Doorstep International is at the forefront of revolutionizing the supply chain finance ecosystem. As a leading provider of software and consulting services for digital supply chain finance, Doorstep leverages cutting-edge technology to enhance financial supply chains and, consequently, the resilience of physical supply chains.
The Need for a Stronger Financial Supply Chain
In today’s rapidly evolving business environment, a robust financial supply chain is paramount for maintaining a resilient physical supply chain. Companies are increasingly recognizing the importance of efficient financial operations to support their logistical and production processes. Doorstep addresses this need by providing liquidity for small and medium enterprises (SMEs) and enabling cross-border trade finance for businesses of all sizes. By integrating advanced digital technologies, Doorstep ensures transparency, security, and efficiency in supply chain finance operations.
A Holistic Digital Supply Chain Finance Platform
Doorstep has developed a holistic digital supply chain finance platform designed to cater to the diverse needs of corporates, their supply chain partners, and financiers. This platform is built to address both the payable and receivable finance requirements of businesses, ensuring comprehensive support throughout the supply chain.
Comprehensive Suite of Supply Chain Products
Doorstep offers a complete suite of supply chain finance products, tailored to meet the specific needs of corporates and their partners. These products include:
– Factoring and Reverse Factoring: Providing immediate cash flow solutions by purchasing receivables and offering financing against payables.
– Vendor and Dealer Finance: Supporting suppliers and dealers with accessible financing options.
– Sales to Purchase Invoice Finance: Ensuring liquidity by financing sales invoices and purchase orders.
– Dynamic Discounting: Offering flexible payment terms and discounts to improve cash flow management.
Partnership with Financiers
Doorstep is forging partnerships, creating a vast network of financial institutions ready to support the diverse needs of corporates and their supply chain partners. This extensive roster allows businesses to choose from a wide range of financing options, ensuring they find the best fit for their specific requirements.
Addressing Comprehensive Supply Chain Needs
Unlike many options in the fintech space that focus solely on either the payable or receivable side, Doorstep’s platform addresses all aspects of supply chain finance. This includes both domestic and cross-border transactions, providing a unified solution for corporates across multiple financiers. By working closely with treasury, finance, procurement, and sales teams, Doorstep aims to improve liquidity management, lower the cost of capital, and mitigate supply chain disruption risks.
Digital Transformation and Technology Integration
Doorstep is leveraging state-of-the-art technologies to ensure transparency, security, and efficiency in supply chain finance operations:
– Blockchain: Utilized to guarantee the transparency and security of transactions, ensuring that all financial activities are traceable and immutable.
– Artificial Intelligence (AI) and Machine Learning (ML): Deployed to facilitate better decision-making through predictive analytics and data-driven insights.
– Internet of Things (IoT): Enables real-time tracking of goods and inventory, providing end-to-end visibility and enhancing supply chain management.
Increased Adoption of E-Invoicing
Doorstep promotes the widespread adoption of e-invoicing to streamline financial operations and facilitate cross-border trade:
– Improved Cash Flow Management: Faster invoice processing and quicker access to working capital ensure that businesses maintain healthy cash flows.
– Standardized E-Invoicing: Reduces errors and inefficiencies in international trade by adhering to standardized invoicing protocols.
Focus on Sustainability and Green Finance
Doorstep is committed to sustainability and green finance, integrating environmental, social, and governance (ESG) criteria into supply chain finance decisions:
– ESG Integration: Emphasizes responsible and sustainable business practices by incorporating ESG criteria into financing decisions.
– Sustainable Supplier Financing: Offers favorable financing terms to suppliers who demonstrate environmental responsibility and sustainability.
– Carbon Footprint Reduction: Supports financing products aimed at reducing carbon emissions, contributing to a greener planet.
Embedded Finance
– Streamlined Processes: Improves cost efficiency by eliminating unnecessary intermediaries and automating financial operations such as payment integration, lending and credit, banking services, insurance and investment services from the same platform.
– Data-Driven Insights: Provides accurate and personalized financial solutions through advanced data analytics, ensuring that businesses receive tailored support.
Enhanced User Experience and Accessibility
Doorstep prioritizes user experience and accessibility, ensuring that its platform is user-friendly and widely accessible:
– Mobile Accessibility: Offers on-the-go access to supply chain finance, allowing users to manage their finances from anywhere.
