How Self-Pay-Over-Time Works to Boost Sales, Maximize Profits, and Put Business in Control
With Shalem, business can effortlessly screen, originate, and manage Self-Pay-Over-Time Solutions, empowering focus on growth.
How it works
SPOT: Self Pay Over Time
To streamline payment transactions and help businesses close sales, the Shalem platform offers Self-Pay-Over-Time Here's how it works:
1 Enter amount
The salesperson enters the transaction amount, and the customer chooses the number of months and down payment amount for the plan.
2 Identification
The customer provides identification and authorizes a soft credit check and background checks.
3 Analysis
The system analyzes the customer to recommend a payment plan including the down payment amount, number of payments finance charges anymore.
4 Edit details
The business can edit the plan as needed before the customer signs the agreement and pays the down payment.
5 Confirmation
After payment, the customer receives a confirmation email with the contract and receipt, and automatic payments begin on the chosen date.
6 Tracking
Business owners and salespeople can track revenue projections in their personal dashboards.
With the Shalem platform, businesses can offer convenient and flexible payment plans to customers, leading to increased sales and customer satisfaction.
New!
MEMBERSHIP
Shalem is proud to offer membership options for any type of store, service, or business! Here’s a simplified breakdown of how it works:
1 Browse
Discover a wide range of membership options available from the businesses you're interested in. Explore and find the subscriptions that align with your needs and interests.
2 Sign Up
Select your desired membership and sign up on Shalem's platform. It's a seamless process that allows you to easily access and manage your recurring memberships.
3 Set Payment
Set up your preferred payment method for hassle-free recurring payments. Add your credit card or digital wallet details to enable smooth and secure transactions.
4 Manage
Stay organized by managing all your memberships in one convenient place. Easily update, modify, or cancel memberships based on your preferences.
5 Manage
Receive timely notifications about memberships renewals. You'll have the flexibility to continue, modify, or cancel your memberships according to your changing needs.
At Shalem, we're committed to simplifying memberships management for businesses of all types. With our user-friendly platform, you can effortlessly explore, choose, and enjoy your memberships without any hassle.
Coming Soon!
PROFILE AND RISK MANAGEMENT
At Shalem, we understand the importance of assessing the financial profile and managing risks for businesses. Our platform provides a comprehensive approach to evaluate customer financial data. Here’s how it works:
1 Data Collection
Our platform collects essential financial information from customers, including credit reports, income estimates, cost of goods sold, and other transaction-related expenses. This data forms the basis for evaluating the customer's financial profile.
2 Financial Tier Level
Based on the collected data, our advanced algorithms analyze and categorize customers into different financial tier levels. These tiers provide businesses with valuable insights into each customer's financial capabilities.
3 Risk Assessment
By assessing the customer's financial tier level, businesses can effectively evaluate the associated risks. This enables them to make informed decisions about payment terms, credit limits, and transaction approvals.
4 Customized Solutions
Shalem's platform empowers businesses to tailor their offerings and payment plans based on the customer's financial tier level. This ensures a personalized approach that maximizes revenue while minimizing potential risks.
5 Customized Solutions
Shalem's platform empowers businesses to tailor their offerings and payment plans based on the customer's financial tier level. This ensures a personalized approach that maximizes revenue while minimizing potential risks.
By leveraging our client financial profile and risk management tools, businesses can make informed decisions that promote financial stability, mitigate risks, and optimize their operations. At Shalem, we are committed to providing robust financial assessment and risk management solutions to help businesses thrive in today's dynamic marketplace.
