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Enable vendors to get PO and GRN based financing in a convenient manner
Provide access to unsecured credit for raw material purchases to vendors so that they can preferentially service your orders on time.
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Safe and secure. Compliant with RBI guidelines & IndAS
Talk to Sales
Safe and secure. Compliant with RBI guidelines & IndAS
Trusted by more than 3000 companies
The Problem Today
Most financing options are available post invoicing
However, most of your vendor’ costs are incurred before they invoice your company. This working capital gap makes vendors less competitive, and can also result in delays during shipment.
Compliance is ignored
Invoices are rarely checked for compliance issues - struck off PANs, incorrect GST, MSME,
e-invoice checks and more.
No central database
Invoices and vendor data is distributed, and often inaccessible when required for audits and future reference.
Unreliable OCR systems
Legacy OCR scanning only offers about 65% accuracy, reducing trust in the system and leaving invoices to be checked manually.
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The Problem Today
AP teams spend 100s of hours booking invoices
This is not only a waste of time and productivity, but many a times the invoice booking process has compliance loopholes, uses outdated technology and there is no central storage system for audit readiness and future reference.
Compliance is ignored
Invoices are rarely checked for compliance issues - struck off PANs, incorrect GST, MSME,
e-invoice checks and more.
No central database
Invoices and vendor data is distributed, and often inaccessible when required for audits and future reference.
Unreliable OCR systems
Legacy OCR scanning only offers about 65% accuracy, reducing trust in the system and leaving invoices to be checked manually.
Incorrect timing
Vendors incur cost during manufacturing, and procuring goods. But financing options only available post shipment.
Interest rates
PO based financing available in the market can be expensive, and often times can come with a collateral requirement.
Vendor competition
Lack of financing can result in fewer vendors competing for an order, which may affect your input costs.
Pre-shipment financing platform built for large Indian enterprises
Comprehensive Coverage
Cover suppliers across entire credit spectrum (including SMEs) with no credit profiles
Smaller companies may or may not have a credit profile. These SMEs are underserved, and hungry for credit to boost their businesses.
External Financing
Tap into 20+ lenders - banks and NBFCs to service your vendors
Leverage CashFlo’s comprehensive network of 20+ banks and NBFCs or deploy own capital at PO stage with risk protection from CashFlo.
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WhatsApp Based Flow
Increase vendor penetration by enabling 1-click discounting through WhatsApp
Increase awareness and usage rates by choosing a WhatsApp based, managed services flow with support in 10+ languages.
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Managed Service
Hands-on, dedicated managed services to ensure program success
Real value unlock through on-ground team to support buyers and vendors. CashFlo runs extensive program for vendor onboarding and training to use the platform.
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Understanding PO & GRN Financing & How It Impacts Your Business
PO & GRN financing enhances cash flow by providing immediate funds to businesses based on purchase orders or goods receipt notes. It plays a crucial role in financial supply chain management, ensuring smoother cash flow management and stronger supplier relationships. Supply chain finance companies offer these SME financing solutions, reducing reliance on traditional loans. This solution, a vital part of supply chain financing, allows businesses to improve their working capital and optimize payment terms. PO financing, GRN-based lending, and reverse factoring finance are increasingly important in financial and supply chain management, bridging gaps between suppliers and buyers effectively. Â
When You Should Implement PO & GRN Financing:
1. Cash Flow Gaps: Use PO and GRN financing to manage cash flow issues from delayed customer payments.
2. Supplier Payment Delays: Address tight cash flow and meet supplier demands with supply chain financing and flexible GRN terms.
3. Growth Opportunities: Accept larger orders and manage working capital effectively with PO financing.
4. Working Capital Flexibility: SME financing solutions help scale operations without financial strain.
5. Financial and Supply Chain Management: Integrate supply chain finance to streamline operations and enhance efficiency.
2. Supplier Payment Delays: Address tight cash flow and meet supplier demands with supply chain financing and flexible GRN terms.
3. Growth Opportunities: Accept larger orders and manage working capital effectively with PO financing.
4. Working Capital Flexibility: SME financing solutions help scale operations without financial strain.
5. Financial and Supply Chain Management: Integrate supply chain finance to streamline operations and enhance efficiency.
Benefits of PO & GRN FinancingÂ
Improved Cash Flow
Purchase order financing enhances cash flow management by providing immediate funds against purchase orders. This ensures better liquidity and smooth operations without financial strain.
Enhanced Credit Terms
With GRN-based lending and reverse factoring finance, businesses can negotiate more favorable credit terms. This helps optimize cash flow and aligns with the best practices in financial supply chain management.
Strengthened Supplier Partnerships
Timely payments enabled by supply chain financing improve relationships with suppliers. This fosters stronger partnerships and supports efficient finance and supply chain management.
Advanced Pre-Shipment Financing for Large Enterprises
1. Comprehensive Coverage: Covers suppliers across the credit spectrum, including SMEs with no profiles, leveraging purchase order financing for seamless cash flow and optimized financial supply chain management.
2. External Financing: Partner with 20+ lenders, including banks and NBFCs, offering vendors flexible supply chain financing, strengthening finance and supply chain management.
3. WhatsApp-Based Flow: Enable 1-click discounting through WhatsApp, simplifying reverse factoring finance and boosting vendor participation in supply chain financing.
4. Managed Services:Â Dedicated services ensure smooth financial chain management, optimizing GRN payment terms and driving program success.
2. External Financing: Partner with 20+ lenders, including banks and NBFCs, offering vendors flexible supply chain financing, strengthening finance and supply chain management.
3. WhatsApp-Based Flow: Enable 1-click discounting through WhatsApp, simplifying reverse factoring finance and boosting vendor participation in supply chain financing.
4. Managed Services:Â Dedicated services ensure smooth financial chain management, optimizing GRN payment terms and driving program success.
Factors You Should Consider While Choosing a PO & GRN Financing Tool
1. ERP Integration: Ensure the tool integrates seamlessly with your ERP system for efficient purchase order and GRN-based financing.
2. Financing Terms Flexibility: Look for tools with adaptable terms to match your cash flow needs and optimize reverse factoring.
3. Supplier Onboarding: Choose solutions that simplify supplier onboarding for smoother GRN payments and better relationships.
4. Fee Transparency: Option for tools with clear, upfront fees to avoid hidden costs and manage financial chains effectively.
2. Financing Terms Flexibility: Look for tools with adaptable terms to match your cash flow needs and optimize reverse factoring.
3. Supplier Onboarding: Choose solutions that simplify supplier onboarding for smoother GRN payments and better relationships.
4. Fee Transparency: Option for tools with clear, upfront fees to avoid hidden costs and manage financial chains effectively.
Top Providers of PO & GRN Financing Solutions in India
Cashflo stands out as a leading provider of PO and GRN financing solutions in India. It excels in offering purchase order financing and GRN-based lending, helping businesses manage cash flow efficiently. By integrating advanced financial supply chain management tools, Cashflo supports SME financing solutions and reverse factoring finance, enhancing working capital and supplier relationships. Its comprehensive approach to supply chain financing and finance and supply chain management ensures seamless operations and improved GRN payment terms. For robust support in managing finance chains and optimizing the value chain in banking, Cashflo is a top choice among supply chain finance companies.
Frequently Asked Questions
How does PO & GRN financing improve working capital?
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When should I implement PO & GRN financing?
What are the key modules in PO & GRN financing software?
What factors should I consider when choosing a PO & GRN financing tool?
How does Cashflo’s platform support large enterprises in pre-shipment financing?
How does PO & GRN financing help in supplier relationships?
What is the difference between PO financing and GRN-based lending?
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