Solution Provided
Facing the dual challenges of enhancing vendor relationships and optimizing its vendor base's access to capital, Zydus turned to CashFlo's vendor financing solution. CashFlo exhibited the highest level of vendor participation, effectively capitalizing on arbitrage opportunities, and efficiently discounting a substantial volume of invoices. By establishing an adept on-ground vendor onboarding team, CashFlo seamlessly integrated with Zydus, cultivating strong vendor relationships and facilitating platform adoption. Offering customized Value-Added Services (VAS) exclusively for Zydus' vendors, CashFlo went beyond conventional invoice discounting, extending financial guidance and support. This personalized approach positioned CashFlo as a valued partner to vendors. Introducing innovative practices like WhatsApp-based and pre-approval discounting for green channel vendors streamlined processes, expedited transactions, and simplified the discounting experience, leading to increased vendor participation. CashFlo successfully addressed Zydus' liquidity needs, empowering suppliers to rely on the platform for funding requirements and fostering a symbiotic relationship where vendors now actively seek more business opportunities.