Corporate treasurers and CFOs are viewing cash as a growing feature on their balance sheet and are looking to minimize risk, optimize returns, and make the most out of this asset. What if there was a risk-free financial instrument at their disposal that provided superior returns compared to the traditional instruments such as US Treasury bills? What if the funding of their own trade payables for early payments can yield significantly higher returns, risk-free?
Because corporations are not incented to pay trade creditors faster and are therefore holding on to cash longer, vendors are getting squeezed. Most vendors, who do not have access to multiple working capital financing sources, are interested in a simpler and competitive financing process for their receivables. What if they can offer an incentive to their customers for making early payments on invoices?
Enter Aanukaa…
Aanukaa enables big corporations to dramatically improve returns on short-term cash by providing a platform that facilitates dynamic invoice discounting with their vendor base. Either by approving invoice discount request from the buyer or by initiating early payment discounts, vendors too benefit from the aanukaa platform with improved cash flow at lower financing rates.