Mentoring and experience sharing were already important. Today, in the face of an unprecedented crisis, they have become indispensable. With this in mind, X-Pay Payment Management has expanded its portfolio with a new service: Financial Engineering. To support the new service model, the team is in a new home, with a large office in Alphaville Campinas, SP.

According to data provided by the Ministry of Economy, 846,000 new companies were opened throughout Brazil in the first quarter of 2020. This impressive number represents a 14% growth when compared to the last quarter of 2019. In addition, it represents an 8.6% increase compared to the same period last year.

Although the numbers were positive, the arrival of COVID-19 changed the course of all companies, regardless of size. On the other hand, solution providers that support small and medium-sized companies understood that now was the time to expand. 

This was the case of X-Pay Payment Management. The company, which already has a Baas | Supply Chain solution and simplifies the supply chain cycle, expanded its portfolio. “Until then, all our work was focused on managing receipts and payments for the entire supply chain. This was done in a way that the sales value was promptly delivered - and divided - among retailers, distributors and manufacturers, with direct credit in each one's digital account”, explains Oderli Feriani, founding partner of the X-Pay.

In general, it can be said that X-Pay Payment Management offers a reduction in financial costs of the end-to-end supply chain, without the need to wait for the billing time. “Before, it was necessary to wait between 28 and 14 days to receive payment. This reality changes with our arrival”, he adds.

Leveraging
Thinking, once again, about the ease of processes, the new service from X-Pay Payment Management can be called a mentoring service. “Many companies need to recover financially due to the pandemic. We will work together and join forces so that these projects take off”, he points out.

By combining financial assets and the possibility of allocating and investing resources, X-Pay Payment Management promises to go further with its Financial Engineering. “We are not just talking about financial support, with contributions, but also a series of other steps that can be taken together, with a focus on structure and planning. A company that is still fragile and in its early stages can be heavily impacted by this,” says Feriani.

In general, it can be said that company allows small and medium-sized companies to come together in a consortium to generate the necessary capital. In other words, the path to raising funds is open so that they can participate in the corporation.

As an incisive complement, there is mentoring. “We have a pool of entrepreneurs who want and can encourage other entrepreneurs, since they have already gone through similar or even worse financial problems. This exchange of experiences can help companies get out of where they are and move towards success,” he comments.

New home
Based on its mission to support entrepreneurs, X-Pay Payment Management sought new horizons and clients, thus gaining a new client who was delighted with the services provided, who is now also part of the group.

“We received support from a client who was delighted with our services. As a result, we went from a 50m2 coworking space to a headquarters that covers an entire floor, with over 300m2”, explains Oderli.

The new office, located in Alphaville Campinas, gives X-Pay Payment Management space to continue supporting and driving new businesses.

For more information, simply visit the X-Pay Payment Management website:
www.website.x-paysmart.com