There are many companies who manage their vendor payments based on cash flow, however many companies are now moving towards "Revenue Management" that includes both pay-in and pay-out process. Most of the organizations are introducing advance payment or pre-paid models better cash flow.
- What is vendor payout?
- Problem with Vendor Payments
- How can you streamline vendor management and vendor payments?
- How Tilli's Monay resolves your Vendor Payout woes?
- How does Vendor Payout Look Like with Monay
Tilli's Monay is the right platform to simplify your vendor payout process, which provides a service where you can efficient vendor payment management that saves times and reduces errors.
- Fetch respective invoices.
- View and verify relevant invoices.
- Select one, few or all the invoices to make a payment
- Click on "Pay"
- Select your choice of payment mode.
- Make immediate payment.
- Update accounting system for reconciliation.
- Get your vendor notified about the payment automatically!
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