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Apollo Microsystems

CustomerSpeak | Apollo Microsystems: Destroying Inefficiencies with Bizongo

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We are delighted to share one of our customer success stories from India's niche yet very potent defense sector.

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Apollo Microsystems is a 38-year-old publicly-listed company that manufactures weapon system boards for the Government of India and private agencies.

๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ ๐ญ๐ก๐ž๐ฒ ๐Ÿ๐š๐œ๐ž๐:

In a complex industry with extensive procurement requirements and manual processes, efficient procurement and availability of liquid funds have always been a challenge for Apollo Microsystems.

They struggled to manage their cash flows due to long process cycles for raw materials, production, cross-inspection, and post-delivery inspection.

Owing to these long inspection cycles, they were getting paid after a long gap of more than 180 days from the date of delivery to DRDO and other agencies. It was crucial for them to streamline their supply-side transactions with on-time payments to vendors.

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Apollo Microsystems stock price

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benefits of Bizongo's tech platform

๐‡๐จ๐ฐ ๐ฐ๐ž ๐ก๐ž๐ฅ๐ฉ๐ž๐:

Bizongo's single unified vendor digitization platform eased Apollo Microsystems' difficulties by automating vendor processes such as PO, invoicing, scheduling, etc. We also provided them access to supply chain financing from a network of financial institutions integrated on the platform. Apollo ensured that their vendors were onboarded on the platform to facilitate early payments to them, making their working capital stronger in a cost-effective way.

Additionally, with everything digital, Apollo saw their supply chain getting optimized for cost savings and profitability.

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Watch Mr. Addepalli Krishna Sai Kumar (Director of Operations) and Mr. Sri Sailam (Purchase Head) explaining the change Bizongo brought to their business.

๐˜๐จ๐ฎ๐ซ ๐–๐ข๐ง๐๐จ๐ฐ ๐ญ๐จ ๐†๐ซ๐จ๐ฐ๐ญ๐ก:

Do you want to gain 100% control over your supply chain by digitizing your vendors and transforming how they serve you through quick access to our financial institution network, enabling hassle-free vendor payments?

Don't wait!! Get in touch now.

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