Infomart Corporation (TSE 1st Section : 2492 President & CEO: Osamu Nagao; hereinafter, "Infomart"), which operates a platform for B2B (business-to-business e-commerce), and GMO Payment Gateway, Inc. (TSE 1st Section: 3769; President and Chief Executive Officer: Issei Ainoura; hereinafter, "GMO-PG") of the GMO Internet Group, which develops comprehensive payment-related services and financial-related services, will launch their new service Electronic Invoice Early Payment in January 2020. This service targets businesses (i.e. sellers who issue invoices) using B2B Platform Invoicing, which is Infomart's service that digitizes invoices, and enables the upfront payment of accounts receivables with one click before the deadline for payment^(※), improving the sellers' cash flow.

Infomart and GMO-PG will jointly convene the ?Seminar on Improving Cash Management in B2B Transactions," on July 5th, 2019 (Friday), to explain the Electronic Invoice Early Payment for B2B operators ahead of the launch of the service. Registration for attending this seminar will start on April 25, 2019.

(※) In order to use this service, it is necessary to apply for use in advance, by sending specified documents, etc. to GMO-PG.
After that, you will be able to request conversion with one click. Your application and request for conversion will be checked by GMO-PG.

In many B2B transactions, there often emerges a time lag between the delivery of products after procurement and manufacturing and the payment of prices for the products. This worsens cash flow in some cases. As the labor force population is decreasing due to the declining birthrate and the aging society, many enterprises are required to streamline not only business operations but also a financing for business administration and expansion.
Under such circumstances, GMO-PG, which is aiming to support the expansion of B2B businesses in all aspects by developing payment and financial-related services, and Infomart, which operates Japan's leading platform for B2B and is putting efforts to enhance work efficiency of B2B businesses, will offer Electronic Invoice Early Payment in January 2020, which enables the quick upfront payment of accounts receivables with one click without waiting for the payment from clients, improving the sellers' cash flow.
GMO-PG and Infomart will keep offering multifaceted support, including the streamlining of the business operation of B2B enterprises and growth strategies.

"Electronic Invoice Early Payment" is a service that targets B2B businesses using our B2B Platform Invoicing, and enables the quick upfront payment of accounts receivables. After B2B businesses apply for this service, the upfront payment of accounts receivable (written in the invoices they have issued) before the deadline for payment is enabled just by clicking the button to execute Electronic Invoice Early Payment on the B2B Platform Invoicing screen.
For example, in a case where a client is expected to pay a bill at the end of the month after the following month, the accounts receivable to be settled 60 days later will be settled by GMO-PG two business days later. This will improve the financing of users.
In addition, this service is based on "GMO B2B Early Payment", an existing service for transferring accounts receivable to GMO-PG, and GMO-PG collects receivables. Therefore, there is no risk of failure to collect receivables.
For further details of this service will be given at the ?Seminar on Improving Cash Management in B2B Transactions" described below for B2B operators. Inquiries can also be made through the ?Inquiry Contact" at both Infomart and GMO-PG.

【Seminar on Cash Cycle Improvement of B2B Transactions】

Infomart and GMO-PG will jointly convene the ?Seminar on Improving Cash Management in B2B Transactions," to explain the Electronic Invoice Early Payment service, as part our solutions to B2B operators looking to resolve funding issues to secure growth capital.
Going forward, other similar events to encourage application and awareness of early-monetization of receivables are also considered.