Selecting the right B2B payment platform can determine whether your company thrives with healthy cash flow or struggles with tied-up capital and manual AR processes. While Hokodo once served European merchants with B2B BNPL solutions, it processed its final transaction in November 2025 and completed its platform wind-down in March 2026, with the shutdown publicly announced in April 2026. This left businesses searching for alternatives. Coupa Pay operates within an enterprise spend management and procurement environment, with implementation requirements varying by deployment scope and integrations.
Resolve Pay delivers non-recourse net terms financing combined with complete AR automation, enabling mid-market manufacturers, distributors, and wholesalers to offer competitive payment terms while receiving immediate cash. Understanding these fundamental differences helps B2B sellers choose the approach that matches their cash flow needs, operational capacity, and growth objectives.
The B2B payment technology market encompasses fundamentally different solution categories, each designed for specific operational models and business objectives. Recognizing these distinctions helps finance leaders select platforms aligned with their company's growth stage and execution requirements.
Net terms financing platforms like Resolve Pay enable sellers to offer deferred payment options (Net 30, 60, or 90 days) to business buyers while receiving immediate cash advances. These platforms assume credit risk on approved invoices, handle collections, and automate the entire accounts receivable workflow. The U.S. Small Business Administration notes that B2B companies can have working capital tied up in accounts receivable while waiting for customers to pay, making effective receivables management important for healthy cash flow.
Resolve Pay exemplifies this approach by combining non-recourse financing with comprehensive AR automation. Key capabilities include:
Enterprise procurement platforms like Coupa Pay serve as comprehensive spend management systems for large organizations. These solutions manage the entire procure-to-pay workflow, including requisitioning, purchasing, invoice processing, and supplier payments. The focus lies on buyer-side operations within complex procurement environments.
Coupa Pay provides procurement orchestration, virtual card programs, and AP automation for organizations with complex supplier networks and significant procurement volume. The Coupa Supplier Portal also includes working-capital options such as Early Payment Discounts and third-party invoice financing for eligible suppliers in selected states, which differ from Resolve Pay's integrated non-recourse net terms model.
B2B buy-now-pay-later platforms emerged to bring consumer BNPL concepts to business transactions. Hokodo represented this category in European markets, offering checkout financing and trade credit solutions for UK, France, and German merchants.
However, Hokodo processed its final transaction in November 2025, while a small team continued the wind-down into March 2026. The shutdown was publicly announced in April 2026, making Hokodo a historical rather than active option for businesses evaluating B2B payment platforms today. The company had financed over €500 million (approximately $530 million USD) across 100,000+ business buyers during its operational period.
Resolve Pay operates as a B2B payments platform purpose-built for manufacturers, distributors, and wholesalers offering net payment terms to business buyers. The platform combines multiple functions that traditionally required separate tools and vendors.
Net Terms Financing
Resolve Pay enables sellers to offer Net 30, 60, or 90 day payment terms to approved buyers while receiving advances within 1-2 business days. The non-recourse structure means sellers keep their advance even if approved buyers default on payment. This eliminates credit risk exposure while providing immediate working capital.
The advance rates scale based on risk assessment, with qualifying invoices receiving up to 100% of eligible approved invoice value upfront. Sellers gain predictable cash flow without waiting 30-90 days for buyer payments.
AI Credit Engine
The proprietary credit engine evaluates thousands of buyer data points to deliver instant credit decisions. The system analyzes:
Credit approvals typically complete within 24 hours, with instant decisions available for qualifying purchases. This speed replaces the manual trade reference calls and spreadsheet tracking that slow traditional credit management processes.
AR Automation Platform
Resolve Pay's accounts receivable automation eliminates manual invoice and payment management tasks. The platform handles:
Customers report up to 90% reduction in manual AR workload after implementing the platform, freeing finance teams to focus on strategic activities rather than routine administrative tasks.
Agentic Collections
The agentic collections system automates multi-channel follow-up sequences with intelligent escalation. The platform executes coordinated outreach across email, SMS, and voice AI to collect outstanding payments while preserving customer relationships.
Key collection features include:
B2B Payment Portal
The white-labeled buyer portal provides a branded experience showing all invoices, credit lines, and payment history. Buyers can pay via ACH, wire transfer, credit card, or check through a secure, mobile-responsive interface. Self-serve payment plans and dispute flagging reduce back-and-forth communication.
Resolve Pay launches in 2-4 weeks for most implementations, with ecommerce integrations often going live in days. The platform provides native integrations with:
Two-way sync ensures invoice and payment data flows automatically between systems, eliminating manual data entry and reconciliation errors.
Resolve Pay serves 15,000+ businesses with documented outcomes across manufacturing, distribution, and wholesale industries.
Customer success stories include:
The platform maintains a 5.0/5 rating on G2 with consistent praise for responsive support and ease of use.
Hokodo operated as a B2B buy-now-pay-later platform serving European merchants in the UK, France, and Germany. The company was founded in 2018 and built checkout financing solutions for online and omnichannel B2B transactions.
Before its wind-down, Hokodo offered:
The platform financed over €500 million (approximately $530 million USD) across 100,000+ business buyers during its operational period.
Hokodo processed its final transaction in November 2025 and continued its wind-down into March 2026, with the shutdown publicly announced in April 2026. According to founders' post-mortem analysis, key factors in the company's closure included moving too broadly for too long without identifying a specific customer profile, building excessive product complexity, and scaling before achieving sustainable product-market fit.
