Corporate Payments

Corporate B2B Collection (EIPP)

Our corporate B2B Solution is a comprehensive suite and customizable solution that allows the corporates to present their request-to-payment invoices in digital mode and the business partners to make payments against these invoices using microsites powered by Virtual Accounting (VAM) features. The platform supports omni-channel payments such as; online (PG/Internet Banking/RTP Rails) or offline / OTC (Cash/Cheque/DD) modes of transaction, guaranteeing an enhanced user experience.

Our integrated suite of electronic billing, payment, and communication solutions including the new generation EBPP services (Electronic Bill Presentment and Payment) not only reduces overhead costs, but also promises delivering industry-leading security.

Designed to offer real-time online auto-reconciliation of incoming transactions against the invoices and providing an update back to the corporate ERP, our sought-after solutions are making a difference to our client’s workflow. Equipped with strategic virtual account management features, Mindgate Solutions helps retain the desired visibility and reporting needed to facilitate reconciliation and internal accounting.

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Key Capabilities:

  • Digitized invoices presentment for receivables
  • Generate Collect Request/ Request to Pay URLs to facilitate online receipts using RTP rails.
  • Automatic reminders for bills with a due date.
  • Maintain minimum payment threshold, partial payment, charges related parameters.
  • Receipt of payment through a single payment window against multiple invoices or multiple payments against one or many invoices (One to Many/Many to Many/Many to One).
  • Monitor payment methods and optimise the collection process and charges
  • A microsite to review the invoices raised.
  • Process invoices for single or bulk payments (multiple invoices against single payment) and create payment batches.
  • Supports both Online/Offline Payment.
  • Easy invoices reconciliation.
  • Manually map invoices that are not reconciled (Manual Reconciliation).
  • Monitor payment receipt status and generate various reports.

Corporate B2B Collections (EIPP)