GOT A PAYMENTS PROBLEM? WE HAVE A SOLUTION.
Companies more often struggle in supplier payments due to insufficient credit period from it’s suppliers coupled with cash flow gaps
Payment delays is a most common concern amongst companies due to slow processing methods or delay in payments from their suppliers/buyers
Lack of automation capabilities at companies end due to limited back office integration with electronic payments & electronic invoices, lack of IT resources and inability to convince suppliers to use ePayments
A limited end-to-end view of transactions results in extra costs, delays and payment cycle disruption
Due to limited or no authorisation controls, there is a possibility of huge fraud risk. Also certain existing payment methods don’t always provide the right level of security for online transactions
Companies report high transaction processing costs being a major challenge due to use of traditional payment methods and lack of process automation
Reconciliation of multiple invoices and processing large transaction data becomes cumbersome due to missing data elements in the file, use of different file formats and lack of system integrations
Most companies face a challenge of longer user journeys to complete a digital transaction leading to unpleasant user experience
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Custom made, to fit your business
Supplier Payment Module
Automated procure-to-pay Journey | Finance & Accounts team Support | Hierarchy matrix | Data transfer and process automation | Audit compliance
A module that enables enterprises to experience an end-to-end, automated, Procure-to-Pay journey without investing time, effort and money to develop or purchase one for themselves.
Features:
Enterprise Utility Bill Payment
Multi-purpose, multi-vendor bill payment | Electricity, Landline, Mobile, Leased line, Broadband and more
A multipurpose utilities bill payment module, specifically designed for enterprises. Aligned with the organisation’s purchase & payment policies, this comprehensive bill payment module covers various bill payment segments such as Electricity, Landline, Mobile, Leased Line, Broadband and many more.
Features:
GST Payment
Single and multiple GST calculation and payments. | Challan payments on-the-go.
A simple way to pay GST for your organisation. It supports both single as well multiple GST payments at click of a button. The mobile app allows users to register and pay GST challans while they are on the go. Aligned with the organisation’s purchase and payment policies and authorisation matrix.
Tax Payment
Industry’s first bulk tax payment module | Avoid payment reconciliation hassle | Save time with bulk upload | Direct tax, Water tax, Property tax and more
It is one of the industry’s first modules for companies to make tax payments in bulk. Traditionally, companies make one consolidated payment for their taxes leading to reconciliation hassle. Or they make individual tax payments to ease the reconciliation process but it takes a great amount of time for this task.
Aquapay Tax Payment module allows companies to create and make payments for individual tax challans in a bulk upload manner. It supports payments towards Direct Tax, Water Tax, Property Tax and many more.
Employee Virtual Card
Multipurpose expense management – Licenses, Online Subscriptions, Advertising and much more | Virtual autonomy, zero misuse | Goodbye physical credit cards
Manage official spends for purposes such as Professional Licence purchase, Online Subscriptions, Online Advertising payments and more. Reduce credit limit misuse by employees that leads to unwanted financial liability.
Features:
Prepaid Card Module
Reward & Recognise | Gift Cards, Payroll Cards, Meal Cards | Take advantage of fringe benefits
Not just an opportunity to Reward & Recognition your employees, or generate payroll or meal cards, but make the most of fringe benefits, if applicable.
