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Payment Management

Enhance cash flow, minimize the time it takes to receive payments, and expedite customer transactions by providing the convenience of credit card or other non-check payment alternatives.

Streamline payment management, designed to meet the diverse needs of organizations, our payment management system offers flexible options for both sending and receiving payments. Experience the liberation from time-consuming manual transactions and reduce processing costs while enhancing cash flow. Embrace hassle-free payment acceptance from customers through credit cards, direct debit, or any of the various supported payment services. Simplify your outbound payments with convenient features like online bill payment, direct deposit, and other electronic funds transfer options. Whether you handle invoices, periodic credit card charges, or accept payments online or at the point of sale, our comprehensive banking payments and payment processing solutions provide the necessary tools to optimize your collections.

Enhance Efficiency

Eliminate the need for manual check printing and mailing, thereby saving valuable time and resources involved in invoice processing.

Optimize Cash Flow

Boost revenue collection and minimize sales days outstanding through direct debit.

Strengthen Supplier Relationships

Streamline communication and prevent disruptive supplier calls by promptly notifying them through automatic alerts when invoices are settled.

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Unified

Bringing data, technology & expertise together to transform your business and make future-ready.

Connected

Integrating different varieties of data to enhance transparency, insights, and transform digitally to capitalize on data and innovate without boundaries.

Interoperable

Reliable & Resilient – your platform & partner for digital transformation without limits.

Accuracy, Efficiency, and Trust

Experience a multitude of benefits that awaits

  • Streamline the payment of invoices through electronic funds transfer, resulting in faster processing times and cost savings by eliminating the need for printing and postage.
  • Effortlessly monitor the progress of vendor payments from start to completion.
  • Optimize cash flow by timing vendor payments to align with invoice due dates, ensuring funds are retained until necessary.
  • Mitigate the risk of payment fraud by implementing review-and-approval workflows that strictly adhere to authorization levels.
  • Foster stronger vendor relationships by proactively notifying them as soon as their invoice payment is made.
  • Maintain a comprehensive and up-to-date overview of available cash and enhance cash flow forecasting by tracking payment status from initiation to disbursement.
  • Make well-informed cash management decisions by monitoring real-time cash inflows and outflows.
  • Enhance efficiency and reduce errors by consolidating payment processes within a single system, eliminating duplicate data entry.
  • Seize early-payment discount opportunities by minimizing the time required to complete payments.

Prominent attributes to enhance your organization

Simplify and streamline your organization's complex processes with Nirmalya Enterprise Resource Planning, an all-in-one enterprise resource planning platform.

Payment Processing

Enhance your accounts receivables process with our cutting-edge integrated payment processing module. It offers flexible online and in-store payment options, seamlessly integrating with our unified nerp platform. No matter the channel, accept credit card payments conveniently online, over the phone, at the point of sale, or through other digital payment methods, while ensuring the utmost data security compliance. Experience the advantage of maintaining a 360-degree view of your customer transaction history, detailed audit tracking, and end-to-end visibility of payment events. With its single-platform approach, our module effortlessly handles credit card transactions and digital payments, all while leveraging a secure merchant profile for partner-certified communication with payment gateway services.

  • Explore a range of adaptable payment choices to ensure convenience and ease for your transactions.
  • Maintain utmost confidence in the safety of your data with our stringent compliance measures that meet industry standards.
  • Maximize efficiency and boost productivity effortlessly by leveraging the unified NERP platform, ensuring seamless operations throughout your business.
  • Gain a comprehensive overview of your business activities through improved visibility and reporting features, empowering you to make informed decisions.

Electronic Bank Files

Simplify and optimize your payment processes with electronic bank payments feature. By automating the creation of bank files for various electronic payment options, such as direct deposit, and customer refunds, it eliminates manual errors and enhances accuracy. It empowers finance team to generate multiple payment batches with diverse criteria, protocols, and due dates, allowing for tailored payment processing. With our flexible and rules-based payment aggregation capability, businesses gain robust control over their payments, minimizing the risk of fraud. For instance, predefined rules can limit the number of payments made to a single vendor or employee per day, ensuring compliance and security. Moreover, it facilitates automatic collections, enabling effortless settlement of outstanding invoices by directly withdrawing funds from customers' bank accounts.

