The client is a fintech company, with an innovative structure to deliver a premium supply chain finance solution to buyers and their suppliers. Brainvire's team increased coordination between vendors and anchor companies by developing a multi-tenant ERP solution. They simplify the way buyers and sellers manage their payables and receivables by setting up a seamless, secure and intelligent supply chain financing program.
The client wanted to develop a Vendor Management System with two users, the Anchor Company and Vendors. We created a platform providing a working capital solution to maximize income for buyers and award early payment to suppliers. In this Microsoft based ERP application, the vendors will be allowed to provide discounts against their invoices to the anchor companies who will have the authority to accept or reject the discounted amount.
The client also wanted simplicity in data analysis. The platform makes the supervision of the transactions, invoices, and data analytics hassle-free. The application also quickens the process of choosing the invoice and discount calculation. This helps in the micro-management of transactions. We made the registration process quick with the necessary details only. There will be no cumbersome form filling for coming on board with the client.
"When dealing with multiple suppliers and vendors, a multi-user ERP system becomes important to improve data transparency and exchange. This vendor management system will ease data accessibility, invoicing, and transaction for both buyers and sellers," said Mr. Chintan Shah, CEO of Brainvire Infotech.
Brainvire's development consultants also ensured better security of data by implementing tokenizing on each login of users, Google-captcha, and encryption of data. They added financial calculators to help in performing tax, interest-rate, and regression calculations.
Developing solutions with innovation, usability, and efficiency, Brainvire is one of the top IT consulting firms. With over 19 years of experience and more than 550 employee strength, it strives to create a difference in the society through technology. Having delivered over 1500 projects to its clientele spread globally, it has endured a 95% customer retention rate. Brainvire offers exclusive consultancy services such as Business Intelligence, Digital Marketing, Cloud ERP, CRM for E-commerce, etc. for diverse industry verticals while keeping customer satisfaction as its top priority.
It has earned many accolades such as 'Top IT Services Firm 2020', 'Top Mobile App Developers 2020', and 'Top E-commerce Developers 2020' by Clutch.