Market of invoice discounting in India-Only top 10% of the $80 billion market has been addressed
Supplier raises an invoice for goods/services
Corporate shares invoice data with Vendor Kredit
Vendor Kredit algorithm identifies the invoices available for discounting and allows the supplier to choose the invoices to discount
Vendor Kredit makes payment to supplier net of cash discount (for invoices selected by supplier for discounting).
Corporate pays Vendor Kredit on the due date
VendorKredit helps anchors digitize & rearchitect its interaction with vendors
- APIs syncs with Anchor’s accounting software and keeps records upto date
- Pay your vendors lightening fast or allow us to do so
- Seamlessly handle TDS, GST, debit notes and advances
- One stop shop for invoice tracking, bill pay and flexible financing solutions
- Business analytics that helps the Anchor build a stronger understanding of its vendor base
- Dynamic discounting optimises value creation for both Anchor and vendor
- Process checks at various levels to ensure that no duplicate invoices and no fraudulent transactions.
- Business analytics and communication that help the Anchor build strong relationship with vendors and understanding of their base
- Confidentiality of data at all levels
- A combination of technology and risk management
Our Solution
Innovation is the unrelenting drive to break the status quo and develop anew where few have dared to go
Steven Jeffees
Potential and growth of B2B Market places
- Indian B2B start-up ecosystem growing rapidly
- 44% of all start-ups are B2B start-ups
- Enterprises investing more towards digitization
- Regulatory need – e-invoicing mandates e-way bill standardization
- Proximity to global R&D centres - India has 1450+global MNCs contributing and driving digital transformation mandates for global HQs
- Abundant presence of digital technology talent