VENDX Payment Register Module

VENDX Payment Register

Delight your suppliers

VENDX payment register module addresses the most vital concern of suppliers by providing real-time visibility to payments, outstanding invoices, the status of every invoice & the ledger thereby eliminating extensive internal coordination between finance & purchase & eliminating unnecessary interaction with suppliers for feedbacks on payments & invoice status thereby ensuring huge satisfaction to the suppliers.

Typical challenges of an organization in the context of suppliers’ payments & invoices

Extensive coordination with the finance department.
Immense wastage of time to respond to repetitive follow–ups from suppliers to know status of payment & invoices
Lack of instant visibility on suppliers’ outstanding invoices.
Non–timely action to clear invoices for payment.
Challenge in Account Reconciliation & getting balance confirmation.

Key Benefits of VENDX Payment Register

Huge Savings of time due to the elimination of unnecessary coordination with finance and suppliers.
Superior supplier satisfaction leading to improved services & competitive offering.
Better compliance due to ease of meeting statutory needs.

Case Studies

Digitization Success Stories

Read about challenges we addressed for our customers and the benefits accrued by them

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Payment Register

Leading Chemical and Textile conglomeration wanted to provide visibility of accounts and payments to each of their supplier for superior vendor satisfaction & to avoid unnecessary inter-departmental c ...

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VENDX Payment Register