Arrow Electronics Launches Smart Terms in UK & Ireland to Help Sales Partners Manage Working Capital – TECHNOLOGY RESELLER

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Arrow Electronics is urging its UK and Ireland trading partners to make the most of the support on offer to secure new business and protect liquidity in the current economic environment. The company launched Arrow Smart Terms, which can help businesses manage cash flow and provide the flexibility needed to negotiate and close opportunities.

At a recent briefing for MSP clients, Arrow brought together economists from the Bank of England and representatives from Hitachi Vantara and Arrow Smart Terms to talk about the state of the economy, its impact on business and the support Arrow offers to mitigate uncertainty.

The increasing importance of working capital protection was highlighted, as well as the impact of rising inflationary pressures on the end consumer.

Nick Bannister, Arrow’s UK and Ireland VP of Enterprise Computing Sales, commented: “Working closely with your distributor is essential. Increasingly, partners need non-standard conditions to secure deals and manage their work

capital. Arrow Smart Terms aims to support the channel by allowing customers to place orders with partners according to a recurring invoicing methodology and then reflect this in the supply chain.”

Arrow Smart Terms are designed to support sales partners in meeting customer payment requirements. Available for subscription, support and hardware, it allows you to match deferred payment terms that extend beyond the standard terms of up to five years.

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Arrow Electronics drives innovation for more than 220,000 leading technology manufacturers and service providers. With sales of $34 billion in 2021, Arrow develops technology solutions that improve business and everyday life. Learn more at

fiveyearsout.com.

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Arrow Electronics Launches Smart Terms in UK & Ireland to Help Sales Partners Manage Working Capital – TECHNOLOGY RESELLER

Source link Arrow Electronics Launches Smart Terms in UK & Ireland to Help Sales Partners Manage Working Capital – TECHNOLOGY RESELLER