  • Enhance your payment operations by streamlining the complexities involved.
  • Maximize the efficiency of aggregating your payments for increased effectiveness.
  • Bolster your security measures to effectively combat fraudulent activities.
  • Facilitate seamless settlement by automating collection procedures.

Approval and Notifications

Enhance the control and security of your payment operations with our automated approval routing feature. As errors and fraud remain constant risks in the financial landscape, our cutting-edge platform offers a reliable solution to fortify your transactions. Through its intelligent alert system, our platform ensures that approvers diligently review payment files before any transactions take place, reducing the possibility of errors or fraudulent activities. By integrating this advanced technology into your workflow, you can confidently navigate the payment landscape, effectively reducing risk and ensuring smooth, secure, and error-free transactions.

  • Enhanced transaction accuracy and perfection, fostering a sense of security for businesses and their valuable customers.
  • Prompt identification and alerting of suspicious or anomalous transactions, empowering businesses to swiftly react and avert possible financial setbacks.
  • Streamlined payment processes, eliminating the necessity for meticulous manual involvement in each stage.
  • Strengthened payment systems, guaranteeing utmost security for every transaction conducted.

Dashboard and Reports

Gain a competitive edge with dashboard and reports, equipped with a wealth of Key Performance Indicators (KPIs) essential for unlocking the full potential of your financial operations. Seamlessly monitor and analyse critical metrics such as sales volume, average transaction value, refund rate, chargeback rate, and conversion rate, allowing you to make strategic decisions based on real-time insights. Our comprehensive reports offer a 360-degree view of your financial landscape, enabling you to delve deep into sales trends, customer behaviour, and transaction patterns. Customize reports to cater to your unique business needs, empowering you to optimize strategies, identify growth opportunities, and elevate your financial performance.

  • Experience increased productivity and time savings through enhanced efficiency.
  • Make more informed decisions by gaining access to valuable insights that can be easily put into action.
  • Safeguard your business with the ability to detect and prevent fraudulent activities.
  • Identify and focus on your best-performing products or services for optimal results.

Resolving a wide range of challenges

Faster Payments

Enhance cash flow and expedite payment processing by offering customers an extensive selection of electronic payment options.

Processing Costs

Minimize expenses related to processing vendor invoices by eradicating the need for printing and mailing paper checks.

Business Management

Streamline the handling of both local and international payments through capabilities such as multicurrency and multi-format support.

Duplicate Data Entry

Prevent errors and delays by eliminating the manual process of logging into another system to charge customers' credit cards and updating accounting records separately.

Cash Monitoring

Achieve elevated cash management by effectively tracking real-time cash inflows and outflows, empowering informed decision-making.

Supplier Relations

Streamline communication and minimize supplier interruptions with the convenience of automatic notifications upon invoice payment.

We have significantly enhanced efficiency by centralizing, hosting, and making all our operations accessible in the cloud. Nirmalya Unified Platform has enabled us to support remote sales and customer service, offer an elevated level of service to our customers, and effectively manage our operations with real-time data.

Saroj Patro | CMD, Shoukeen Industries

Accelerated Value Realization

Our implementation strategy is designed to ensure that your business operations undergo a swift and seamless transformation, resulting in faster time to value. Our experienced consultants utilize a structured approach that combines extensive industry knowledge with the latest implementation techniques. This enables you to expedite the deployment of our powerful solution and experience a rapid return on investment.

Through our streamlined process, you can optimize productivity and streamline business processes with minimal disruption. We have consolidated the expertise gained from global deployments into a set of leading practices, providing a clear path to success and delivering rapid business value.

With Nirmalya, you can confidently expect to go live within a predictable timeframe through smart, stepped implementations.

How much does it cost?

Nirmalya offers its services to companies of all sizes, including startups, fast-growing businesses, medium-sized enterprises, large corporations, and non-profit organizations. We assist these companies in streamlining their operational capabilities without the need for significant capital and operational expenditures. By eliminating the burden of maintaining an Enterprise Resource Planning system, which typically involves investments in manpower, hardware, and software, we help companies focus on their core activities.

Our collaboration with companies involves an initial setup fee for implementation, followed by an annual license fee based on the modules chosen by the customer for implementation. As businesses expand, customers have the flexibility to incorporate new modules as needed.

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