Eliminate errors, mitigate risks and reduce the burden on your accounts team by digitizing invoice generation, payment collection and account reconciliation on PayNearby’s automated invoice management platform. Get efficiency in your financial accounting processes.Contact Solution Experts
Retail businesses of all sizes, across industries, can digitize invoice reconciliation and management by using the PayNearby platform and bring efficiency to their financial accounting processes
Fast Moving Consumer Goods
White Goods and Electronics
Textile and garments
Beauty and Hygiene products
Reduce delays and time lags that result from manual interventions through automation of the entire financial management system. Ensure faster processing of invoices across the funnel
Reduce overhead expenses of setting up big accounting teams to manage financial processes. Also eliminate inefficiencies that result from delays, misuse and errors due to manual interventions.
Digitize invoice generation and payment acceptance to ensure faster payment realization, greater transparency and better cash flow management for all stakeholders.
Data driven insights help corporates take more informed decisions on the stock, funds and business health of their channel partners. This helps them scale the business by providing appropriate bill discounting and flow based lending support.
Corporates can efficiently manage the reconciliation across all channel members, including distributors and retailers, through a single seamless view.
Our time tested systems service more than a million transactions per day, with the highest success matrix and 99.9% uptime. PayNearby is certified to the highest compliance standards and your transactions are secured and protected with us.
Distributor uploads invoice on the App.
Retailer can view all invoices against his ID/mobile number
Retailer selects invoice to make a payment, and selects the mode of payment that is convenient for him
Reconciliation is done by PayNearby system and MIS is sent to the corporate
Whether you are a small business owner, or a CFO of a corporation, let us help you digitize your Financial Accounting and Invoice Management. Optimize cost and get efficiency in your organization.