Buyer Initiated Payments to Suppliers (BIPSTM)
Buyer – led Financing Program
Access finance at lower than market rates
Grow your business
Better manage working capital
Reduce risk
Buyer Initiated Payments to Suppliers (BIPSTM)
Buyer – led Financing Program
Access finance at lower than market rates
Grow your business
Better manage working capital
Reduce risk
How BIPSTM Works
Step 1
Supplier uploads invoice
Step 2
Buyer approves invoice
Step 3
Factor disburses funds to Supplier as per pre-approved rate
Step 4
Buyer pays Factor on due date
Focus on growing your business
Vayana Network works with Buyers and their Suppliers base to structure incentives for early payment or term extensions on their receivables. The complete process from invoicing to financing to tracking Buyer payments is digital and integrated with existing accounting/ERP solutions.
Benefits for Suppliers
Leverage Buyer’s credit profile
Get financed at the most competitive rates
Zero mail float, no legal costs, no collateral
Better DSO metrics, faster sales realisation
Reduce debt
Costs rolled into early payment discounts
Automated invoice to payment reconciliation
Benefits for Buyers
Get early payment discounts from Supplier
Lower DPO, without additional debt
No direct interest costs
Electronic invoicing and data integration
Automated invoice to payment reconciliation
Reduce Supplier queries
Deepen relationships with Supplier
Get better procurement terms
Benefits for Factors
Expand business through access to Buyers and their Suppliers on a single platform
Reduce risk by financing only Buyer approved invoices
Reduce operational costs by collecting from the large Buyer instead of the smaller Suppliers
Reduce customer acquisition costs
Increase utilization as Vayana Network will actively market the program to all counterparties
Get daily settlement information
The Vayana Network Advantage
Meet the BIPSTM Experts
Kannan Ramasamy
Executive Chairman - US
Raghu Ramakrishnan
EVP - International Product & Ops Head
Our Affiliations
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