As we all know, the past year has been a particularly challenging one for small businesses. Research from McKinsey & Company published in June 2020 found that of the small businesses they surveyed, between 1.4 million and 2.1 million (25%–36%) of them were at risk of closing permanently as a result of the early impacts of COVID-19.
The shop small movement has been around since long before the pandemic began, but it’s been great to see it pick up momentum recently as small businesses need support now more than ever. In this spirit, we wanted to take a moment to shout out one of our own small business clients and maybe introduce you to a new favorite #shopsmall gem.
This past holiday season we wanted to support a small business when organizing gifts for our partners—and what better place to look than within our own client base. Instead of using a massive retailer to send out our company gifts this year, we worked with one of our clients, Batch, to deliver holiday gifts to our value added reseller (VAR) partners.
Batch is a small retailer based in Nashville, founded in 2013 by friends Sam Davidson, Stephen Moseley, and Rob Williams. Batch offers handcrafted locally made gifts ranging from sweets and treats to apparel, and much more! Although they’re small, Batch offers a surprising variety of products, selling over 1,000 different items including unique finds from iconic cities across North America.
Working with Batch was a great experience for us, as the whole process was smooth and convenient. We loved being able to spread holiday cheer and show our gratitude to our partners, all while supporting our own client.
Batch and Versapay
How did Batch become a Versapay client? Batch was referred to us by a partner and after conversations with their CEO Sam Davidson, we discovered there was an opportunity for us to help them save on card processing costs and streamline their processes.
Batch now uses Versapay’s Solupay for NetSuite payment acceptance solution, integrated with their ecommerce platform. “The integration is seamless, saving me time in reconciling payments and doing financials,” says Sam.
At Versapay, we aim to improve the way businesses work together by minimizing manual processes, reducing costs, eliminating fraud, and increasing sales. As we’ve been able to do with Batch this year, we strongly believe in being a partner to all our clients and supporting them beyond what we do for them day to day.
With all that has been happening in the world since the COVID-19 pandemic began last year, there’s no better time to shine the light on small businesses. We encourage you to think about how you can support small businesses in your own local community!