A blockchain solution for intra-organizational systems to manage inter-organizational processes

Solution Brief
Solution Details
Value Proposition
Business value & outcomes
Solution Demo

 

Our platform provides the ability for clients, vendors, and suppliers to share transactional logs via smart contracts, automating the most common processes of accounting, contracts, inventory, and billing; allowing for faster settlement, transparent audit trails, and simple reconciliations between the entire network.

Automation via Smart Contracts

  • Simple and quick onboarding
  • Seamless automation of transactions
  • Timestamped evidence for disputes

Cryptographically Secure

  • Immutable to data tampering
  • Real-time validation utilizing smart contracts
  • Traceable audit trail of customer lifecycle

Real-time Settlement

  • Disputes Performance
  • Customer Servicing
  • Compliance Reporting
  • Fraud prevention

Order Lifecycle Management

  • Near-zero Reconciliation cost
  • Verifiable Audit Trail
  • Real-time view of order cycle

Blockchain eliminates the bottlenecks and complexities associated with the intercompany process




Current: A Painful, Opaque, & Time consuming Process


No real-time accounts tally and lengthy process with middle men

No real-time stock monitoring and stock level visibility

Current client-supplier relationships lead to inconsistencies and the need for regular reconciliation with high costs

Databases are spread out within the company creating silos amongst the structural departments

Multiple copies and versions of documents are created which make it difficult to find original data

Lack of a real-time view on management efficiency brings about delayed decision-making.

Prone to risks that could lead to disputes and litigation


Our Innovative, Smart contract, Transparent, Blockchain based SMB business process


End-to-end Solution for Vendor/Supplier Relationship

Single-Source of Truth

Order Lifecycle Management System

Order Lifecycle Management

Integrated Dispute Management

Automatic Real-time Value Settlement

Authorization Integrated into Smart Contracts

Contract Administration

Integrated & Customized Analytics Dashboards

Business Value & Outcome


The digitization of paper-based contracts onto the blockchain holds the potential to revolutionize the way contracts are prepared, transacted, amended, stored and complied. Information stored on the blockchain will help resolve contractual disputes faster, without arbitration or litigation.

We believe it is possible to achieve a fully automated Account Receivables reconciliation process, thereby increasing straight-through reconciliation (STR) rates to a point where minimal manual intervention is required.

Our platform enables treasury to see balances across the company at all points in time, compared to the traditional batch-based statements that simply can’t provide up-to-the minute information.

Companies will significantly increase profit margins by improving internal efficiency and reducing transaction costs.

Contact Us

Drop a line or give us a ring, we would love to hear from you and are happy to answer any questions.

 

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