Petition Overview:

Every day, countless contractors and subcontractors in South Africa’s public procurement industry face unnecessary challenges due to outdated payment systems. These inefficiencies lead to delayed payments, wasted time, and significant financial instability. It's time for a change. We need a modern solution that ensures efficiency and reliability in public procurement payments.

The Problem:

In the existing public procurement process, the lack of efficient, transparent payment systems leads to delayed payments and excessive time spent chasing invoices. This affects the financial health of the businesses involved and the overall efficiency of public services.

Our Solution - Bidsstack with Stripe Connect:

We propose the integration of Stripe Connect with Bidsstack to streamline the payment process between contractors and subcontractors. This integration will automate payments, reduce administrative overhead, and ensure timely and secure transactions.

Benefits of Using Stripe Connect:

• Automated Payments: Automatic processing of payments on completion of milestones, reducing the need for manual invoicing.
• Secure Transactions: Advanced security protocols to protect all financial transactions.
• Customizable Payment Flows: Ability to tailor payment terms to specific contracts and services.
• Compliance and Reliability: Ensures all transactions meet regulatory standards, providing peace of mind for all parties involved.

Call to Action:

We need your support to bring this change to the public procurement sector. By signing this petition, you are advocating for a more efficient, transparent, and reliable system that benefits everyone in the procurement chain. Let's modernize and improve our procurement processes with Bidsstack and Stripe Connect. Your support is crucial in making this vision a reality.

Conclusion: Support us in transforming the public procurement landscape in South Africa. Sign and share this petition to help us implement Bidsstack with Stripe Connect, paving the way for a more efficient, secure, and economically robust procurement system.