Unlocking Capital. Creating Opportunities.

Our focus is to make it easy for large enterprises to facilitate on-demand working capital for their supplier, using our trade finance expertise, world-class technology platform and partnerships with third party capital providers

CHALLENGES FACED BY LARGE ENTERPRISES

01

Balancing priorities of maintaining days payable outstanding with strengthening vendor relationships

02

Addressing persistent follow-ups from vendors for invoice payments

03

Negotiating cash discounts for early payments bilaterally with each individual vendor

04

Early payments to vendors can exert pressure on working capital

05

Mismatched receivables and payables cycles

CHALLENGES FACED BY VENDORS

01

Long receivables cycles exert pressure on a vendors ability to meet financial commitments

02

Pressure on funding limits a vendors ability to pursue business growth

03

Traditional lending burdens a business with debt and can fall short of business requirements due to credit quality limitations

04

Traditional lending may require collateral, guarantees and incurrence of fixed costs

05

Reliance on informal lending sources can prove to be prohibitively expensive

06

To manage liquidity, vendors rely on early payments in an ad hoc manner in the absence of an organized program

Introducing CredAble’s Dynamic Discounting and Receivables Exchange Platform (DDRX)

A FinTech platform that makes it easy for large enterprises to facilitate on-demand working capital for their vendors

HOW CREDABLE’S DDRX WORKS

STEP 1

ERP Integration

The Early Payment Platform is customized and integrated with the ERP system of the enterprise client

STEP 2

Upload Invoices

The anchor enterprise uploads all approved invoices onto the marketplace for vendors to be able to request early payment of their invoices

STEP 3

Early Payment Request

Vendors+ activate their accounts to view their invoices, choose an early payment date and offer a flat percentage discount in exchange for the early working capital

STEP 4

Requests Approval

Enterprise client has complete control in terms of reviewing the payment requests. It can suggest an edit, or approve the early payment requests

STEP 5

Access to Capital

DDRX has capital providers integrated into the platform. When a payment request is accepted, the platform facilitates the early payment into the vendor’s account in partnership with Financial institutions

STEP 6

Enterprise Payment

On the invoice due dates, the anchor enterprise makes the invoice payments, which are credited to the accounts of the relevant capital provider

Advantage of the Early payments for suppliers

Vendor Confidence

Stronger trade relationships with vendors

Flexibility

Flexibility to maintain or extend days payable outstanding while vendors are paid early

Best Rate Algorithm

CredAble’s marketplace dynamics drive ‘best rate’ discovery on vendor offered discounts and cost of third party capital 

Built for Scale

Platform is built to engage with suppliers at scale

Digital User Experience  

Vendor onboarding, Documentation, and reconciliation with Anchor ERPs and capital providers is completely digitized

Debt Free Working Capital

All vendors are eligible to participate and grow their businesses without borrowing

No Hidden Costs

Vendors access working capital at fair discounting rates without any hidden costs

Ease Of Registration

Account registration is free, simple and quick. CredAble’s relationship managers will assist vendors through the process

Complete Transparency

The platform provides complete data transparency to vendors with regards to invoice and payment related data 

Access to New Enterprise Clients

Access to blue-chip â€˜new-to-bank’ enterprise clients

Scalable Technology

Efficient technology platform to pursue large scale trade finance opportunities with existing and new clients

Cross-sell Opportunities

Cross-sell opportunities across product lines