What is a Work Account line of credit?
Woolworths at Work provides a business line of credit which allows customers to consolidate hundreds of transactions across multiple teams and locations into a single digital invoice. It gives shoppers an easy way to check out and provides a single view of spend across the entire organisation. Our line of credit service has no monthly fee and no chargeable interest.
With a Work Account line of credit, businesses can "borrow" funds to spend on supplies and pay a single digital invoice at the end of the billing cycle. Billing cycles can be weekly, fortnightly or monthly. For example, on a monthly billing cycle, businesses will have 30 days to accrue spend, followed by 15 days to pay your consolidated invoice. Alternatively, businesses can opt to receive an invoice with purchase.
We partner with OpyPro, a B2B payment and reporting platform, to provide businesses with in-depth spend reports and transaction level data to better understand how, when and how much their organisation spends on business supplies.
Your Work Account line of credit can be managed by your business' OpyPro admin in the OpyPro customer portal, which you can access via the Work Hub or by logging in directly to business.opypro.com.au.