Creating Mutually Beneficial Distributor Relationships

The Distributor Funding Program is a built-to-suit solution for enterprise clients and offers a scalable, efficient and flexible model to monetize distributor receivables, while dealers and distributors may opt to extend credit periods

CHALLENGES FACED BY LARGE ENTERPRISES

01

Lengthy receivable cycles

02

Limited distributor network coverage in traditional bank-led programs

03

Minimal distributor engagement limits program adoption

04

Difficult to scale ad-hoc cash discount arrangements with distributors

05

Maintaining distributor loyalty with non-exclusive distributors

CHALLENGES FACED BY Distributors

01

Limited access to funding through bank-led channel finance programs

02

Lengthy paperwork and on-boarding due to limited digital intervention

HOW CREDABLE WORKS

STEP 1

ERP Integration

The distributor funding platform is integrated with the ERP system of the large enterprise. It acts as a digital marketplace for distributors

STEP 2

Upload Invoices

The anchor enterprise uploads all approved distributor invoices onto the marketplace for distributors to request credit extension for their invoices

STEP 3

Distributor Extension Request

Distributors activate their accounts on the CredAble platform to view their invoices and choose the number of days of credit extension and the commensurate premium offer

STEP 4

Enterprise Payment Request

CredAble’s enterprise client will get to review the proposals by the distributors, and select the date on which the enterprise wishes to be funded

STEP 5

Access to Capital

Both monetisation of receivables and distributor credit extension are facilitated by CredAble’s partner network of banks, NBFCs and other Financial Institutions

STEP 6

Payment Flows

Financial institution funds the enterprise on its requested date. The financial institution is repaid by the distributor on the revised due date. CredAble’s technology maps and tracks both process and payment flows

Benefits of the distributor funding program