Discount your Supplier Spend with AI

Earn High Returns and Guaranteed Bottom-line Savings with Cashback Discounts from Supplier Payments. 

Improve EBITA with Measurable Savings

~23%+ APY Returns

Earn High Returns on your Working Capital with zero risk and without locking liquidity.

Improve Gross Margin
by up to 2%

With Purchasing Cost going down, your gross margin grows resulting in Bottom-line Savings and high profitability.

Earn ~4% Cashback

With Unlimited Discounting Opportunity throughout the pay period, you potentially Save up to 4% of your current Supplier Spend.
Here are two ways to approach Supplier Spend

Typical Approach - Pay the Bills

Missed Earnings

You pay the Invoice on the term day thereby missing to earn cash discounts. Static discounts are often lost in delays.

Struggle during Rainy Days

You look at vendor discounts as a recourse during financial crisis to save some money without realizing that this model can be tapped throughout the year systematically.

No Returns on Working Capital

You reserve Cash Surplus in the checking account to pay your suppliers with no interest at 0% APY. 

Cost to Support Suppliers

You have no visibility into effort spent by the team on supporting suppliers handling inquiries and open issues. You end up spending time and effort on this.

Smarter Approach - Earn from the Bills

Save ~4% of AP Spend

You adopt Dynamic Discounting  to save on your biggest spend by Earning Cash Discounts. Helps improve your bottom-line and profitability margins. 

Save for Rainy Days

You don't wait for a situation to show up to think about discounts. You discount your spend all throughout the year unlocking a new revenue stream with hard cash savings.

Earn over 23% APY 

You invest cash surplus to offer Early Payments to suppliers in exchange for discounts earning double digit returns on your investment with zero risk and without locking liquidity.

Eliminate Supplier Support Cost

By offering Cloud Based Supplier portal, your suppliers have self-service option to send E-Invoice, Track status and View Payments without you incurring manual effort to address these queries.

Transform Supplier Spend into Treasury Cash Earnings

No human touch involved. Fully Automated with RPA.

Most Rewarding Working Capital Initiative with Measurable ROI

Fully Automated with AI/RPA

All you have to do is monitor your savings dashboard and see it grow!

Qualifies Invoices for Discounting

No changes required to your AP Process. Fintakl seamlessly integrates with your ERP and identifies Invoices that are approved and qualifies them for discounting.

AI Handles EarlyPayment Bids

Our AI-Based engine backed by predictive modelling, dynamic vendor profiling and data driven spend intelligence manages and maximizes discount. No Manual Step required.

Earn High Returns with Discounts

You receive zero-risk profit on the discounted invoice. Discount details are auto updated to your ERP. You pay using your existing payment methods. 

Maximize your Earnings with our Intelligence Driven Discounting Cloud

Enterprise Grade SaaS Cloud

Multi-ERP. Multi-Org. Multi-Currency. Ease of Integration with REST API.

Cloud SaaS – Pay as you go

Offered as Cloud SaaS Subscription with no CAPEX spend. You don't have to spend Millions year on year in designing, building and maintaining these systems. Simply Integrate to our Cloud. It's that easy. You can cancel anytime with no obligations.

Higher Returns with AI

Uses AI-Based Vendor Profiling and In-Built RPA to trade Early Payment Offers across dynamic discount tiers to maximize discount earnings. All you have to do is Sit back, Relax and Save.

ERP Integration

Integrate Seamlessly with any of your ERP real-time using our REST APIs. Out of the box certified native integration with Oracle EBS and Oracle ERP Cloud. Our API First design provides best practice integration capabilities.

Automated Supplier Onboarding

Leave the task of onboarding Suppliers to our Machine Learning powered assistants. We provide best practice workflows for seamless supplier onboarding.

Unlock FREE Cash from your own Supplier Spend

Studies show that over 80% of suppliers will consider trading discounts for accelerated cash

FREE Million-Dollar worth of value-adds

Building and Maintaining a supplier portal can be a Million dollar in yearly IT spend. With Fintakl Cloud, you get this for FREE. 

Go Paperless and Painless

Optional Feature. Invoice Details along with the documents are fed directly through to your ERP with no manual effort with Cloud Based  E-Invoicing. 

Streamline Communication

Slack-like Supplier Collaboration along with in-built help desk helps organize and unify supplier communication.

Reduce Supplier Inquiries

As Suppliers can self service and track their invoices, you have less work to do supporting them. Save Time and Money.

Improve Supplier Relationship

Grow your business with improved supplier relationship. Show that you care.

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Save on your Biggest spend with more Earnings. 

Are you ready to Save Big ?

FAQs

Got a question? We’re here to help.
  • Is it real that I can expect two digit returns on my investment?

    Absolutely. Let us take an example. You have a $100 invoice to pay in 30 days. With our platform you secured a $2 discount and you pay 20 days early. If you look at it, you actually got a return of $2 on your $98 cash in just 20 days of investment period. It is a Annualized Return of 36% APY. 


    Imagine if you can earn these high returns on your millions and billions in vendor payments. None of the traditional treasury instruments offer this much yield with zero risk.

  • How is this different than traditional discounting terms?

    In traditional discounts, you only have one discounting opportunity that is within discount cutoff period. For example, in 2%10NET60, your discount eligibility is only within first 10 days. Whereas with Fintakl you have discounting opportunity throughout the payment period. Most importantly, it has better supplier adoption as you are providing your suppliers the flexibility to request Early Payments for discounts ondemand based on their cashflow needs.

  • How does it help improve my profitability?

    It is straight forward. With discounting, you pay less for the goods or services you procure. That means, your margins increases significantly contributing to increase in EBITA.

  • Can I adopt this initiative without changing my current AP process and tools?

    You can continue to use your current tools for Invoice Processing. There are no changes required to your tools, processes or existing pay terms.


    Incase you want to explore our E-Invoicing solution, we can help you with that as well.

  • How about Implementation and Maintenance?

    Fintakl can be launched in a matter of days within two to three agile sprints. No additional resources from business or IT are required post launch.


    Typical rollout time is 21 days if you are running Oracle EBS or Oracle ERP Cloud. If you are on other ERPs, avg rollout time is 35 days.

     

  • How much do you charge?

    It is FREE for you. There is no cost to the software or the usage. You simply subscribe to our cloud platform and Start Saving. All you pay is a percentage of earnings created(discount saved) as a brokerage fee. If we don't earn you a discount, you don't pay us anything. 

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