Development of a Digital Invoice Discounting and Settlement Platform

The client faces difficulties with delayed invoice payments, risk of blocked access to funds, and the need for flexible payment and settlement options, especially for high-value transactions. These issues hinder liquidity, slow down operational growth, and increase financial risk within their supply chain processes.

A mid to large-sized enterprise specializing in supply chain finance, seeking to optimize invoice payments and cash flow management for B2B transactions.

• Develop a web-based platform to streamline invoice management, enabling early payments and flexible settlement terms.
• Implement features allowing buyers to submit customized repayment offers based on various terms, reducing payment delays.
• Ensure timely payment to suppliers, improving cash flow and operational stability.
• Deliver a secure, fast, and user-friendly system within a 4-month development cycle.
• Enhance transactional transparency and financial control for both buyers and sellers.
• Support integration with external financial and data sources to automate and accelerate invoice processing.

• Creation of offer templates reflecting different financial rules for various invoice categories.
• Automated matching of invoices against offer templates utilizing integrated OCR technology for fast data extraction.
• Ability for buyers to select from multiple pre-approved offer variants and negotiate repayment terms.
• Secure user authentication and authorization mechanisms to ensure data integrity and privacy.
• Integration with external business information databases for contractor validation.
• Responsive web interface accessible across devices for ease of use.

• OCR system for extracting invoice data from scanned documents
• External financial data sources for contractor information
• Authentication and identity management services
• Payment gateways and financial institutions for settlement processing

• System scalability to handle increasing transaction volumes without performance degradation
• High security standards compliant with financial data regulations
• Minimal system latency to enable real-time invoice matching and offer processing
• Cross-platform responsiveness for accessibility on desktops, tablets, and smartphones
• Availability of 99.9% uptime to support continuous business operations

The implementation of this platform is expected to enable early payments to suppliers, reducing liquidity constraints and improving cash flow management. Buyers will benefit from flexible settlement options, potentially increasing transactional volume and satisfaction. Overall, the system aims to strengthen financial efficiency, reduce payment delays, and support scalable growth within the client's operational ecosystem.