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EVONEX

Channel Financing

Our Channel/Distributor Financing software simplifies working capital management for manufacturers while providing distributors with flexible credit terms. By automating invoice financing, integrating with banking systems, and offering real-time tracking, it ensures smooth cash flow and risk mitigation for all parties involved.

Stakeholder Management

  • Manufacturer, Distributor, and Bank Onboarding:

Digital KYC and credit assessment for all parties.

  • Role-based Access Control:

Different permissions for manufacturers, distributors, and financiers.

  • Credit Limit Allocation:

Pre-approved credit limits for distributors based on their financial health.

  • Bank Guarantee Handling:

The manufacturer provides a bank guarantee to secure financing.

  • Customizable Risk Rules:

Credit & Risk Management

Credit evaluation based on sales volume, repayment history, and distributor profile.

Invoice & Inventory Management

  • Automated Invoice Processing:

Invoices are generated when inventory is shipped to distributors.

  • ERP Integration:

Fetches invoice and stock details directly from manufacturers’ ERP systems.

  • Real-time Inventory Tracking:

Tracks stock movement and pending payments.

  • Immediate Payment to Manufacturer:

The financing bank pays the manufacturer on Day 1

  • Flexible Repayment Terms for Distributors:

Payment due in 15/30/45 days as per agreed terms.

  • Partial & Full Disbursement Options:

Banks can finance the full invoice or a portion of it.

Financing & Disbursement Workflow

Loan Repayment & Reconciliation

  • Automated Due Date Tracking:

System notifies distributors of upcoming payments.

  • Real-time Payment Reconciliation:

Matches distributor payments with financed invoices.

  • Penalty & Interest Calculation:

Configurable late payment penalties and interest rates.

  • Secure Bank Guarantee Management:

Tracks validity, expiration, and renewal of guarantees.

  • Digital Contract Storage:

Stores financing agreements, invoices, and repayment schedules.

  • Regulatory Compliance:

Ensures adherence to banking norms and credit policies.

Document Management & Compliance

Reporting & Analytics

  • Distributor-wise Outstanding Balances:

Tracks pending payments and due dates.

  • Credit Utilization Reports:

Shows how much of the distributor’s credit limit is used.

  • Banking APIs for Fund Transfers:

Enables seamless transactions between banks and manufacturers.

  • ERP & Accounting Systems:

Syncs with financial records for reconciliation.

  • Credit Bureau & Risk Monitoring Services:

Tracks distributor creditworthiness and repayment behaviour.

Third-Party Integrations

Security & Access Control

  • Role-Based Access:

Ensures secure handling of financing transactions.

  • Data Encryption & Secure Transactions:

Protects sensitive financial data.

  • Audit Trails & Logs:

Tracks all activities for compliance and transparency.