Supplier Guide 2014 Jan. 2014 | Page 35

no payment to chase, no accounts to monitor and no risk of bad debts. What is Capricorn’s Service fee? Capricorn’s service fee provides part of the income for Capricorn to operate. Capricorn provides a wide ranges of services to our Members and Suppliers. These services include:• Access to first class reporting on Member penetration, Member purchases, Members who are trading with you and those Members who are not trading with you. • Access to utilise the services of a dedicated Business Development Manager. • Targeted marketing and access to our membership • Financial Services including guaranteed payment • Funding Members payment (the difference between a Suppliers average trading terms (for example 45 days @ 10% and our 30 day end of month payment terms) • A world class Loyalty program (providing rewards Members can redeem and rewarding Members with points for their purchases through their Capricorn account from Preferred Suppliers) • Reduced or no bad debts or recovery costs (replacing Suppliers business costs in many instances) • Access to a large number of high quality Corporate events, trade shows, dinner displays and international conventions • A wide range of other services such as travel, protection and for most Suppliers the ability to become a Member 35.