The API and merchant dashboard officially closed on March 23, 2026, completing the platform's operational wind-down.
Coupa Pay operates as a component within the broader Coupa spend management ecosystem. The platform focuses on enterprise procurement and accounts payable automation within complex organizational environments.
Core Coupa Pay capabilities include:
The platform serves enterprise organizations requiring comprehensive procurement orchestration and policy enforcement across complex supplier networks.
Coupa Pay and Resolve Pay approach B2B payments from different operational perspectives:
Coupa Pay is generally deployed as part of a broader enterprise spend management environment, with requirements varying based on an organization's modules, integrations, payment workflows, and procurement operations. Implementation timelines vary based on deployment scope, modules, approval workflows, ERP integrations, payment configuration, and organizational requirements.
User experience feedback indicates that comprehensive enterprise procurement platforms often involve configuration complexity that requires dedicated training and support resources during deployment and ongoing operations.
Resolve Pay:
Hokodo (Historical):
Coupa Pay:
Resolve Pay:
Hokodo (Historical):
Coupa Pay:
Resolve Pay:
Hokodo (Historical):
Coupa Pay:
Resolve Pay:
Hokodo (Historical):
Coupa Pay:
Non-recourse net terms financing: Offer buyers Net 30/60/90 terms while receiving immediate cash advances with zero credit risk on eligible approved invoices
Complete AR automation: Replace manual invoice management, payment tracking, and collections with automated workflows that reduce AR workload by up to 90%
Fast implementation: Launch in 2-4 weeks rather than months, gaining immediate cash flow benefits without lengthy deployment projects
B2B ecommerce integration: Embed net terms directly into checkout on Shopify, BigCommerce, WooCommerce, or Magento with instant credit decisions
AI-powered credit decisions: Approve buyers in seconds using sophisticated risk assessment rather than manual trade reference calls
Mid-market focus: Use a platform designed around the net terms, credit, cash flow, and receivables needs of growing B2B sellers
Resolve Pay is designed for B2B sellers that want to combine net terms, credit decisioning, cash flow acceleration, accounts receivable automation, and collections within one platform. Manufacturers, distributors, and wholesalers can use Resolve Pay to extend approved payment terms while maintaining faster access to cash and reducing manual receivables work.
Hokodo is now relevant primarily as a historical context. Resolve Pay remains focused on helping North American B2B sellers modernize net terms and receivables operations.
Businesses managing net terms manually through spreadsheets and accounting software gain substantial efficiency improvements with Resolve Pay:
Companies using traditional invoice factoring often switch to Resolve Pay for several advantages:
Resolve Pay provides dedicated migration support for businesses transitioning from manual processes or other platforms. The transition typically completes in 2-4 weeks with minimal business disruption, allowing sellers to begin receiving advances on eligible approved invoices immediately after launch.
Resolve Pay helps manufacturers, distributors, and wholesalers manage the core challenges of offering net terms:
Its business credit checks support faster buyer approvals, while net terms financing can advance up to 100% of eligible approved invoice value within 1–2 business days. On approved transactions, Resolve Pay assumes covered credit risk through its non-recourse structure.
Beyond financing, accounts receivable automation supports invoicing and reconciliation, while agentic collections automate payment follow-up. Together, these capabilities can reduce manual AR work by up to 90%.
Native integrations with major ecommerce and accounting platforms help keep data connected without manual entry. Resolve Pay also supports B2B payment processing within the same workflow.
With implementation completed in 2-4 weeks, a 5.0/5 G2 rating, and use across 15,000+ businesses, Resolve Pay gives mid-market B2B sellers an integrated path to net terms financing and receivables automation.
Resolve Pay can advance up to 100% of eligible approved invoice value, with funds available within 1-2 business days depending on the transaction. Buyers retain their approved payment terms, while Resolve Pay assumes the applicable repayment risk on non-recourse advances. This lets sellers improve cash flow without waiting for the buyer's invoice due date.
Yes, Resolve Pay provides native integrations with major B2B ecommerce platforms including Shopify, BigCommerce, WooCommerce, and Magento 2. Accounting system integrations include QuickBooks Online, Xero, Sage Intacct, and Oracle NetSuite. Two-way sync ensures invoice and payment data flows automatically between systems. Most ecommerce integrations launch in days, with full implementations completing in 2-4 weeks.
Resolve Pay focuses on B2B product-based businesses including manufacturers, distributors, and wholesalers. Specific industries include HVAC parts distribution, electrical supplies, plumbing supplies, industrial equipment, medical devices, construction materials, and building supplies. The platform works best for companies with $1M+ annual revenue selling to business buyers who expect net payment terms.
Most Resolve Pay implementations launch in 2-4 weeks, with immediate cash flow benefits once the platform activates. Businesses begin receiving same-day or next-day advances on eligible approved invoices immediately after launch. Customer case studies show measurable results within the first 90 days, including reduced approval times from days to hours and significant year-over-year growth through expanded net terms offerings.
Yes. Resolve Pay combines credit decisioning, invoicing, payment workflows, collections, reconciliation, and optional non-recourse invoice advances in one platform. This helps B2B sellers reduce manual receivables work while continuing to offer approved buyers flexible net payment terms. The automated system handles tasks that traditionally required dedicated AR staff, freeing finance teams for strategic work.
This post is to be used for informational purposes only and does not constitute formal legal, business, or tax advice. Each person should consult his or her own attorney, business advisor, or tax advisor with respect to matters referenced in this post. Resolve assumes no liability for actions taken in reliance upon the information contained herein.