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Axis Bank Launches One-stop Cash Management Proposition to Automate Receivables | ||
Mumbai, Maharashtra, India
Axis Bank becomes the first Indian bank to launch Axis Receivables Suite (ARS)-an innovative Cash Management proposition that simplifies Receivables reconciliation, accelerates cash flow, enhances client experience and reduces cost of doing business. ARS is an end-to-end proposition, along with a mobile app to automate reconciliation of receivables against sales invoices raised by clients.
Using ARS, Axis Bank clients can customize and automate fully what has traditionally been a very time consuming, costly, manual and error-prone activity. Clients also benefit from knowing their upcoming/pending payments and gives them real-time control over all their receivables.
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