With 59% of hotel bookings for business trips taking place in a digital environment, more businesses than ever are going online for support with their corporate travel needs. These buyers expect convenient checkout options, including the opportunity to defer payment.
But paying suppliers before buyers have settled puts unnecessary and unwanted pressure on the working capital of business travel providers, restricting growth potential.
To provide the excellent digital experience that clients expect while reaching your own growth goals, you need a corporate travel payment solution that addresses these challenges. Hokodo empowers you to offer credit in a way that is simple, safe and supported.
Buyers receive the industry standard payment terms they expect, while suppliers are paid up front. All parties get a seamless checkout, payment and payout experience – without impacting the already slim margins of your business.
How we help corporate travel providers
21st century credit management
A trade credit solution aligned with your digital-first approach to support a seamless experience across the full credit journey.
Relieve working capital pressures
Free up the working capital used to lend money to buyers and receive faster payouts while benefiting from full non-payment protection.
Save the time and operational costs of credit checks, insurance and collections processes.
Accelerate and enhance the sales cycle
Businesses purchasing on credit terms spend an average of 30% more and make 24% more purchases per month.
Secure future funding
Bring peace of mind to your investors by showing that their cash is being used for growth – not for financing clients.
Reduce integrations and admin with a corporate travel payments solution that enables all clients to transact.
Discover the ROI of a Digital Trade Credit Solution
Hokodo delivers measurable results to some of the world's most innovative business travel management companies, helping them to increase revenue and save costs. Use our ROI calculator to work out how much you stand to gain by adopting a Digital Trade Credit solution.
How it works
A client visits your website and makes a business travel booking as usual. In the background, Hokodo’s APIs conduct credit and fraud risk checks.
At the checkout, the client sees their approved credit limits and payment terms. They choose their preferred settlement method and complete the order.
You share the order information with your suppliers as normal. Hokodo pays you up front.
When their due date falls, Hokodo collects payment from the client.
"Integrating with Hokodo has allowed us to significantly increase our value proposition to our suppliers on our B2B marketplace, through providing seamless real time credit insurance policies to the users of our platform. Guaranteeing each transaction through an API has proved priceless for Rooser!”
"Hokodo and Graindex have created a unique product that gives farmers the peace of mind that they will be paid when selling their crops...Our experience working with the Hokodo team has been excellent - we can now offer our Guaranteed Payment Collection service through access to their innovative technology.”
"Hokodo is a massive part of our proposition in being able to ensure suppliers receive payments on time and build trust on the platform. YardLink is on a big growth trajectory and we see Hokodo as not just ready for us right now, but that it will continue to work for us as we move forward.”
"A great User Experience and great payment terms and flexibility are the two main benefits our customers are looking for, and thanks to Hokodo we are able to offer them that…They have helped us to grow a base of extremely loyal customers all across Europe thanks to payment terms."
“We see Hokodo’s Buy Now, Pay Later solution as one of the key enablers for growth in our B2B marketplace. Post-COVID, payment terms for restaurants have been tightened, so being able to offer credit is a huge value add for Katoo and all the businesses transacting on our platform.”
“With the world currently being in quite a flux, it’s key to have a firm grip on your cash flow and Hokodo really helps us in doing that. I would definitely encourage any other B2B entrepreneur or business owner to use Hokodo if they want to avoid any cash flow issues.”
Are you ready to learn more?
Sell more and grow your business by providing your B2B customers with the ability to Buy Now, Pay Later at checkout. Hokodo is the modern way to offer trade credit on your corporate travel booking platform.
Frequently Asked Questions
Yes! We create business travel payment solutions tailored to the unique pain points, challenges and opportunities of your industry
We’d love to hear from you. Book a call with us today.
From kick-off to go-live, we can usually have you up and running with a B2B BNPL solution in 2-4 weeks.