VNDZY

VNDZY, developed by IBSFINtech, is a supply chain finance solution designed to optimize financial processes for corporations of all sizes. This software caters to various professions and industries, including corporate treasury, trade finance, supply chain management, financial institutions, and manufacturing and distribution sectors. According to the vendor, VNDZY aims to enhance efficiency, mitigate risks, and optimize financial outcomes in the supply chain finance process.

Key Features

Vendor Onboarding: According to the vendor, VNDZY streamlines the onboarding process for multiple vendors, automates vendor credibility validation, and reduces the time and effort required for vendor onboarding.

Risk Monitoring: VNDZY provides automated risk monitoring of vendors, helping to identify potential fraud and mitigate risks to enhance the overall security of the supply chain finance process.

Invoice & Payment Management: The vendor claims that VNDZY digitizes the invoice and payment management process, providing visibility on payment dates for suppliers and reducing manual communication and follow-ups for payment release.

Integration with ERP & Supply Chain Financing Products: VNDZY enables seamless integration between ERP systems and supply chain financing products, aiming to improve data accuracy and efficiency in the supply chain finance process and enhance collaboration and information sharing between different teams within the organization.

Working Capital Optimization: According to the vendor, VNDZY helps corporations optimize their working capital, aiming to improve key performance indicators related to trade debt treatments and generate positive effects on the P&L statement.

Liquidity Management: VNDZY assists in maintaining liquidity for business sustainability, aiming to provide stability in the supply chain by ensuring timely payments to suppliers and safeguarding key suppliers to enhance the quality of the supply chain.

Exclusive Portal Access for Suppliers: VNDZY offers suppliers exclusive portal access for easy management of invoices and payments, providing access to financing without utilizing their own limits, and aiming to improve payment security and reduce risk for suppliers.

Attractive Financing Conditions: According to the vendor, VNDZY enables suppliers to access financing at better and more attractive conditions, aiming to help improve key performance indicators related to off-balance sheet financing and enhance credit capacity with buyers to accept larger orders.

SaaS Solution for Supply Chain Finance: VNDZY is a Software-as-a-Service (SaaS) solution that, according to the vendor, facilitates both corporations and suppliers in the supply chain finance ecosystem, aiming to simplify and transform the supply chain finance process.