By the Numbers
Challenges
What challenges did NextSmartShip face?
Global scale creating pressure on fulfillment reliability
Operating fulfillment centers across China, North America, Europe, and Australia, NextSmartShip bore the responsibility of delivering over a million packages annually, placing immense pressure on logistics efficiency and delivery consistency.
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Rising receivables and tracking inconsistencies
As the company scaled, it struggled to manage increasing receivables and faced challenges with inconsistent tracking, impacting both cash flow and customer satisfaction.
Solution
What solution did we offer?
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Extended payment terms without credit risk
The 40Seas automated Accounts Receivable platform empowered NextSmartShip to offer extended payment terms of up to 90 days, allowing greater flexibility for customers while eliminating the company’s exposure to credit risk.
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Seamless API integration for enhanced customer experience
By embedding the 40Seas API directly into the NextSmartShip portal, the solution delivers a frictionless and convenient payment experience for customers within their existing workflow.
Results
Results acheived with us
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Seamless payments and shipping for global scalability
NextSmartShip now delivers a more streamlined online payment and shipping experience to its growing customer base, enhancing operational efficiency across international markets.
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Empowering DTC brands with frictionless trade
With 40Seas, over 2,000 Direct-to-Customer (DTC) brands working with NextSmartShip benefit from smoother international transactions and product distribution, enabling faster growth and global reach.
Testimonial
What Are They Saying About Us?
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William Yu
CEO, NextSmartShip
"Prior to partnering with 40Seas, we knew we weren’t getting the maximum value out of AI when it came to our financial operations. 40Seas helped us unlock the power of automated Accounts Receivables to supercharge our business growth, giving our clients extra bandwidth to focus on core operations and improve cash flow.”
William Yu
CEO, NextSmartShip
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