Plastiq
17 Case Studies
A Plastiq Case Study
Outdoor Voices, an apparel company, faced a challenge with seasonal cash flow fluctuations due to large inventory purchases in Q3 for the holiday season. This created a strain on their minimum cash balance. They turned to the vendor Plastiq and its payment platform for a solution.
Plastiq provided the flexibility to pay for major expenses like inventory and marketing, even when vendors didn't accept credit cards directly. This solution allowed Outdoor Voices to better leverage their credit lines, manage their cash flow effectively, and maintain necessary liquidity during peak seasons. As a result, Plastiq has become a key platform supporting the company's growth as it continues to expand.
Sarah Stinnet
Director of Financing and Accounting