting from part-time employees and temps.
  • Have you considered using Siirto to pay salaries? Quick and easy.


Product in focus

Siirto for Corporates enables you to receive mobile payment method in web stores, mobile apps and even in stores.

Read more about Siirto.Opens new window

Read more about Netbank and Mobile BankOpens new window.

Payments are out of sync with your cash influx

Possible solutions

  • Consider making shorter payment terms for your customers. 
  • Apply for a FlexiCredit for additional funding.


Product in focus 

Read more about FlexiCredit.Opens new window

Short / varying payment terms from suppliers

Possible solutions

  • Negotiate conditions with your suppliers that match your own payment terms.
  • Try to get equal terms for all of your regular suppliers.
  • Use File Transfer directly from Netbank or your finance system for bulk payments and get everything done 1-2 times a month.
  • Read more about how to deal with your suppliers here.


Product in focus

If you already have a financial management service, File TransferOpens new window will help you automate and speed-up numerous bank related tasks. 

Overdraft facilityOpens new window can help you to secure long payment time of suppliers.  

Contact us for further information

All businesses are different and have different challenges. options, and habits. We can give you tailored advice on how to get a smooth daily operation while paying your daily expenses.