Yes Bank, India’s fifth largest private sector bank, has launched YES Transact-InvoiceXpress, a unique Digital Working Capital Management solution that helps to digitize the complete process of invoice presentment, collection of payments, reconciliation and monitoring. The solution will improve the financial processes of a company’s supply chain and increase the efficiency of working capital cycles, leading to faster cash flows and more streamlined operations.
Yes Transact-InvoiceXpress allows dealers and distributors to raise invoices online in the company’s format, set alerts and reminders, and view a complete dashboard of individual paid and unpaid dues with or without an ERP system. Multiple dealers can access the portal to pay through multiple payment options. This digital working capital solution is especially relevant for organizations with significant dealer and distributor networks, and business segments having large volumes of collections like travel and tourism, utilities, educational institutes amongst others.
Yes Bank, India’s fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai.
