TypicalVsSmartCFO

Why Smart CFOs fintakl their Spend?

Improve EBITA by transforming Supply Chain Spend into High Yield Cash Earnings with zero risks. 


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Here are two ways to approach Procurement Spend

Typical CFO 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 CFO 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.

In a nutshell

Transform your Vendor Spend into Earning Opportunity with Increased Returns with On-demand discounts.

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

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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