Features
Convenience:
Single point reconciliation mechanism
Ability to receive payments from multiple buyers through single digital platform
Technical capability to integrate with your core financial system
Security:
Card based solution with secured digital platform environment
Username-Password based login to check receipts of payments
MIS & Reporting
Visibility through MIS for all payments received
Auditable trail of all transactions
Archival of transaction history as per the regulatory norms
Facilitates convenient, easy, and hassle-free payment process
Cost effective – Reduces the cost of manpower required for payment processing & Reconciliation
Improves Cash flows by timely receipt of short-term receivables
Automate and digitize the entire pay-in process, thereby increasing operational efficiency
Compliance
Centralized receipt of payment from various dealers & distributors for better control and compliance
Digital recording and reporting of transactions in the corporate's ERP system in case of digital platform's integration with your core financial system
Dashboard & MIS
Dashboard with receivables reports to help control your company's receivables
Visibility through MIS monitoring for tracking receivable transactions
Easy receivable payment reconciliation through online transaction tools & reports
Business Opportunities
Healthy business relationship - Timely payment received from dealers & distributors helps to build a healthy business relationship
Better stickiness with dealers & distributors by offering additional mode of payment
Opens addition business opportunities due to improved cash flow
Convenience:
Access to timely and comprehensive reports helps to minimize administration cost required for record storage, tracking & reconciliation
Customizable Credit cycle such as (30+20) days or (15+7) days
Incremental credit line bringing in cost efficiency
Strengthen Relationship
Real time receipt of payment notification to corporate's reduces the follow-ups and possible disputes
Assures timely and correct payment deposited to Corporate's account