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What is GLASS Commerce?

A groundbreaking cloud-based platform tailored for government small purchases provides an efficient method for sourcing products. Users benefit from a robust search bar that enables easy comparison of products and prices all in one view. The system enhances the purchasing experience by factoring in price, local delivery options, historical vendor performance, and the specific needs of different agencies. It further verifies vendor qualifications, including warranties, insurance, and adherence to agency regulations. Payments may be processed through government credit cards, checks, purchase orders, or our credit line. This innovative marketplace streamlines compliant transactions between government purchasers and reliable small vendors, thereby eliminating the necessity for bids or cumbersome paperwork. Users can swiftly locate goods and services with an integrated search function, utilize smart filters to discover optimal deals, and finalize purchases with a few simple clicks. The automated source-to-pay solution significantly reduces reliance on phone calls and emails for vendor communication. By prioritizing small purchases with local and diverse vendors, the platform contributes to the vitality of community economies while lowering carbon emissions and promoting economic development. Furthermore, it empowers government agencies to achieve the best value for taxpayers by enabling requests for unlimited quotes from numerous vendors, thereby fostering transparency and competitiveness throughout the purchasing process. Ultimately, this approach not only simplifies procurement but also enhances accountability in government spending.

What is Balance?

Balance is the pioneering self-service checkout solution that effectively handles all B2B payment intricacies. This encompasses a variety of payment methods, including wires, checks, SaaS subscriptions, automatic vendor payouts, milestone payments, net terms, and more. Designed with an API-first approach, it provides seamless access to documentation for integration. You can accept a multitude of payment types, such as wires, ACH, credit cards, and checks. With instant and risk-free net terms, customers can enjoy payment terms of net 30 or 60 days, while you receive your funds immediately. Recurring payments are made effortless, allowing for simple management of ongoing invoice payments akin to standard credit card transactions. Balance is tailored to meet the diverse needs of B2B payments, making it an excellent choice for marketplaces, wholesalers, merchants, SaaS providers, and service-oriented businesses. With self-serve invoicing, customers can conveniently access and settle their invoices with just a click, enhancing user experience. Additionally, the system automates reconciliation and collections, leaving behind the outdated manual processes that many businesses still rely on today.