Axis Bank has become the first Indian bank to launch Axis Receivables Suite (ARS) - an innovative Cash Management proposition that simplifies Receivables reconciliation, accelerates cash flow, enhances client experience and reduces cost of doing business. ARS is an end-to-end proposition, along with a mobile app to automate reconciliation of receivables against sales invoices raised by clients.
Using ARS, Axis Bank clients can customize and automate fully what has traditionally been a very time consuming, costly, manual and error-prone activity. Clients also benefit from knowing their upcoming/pending payments and gives them real-time control over all their receivables.
Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.
