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INDUSTRY SOLUTIONS
Payment Infrastructure for
Manufacturing
Automate vendor payment workflows and streamline payment reconciliation. Built for manufacturing and trading businesses managing complex B2B payment operations through secure payment technology.
The Challenge
Problems We Solve
Vendor Payment Confusion
Incoming payments from multiple vendors land in shared accounts without clear identification, creating reconciliation nightmares
Invoice-Payment Mismatch
Matching partial payments, advance payments, and credit note adjustments against purchase orders is slow and error-prone
Delayed Supplier Settlements
Manual bank transfers with multi-level approvals delay supplier payments, straining vendor relationships and supply continuity
GST Reconciliation Burden
Matching GSTR-2A with purchase data and ensuring ITC claims across hundreds of vendors requires massive manual effort
The Paywize Advantage
How We Solve It for Manufacturing & Trading
Auto-identification
Vendor-Mapped Virtual Accounts
Assign unique virtual accounts to each vendor for automated identification of incoming payments through licensed banking partners, eliminating manual bank statement matching
AI-powered matching
Invoice-Linked Reconciliation
Automatically match incoming payments to invoices, handle partial payments, and flag discrepancies with AI-powered matching
Auto-TDS deduction
Bulk Supplier Payouts
Automate vendor payout workflows with multi-level approval processes, auto-TDS deduction, and NEFT/RTGS payment instructions through licensed banking partners
Maximise ITC claims
GST Auto-Reconciliation
Automatically reconcile GSTR-2A data with your purchase records to maximise ITC claims and flag mismatches before filing
Results
Measurable Impact
< 1 Day
Vendor Onboarding
99%+
Payment Reconciliation Accuracy
60% less
Processing Cost
100%
Compliance Score
Ready to Transform Manufacturing & Trading Payments?
Get started with Paywize in minutes. Our APIs are designed for fast integration with dedicated support for your industry.