Technology adoption + early payments = cost savings and increased margins for vendors. TAPARIA IMPEX PRIVATE LIMITED, a supplier of apparel to top retail brands, swears by this. They realized these benefits after leveraging Bizongo's PartnerHub platform and receiving early payments through its vendor financing solution.
PartnerHub - Procurement digitized
PartnerHub facilitated digitization of all documents and paperwork, automated PO acceptance, and e-invoice management, replacing manual and offline coordination with multiple stakeholders that delayed payments a lot.
The tech-led working capital management solution that Bizongo executed for Taparia Impex resulted in the following benefits in a short span of four months.
Watch Govinda Taparia, CEO, Taparia Impex share his success story with us here.