Supply Chain Finance with Synoriq LMS
A system that delivers perfect accounting numbers every time and integrates with your CBS solution with ease. One-stop, end-to-end solution to manage your foray into SCF
How we ease your process?
though the web
as per anchor
Plug and play valuation proposition
Automation: Reduced Manpower and TAT
Our Onboarding Journey
offers the ease of taking the anchor aboard and setting up the level limits. Empowers the anchor to login and upload the dealer/vendors for further onboarding and enables ERP id mapping at this stage to ensure mapping of SAP/ ERP with Synoriq SCF. We provide both the onboarding paths of sef sign up and assisted journey based on your strategy.
Self-signup journey (Web/App), allows you to send the signup link via email/SMS/ WhatsApp to the dealer/vendor.
Assisted journey by centralized tele-calling team (Web), enables users to fill in the form on behalf of the customer and share the link with the customer for digital signing and further validation.
Assisted journey by RM on the field (App), eases the flow by allowing the user to fill out the form from their end and get it validated and digitally signed by the customer.
CAM sheet is auto-generated, derived from the GST and ITR analysis.
The scorecard can be defined and the approval process can be automated.
Deviation management is supported
Inbuilt preparation and digital execution of documents
Setting the Limit
Final stage will be setting the limits
What makes our Onboarding journey quick?
Minimal Infomation Gathering
GST / ITR Anlyser
Integration with GST and ITR through OTP
KYC through Aadhaar XML
Filling in the form for the co-applicants
Auto Fetching of linked GST Number
Transaction Management was never this simple before
for the process flow for Anchor led Dealer financing,
Anchor downloads an Excel from SAP or another ERP system with Invoices and Debit Note details. This Excel carries an ERP ID
The anchor can log in to the anchor portal and upload the Excel. They can also share this Excel with a lender and lenders can perform the same steps
The system does the following post this
Auto identifies the eligible dealers
Auto computes eligible amounts for financing as per the available limits
The lender can then approve the eligible requests
The system can then auto-disburse the amount through bank integrations
Limits are configured as Credit Lines in the LMS. Drawdowns can have below interest configuration
Interest monthly and principal as bullet
Rear ended interest
Each drawdown carries its own repayment schedule
GST and TDS management
CIBIL reporting in ready format
100% compliant with regulations - all the time
Adhoc limits during season time
The system can be integrated with Virtual Accounts numbers
Dealers/Vendors can make the payments to VAN and the system auto manages the repayments
Customers can log in into the system and check the
following on demand
Regular emailing of statements to respective customers
Statement of Account
Download detailed working of interest calculations
Raising of service tickets from the portal is also planned