Case Name
Bulk Payout Automation from ERP
Category
Pay slips, Vendor Payments, Expense Reimbursement
Date
January, 2021
Challenges
Traditional banking practices require most companies to dedicate a large portion of their valuable business time to sorting and managing financial transactions.
With recent development in eCommerce industries, No Inventory businesses required a way to automate their process to vendors for smooth, automated and error-free process.
At Arihant Ai, we hold our customer experience above all. And we decided to find a solution to reduce the time being spent on each payout transaction with affordable pricing for B2B & B2C Businesses.
As our ERP prides on ‘Business Solutions’, the solutions needed to have no other interface than our own beloved ERP.
Moreover, the solution required to process bulk payouts at once for the best user experience.
We welcomed the next mission and began designing a mammoth solution that can support both B2B and B2C businesses at a fair cost.
Solutions
As a result, our team achieved next-gen ground-breaking achievement in the Finance Automation segment.
In reality, we built a solution for HR Managers, Purchase Managers & Management Board to process their payments with one click authorization.
Some of the advantages of Virtual Banking Solutions : Instant Beneficiary additions, Automate your vendor & tax payments, Manage receivables and payables in one place, Get instant loans without collaterals.
You get to process single / multiple transactions within just click, moreover we can also customize to initiate auto scheduled payouts on-demand basis.
Let it be Vendor payouts, tax payments, expense reimbursements or Employee pay slips : process all from ERP interface.
For B2B payouts up to 2 lac INR (Govt. imposed limit), payouts can be processed for as low as ₹10/transaction.
Summary
We provide seamless Payouts integration with our Accounting Solutions (part of Customized Business ERP solutions). Moreover, we also provide integration of Tally, Tally Prime, Xero, QuickBooks integration with our ERP Solutions. For more information,
Contact us at sales@arihantai.com
in Success Stories