Supply Chain Finance
Extend your days payable and still get a cash discount with PayEX reverse factoring solution
Available On Mobile & Desktop
The PayEX attributes
Simplified digital vendor onboarding
Invoice selection and routing
Multiple lender integration
Seamless disbursal with fully integrated systems
Segmentation based on pricing
Dashboard for corporates and lenders for exposure monitoring
Payment tracking and viewing
Payment and Reconciliation
Benefits of Supply Chain Finance
For Corporates
- Avail cash discounts from suppliers and at the same time negotiate extended credit from the lender
- Improves working capital efficiency
- Seamless origination and onboarding
- Competitive pricing due to the choice of lenders
For Lenders
- Ready pool of prospects
- Reduced client acquisition and operational cost
- Choice of corporate/ supplier driven invoice routing
- Dynamic discounting options support repayment collections with updates to loan processors
For Suppliers
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Optimizes working capital efficiency
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Get timely payment without any debts on your books
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Plan your cash flows and requirements with invoice level early payment selection
Client success stories
"Freepay provided us a one-stop solution to our payment collection problem. Goldmedal has a pan India existence with a huge dealer network base. So, basically Freepay helped us reach the most remote dealer counter and simplify the payment process. It helped us in removing the geographical barriers for payment collection." - Team GoldMedal
“3M India has successfully deployed Global PayEX’s “Freepay” solution to improve the efficiency in our collection and account receivable management. Freepay digitized our invoice presentment, automated payment processing and took care of our end-to-end customer account reconciliation. Our dealers have appreciated the solution for its completeness, ease of use and transparency in doing business”
- Team 3M
Reduced DSO significantly by implementing our EIPP solution
Utilized EIPP to solve collection and reconciliation inefficiencies
Win-Win for an American safety equipment manufacturer and their dealers by initiating consent-based auto pull payments with deferral option