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Automated Finance for Banks and Financial Institutions

Offer AI/ML driven Integrated Receivables and Payables automation solutions to your corporate and commercial banking customers. Realize new revenue streams within the B2B payments ecosystem. Achieve customer delight via integrated value-added services and stay ahead of competition 

Banks-and-Financial-Institutions

Automated Finance for Banks and Financial Institutions

Offer AI/ML driven Integrated Receivables and Payables automation solutions to your corporate and commercial banking customers. Realize new revenue streams within the B2B payments ecosystem. Achieve customer delight via integrated value-added services and stay ahead of competition 

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Trusted by top brands

Deploy white-labeled AR and AP automation,
digitize products for your customers

EIPP Send actionable e invoices to customers in real time

Enable corporates to present invoices digitally via portals, apps and links, with seamless payment options

Auto-read incoming payment advices, account credits, other bank statements, and invoices. End-to-end reconciliation to customer ERPs

Offer vendor portals to the corporates for automating vendor interaction, PO, invoice and other data exchange for a seamless end-to-end processing

Offer financing to the corporates’ supply chain via integrated vendor and dealer financing. Support financing, dynamic discounting and factoring for AP payouts

Benefits

How our financial solutions help your corporate customers

Banking Financial Institutions 8 Benefits 1@3x 8
Which enterprises we work with

Case Studies

Trusted by 1K+ happy customers

"We have been working with Global PayEX as part of our cash application automation initiatives. Really pleased with the results delivered by their AI/ML based cash-app tool called AlgoriQ. The solution has worked well, and the PayEX team has been super supportive throughout."
 

Saranathan Ranganathan
EVP & Head of Finance
ITC (TM&D)

"Our accounts teams are delighted with the time & effort saved, and there are much fewer instances of accounting errors. AlgoriQ has automated every step of the reconciliation process, including identification of commission & deductions, accounting them into respective ledgers, and transferring entries to payables."

"Global PayEX’s AlgoriQ helped us in discovering a new way of doing reconciliation with our channel partners. In just the last two quarters since we implemented the platform, it has already improved efficiency by more than 50% by eliminating the manual tasks."


"Our digital collections went from 22% pre-Covid-19 to 80% in March 2021. We unlocked around €7 million in cashflows over 9-months period by adopting FreePay. We have reduced its day sales outstanding (DSO) or the average time taken to get paid after invoicing by 6 days."

"Global PayEx's fintech-powered solution has fully digitized our workflows, alleviating our treasury team from traditional manual practices to better focus on core strategy planning, to further grow the business."



"We have been using FreePay since 2017 and the improvement and efficiency it has brought in our collections and account receivables management has been remarkable. It has helped deliver electronic invoices to our Channel Partners in real-time, and process payments with all our business terms plugged in."

"FreePay has digitized our invoice presentment, automated payment processing and taken care of our end-to-end customer account reconciliation. Our dealers appreciate the solution for its completeness, ease of use and transparency in doing business."


Our Trusted Partners

Want to fast track your cash flow and grow your top-line?