Impulso collect sales data every day directly from the retailers POS or ERP system. We reads data from every purchase that goes through the checkout. This means that we can follow all the items that the retailer sells. For example we read the EAN-code and articles number and through these, we can connect the sold product with the right supplier.
Based on the sales data Impulso makes withdrawals from the retailers bank account. In the case of a commission, the withdrawal is based on the part of the sales revenue that is to be paid to the supplier.
If you send invoices, the withdrawal is based on the total invoice amount divided by the payment period, for example 30 days. That means that we secure your payment flow every day.
The payment process is secured by the Swedish Financial Supervisory Authority.