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Reduce invoice exceptions and increase cash inflow by automating account payables and account receivables
8080 Billion +
Annual transaction value in USD
80
cdyfty
8080%
Reduction in payment processing time
Looking to automate your bill payments ?
- Reduce the risk of excessive cost and frauds through 3-way matching
- Rapid payment approval workflows to ensure timely payment to suppliers
- Automated deductions creations and management
- Digitally managed invoice discounting programs
- Customized reports on spend data for business analytics
Looking to automate your account receivables ?
- Improve accuracy by eliminating manual errors such as duplicate payments
- Digitizing AR process enables automatic generation of invoices to customers resulting in faster collections
- Streamlined order to cash cycle saves time and increases efficiency
- Reduction in past dues of customers due to on-demand channel financing options
Finance FAQs: Profitability, Cash Flow & Margins
Our experience with the market leaders across diverse industry segments helps us serve you better with expert knowledge on any of your supply chain challenges.
How to increase the profit margin?
- Utilize surplus cash in treasury by exercising early payments for account payables to reduce cost
- Improve collection by managing credit limits of distributors
- Reduction of bad debts
Want to increase your account receivable turnover ratio?
- Provision for channel finance during sales order creation to avoid collections
- Promote financial discipline of the distributors through digital payment collection
Why FinessArt Payments?
Increased product margins from better supplier performance
Improved working capital
Auto reconciliation of payments for all the stakeholders
More on Benefits to the Stakeholders
Have questions or want to learn more?
