ChargepointEV - reducing payment times and scaling up
September 25, 2021
ChargepointEV is an electric vehicle charger installer and they came to Kanda wanting to increase their conversion rate of leads to jobs, whilst reducing their cashflow burdens created by the government grant.
ChargepointEV were able reduce their payment cycles from 90 days, to 3 days.
For ChargepointEV, they wanted a way to stand out in the market and offering pay monthly options to customers allowed them to do that.
The grant scheme has put pressure on EV installers and Kanda gave us the option to reduce our cashflow problems by guaranteeing us payments every 72 hours
Using Kanda's API to boost website conversion
It was really important to ChargepointEV that customers didn't drop out of the checkout flow so they asked Kanda to build them an API so they could offer finance options directly on their website. Kanda delivered and now customers can checkout with Kanda finance directly from their website - the process is instant for customers and ChargepointEV are notified in seconds of a customer being accepted for finance. Kanda is also flexible enough to allow ChargepointEV to offer finance options to customers when on the road by generating and sending an application directly from their portal in minutes.
Growing with Kanda
Thanks to their improved cashflow Chargepoint were able to scale up the amount of jobs they could do, completing an extra 40% more work a month since offering finance
Win better work by offering finance
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