Growthfile not only reduces the need for manual mediation of procure-to-pay process, it brings down the time, effort and cost of managing accounts payable with its GST based B2B wallet.
Growthfile’s GST based B2B wallet makes it much easier to pay against invoices and track them. This allows you to scale up your vendor network without a matching increment in resources dedicated to AP processing.
Our payment network comes with built-in GST and TDS compliance for the ease of your accounts department. It cuts tedium while reducing vulnerability to adverse audits.
Growthfile makes e-procurement possible with all vendors, regardless of their digital status. You can now procure goods & services online hassle-free from any vendor without worrying about quality or delivery. Request quotes, put out bids, select suppliers and track delivery – all at the click of a button.
Our solution doesn’t require you to replace or make costly changes to existing software. All it takes is a simple file transfer to solve all your payment problems.
With Growthfile your finance team can increase accuracy, avoid costly errors, minimize risk and focus on driving key metrics without wasting time on manual transactions and uploads.
Vendor payments the old way
Manual communication for Purchase Order/ Quote submission process
Management overhead due to poor vendor systems
Physical invoices with manual posting into ERP
Manual account reconciliation
Collaborating with partners the old way
Vendor payments the Growthfile way
Submit POs & receive quotes directly online and select vendors
GST based vendor portal allows for easy tracking & management
Vendors can generate GST-compliant automated invoices that are directly posted into your ERP
Automatic account reconciliation