Why Vayana
- Increase the pool of SME’s that can be financed without compromising credit standards
- Ensure that the trade transactions between corporate and SME are genuine
- Be an essential part of the customer’s supply chain rather than just a financing partner
- Maintain tight operational risk control on all financing
- Provide corporate customers the benefit of integrating all commercial document data into their ERP
Banks, Factors and other Financial Institutions can now roll out a transaction based working capital financing program to SME’s with no investment in infrastructure or operations.
SME's can access cheaper institutional financing without the investment in IT or new processes.
Corporates can forecast their receivables and payables with accuracy and also integrate all transactions to their ERP.
There are just 3 simple steps to be part of the Vayana Network:
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Qualify We market the program to Corporates and SMEs along with the financial institutions. We work with the corporate and SME to ensure expedited availability of all necessary documents, conforming to the credit policies of the funding institution. |
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Get On-board We integrate to the financial and accounting systems of the financial institution, corporate and SME ensuring minimal change to existing commercial processes. All parties receive electronic commercial documents along with data. |
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Transact We closely work with the buyers and sellers and ensure smooth flow of commercial documents and their acceptances. We provide daily reconciliation and settlement information to all parties. The funding institution can focus on credit process and cross-sell opportunities to the SME base without worrying about operations or infrastructure. |
For a corporate and SME, we usually take no more than couple of days to start the program.
Blog
Vayana Blog » Vayana Services
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The great SME Financing Conundrum
Banks want to lend to SME’s. In fact research shows that the ROI on credit to SME’s is far better than retail or corporate credit. However Banks are unable to achieve scale in this simply because they are unable to...
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The need to involve SME’s in a Supply Chain Finance (SCF) Program
It is a little ironic that while SCF programs are targeted towards providing funding for SME’s, in most cases, SME’s do not play an active role in the program. Most current SCF programs are characterized by Banks directly disbursing the...