– Seamless Integration: Ensures compatibility with essential ERP and accounting systems, facilitating smooth and efficient operations.
– Customer Support and Training: Provides continuous support through chatbots and 24/7 assistance, ensuring that users receive timely help and guidance.
Digital Onboarding and Automated Processes
Doorstep’s platform is designed for seamless digital onboarding and automated processes, making it easy for businesses to integrate and benefit from its services:
– 100% Digital Onboarding: The platform enables complete digital onboarding, including online legal agreement generation and franking, ensuring a hassle-free start for new users.
– Automated Documentation: Facilitates the digital generation and signature of standardized post-sanction documents, such as financiers’ facility agreements, streamlining administrative processes.
Digital Credit Assessment
The in-house credit assessment engine assists financiers in evaluating the creditworthiness of dealers and vendors quickly and accurately:
– Credit Assessment Engine: Uses various pre-sanction documents like bank statements, GST, and bureau data to provide a comprehensive credit assessment.
– Quick and Accurate Evaluations: Ensures that credit assessments are conducted swiftly and accurately, reducing the time taken to approve financing.
End-to-End Data Integration
Doorstep’s platform integrates seamlessly with all participants in the supply chain, ensuring an automated flow of transaction data:
– ERP Integration: Connects with the ERP systems of corporates, enabling smooth data transfer and reducing manual intervention.
– Automated Data Flow: Ensures that transaction data flows seamlessly from the corporate’s ERP to the platform and respective financiers, and back.
Digital Account Statements and Dashboards
Doorstep provides digital account statements and dashboards to help businesses monitor and manage their finances effectively:
– Real-Time Statements: Generates digital statements of accounts in real-time, allowing businesses to keep track of their financial status.
– Comprehensive Dashboards: Offers detailed dashboards that provide insights into loan outstanding and cash flow planning, helping businesses make informed decisions.
Dedicated Relationship Management
Doorstep ensures personalized support through dedicated relationship management teams for all platform participants:
– Corporate Support: Provides tailored assistance to corporates, ensuring that their specific needs are met.
– Supply Chain Partner Support: Offers dedicated support to supply chain partners, helping them navigate the platform and maximize its benefits.
– Financier Support: Assists financiers in expanding their supply chain finance book and accessing new opportunities.
Consulting Services for Digital Supply Chain Finance
In addition to its software solutions, Doorstep offers comprehensive consulting services to help businesses optimize their supply chain finance operations:
Strategic Advisory
Doorstep’s strategic advisory services provide businesses with expert guidance on improving their supply chain finance strategies:
– Financial Supply Chain Optimization: Helps businesses identify areas for improvement and implement effective strategies to enhance their financial supply chain.
– Liquidity Management: Advises on best practices for managing liquidity and ensuring a healthy cash flow.
– Risk Mitigation: Provides insights on managing supply chain disruption risks and implementing robust risk management practices.
Technology Integration Consulting
Doorstep assists businesses in integrating advanced technologies into their supply chain finance operations:
– Blockchain Implementation: Guides businesses on how to implement blockchain technology to enhance transparency and security.
– AI and ML Deployment: Provides expertise on leveraging AI and ML for better decision-making and predictive analytics.
– IoT Integration: Advises on integrating IoT for real-time tracking and improved supply chain visibility.
Sustainability Consulting
Doorstep supports businesses in adopting sustainable practices and integrating ESG criteria into their supply chain finance decisions:
– ESG Strategy Development: Helps businesses develop and implement effective ESG strategies.
– Sustainable Financing Solutions: Provides guidance on offering favorable financing terms to environmentally responsible suppliers.
– Carbon Footprint Reduction Initiatives: Advises on financing products aimed at reducing carbon emissions.
Process Optimization
Doorstep’s process optimization services focus on streamlining supply chain finance operations and improving efficiency:
– Embedded Finance Solutions: Assists businesses in integrating embedded finance solutions to enhance cost efficiency and eliminate unnecessary intermediaries.
– Data Analytics and Insights: Provides data-driven insights to help businesses make informed decisions and optimize their financial operations.
Training and Support
Doorstep offers comprehensive training and support services to ensure that businesses and their partners can effectively use the platform:
– User Training Programs: Provides training sessions to help users understand and utilize the platform’s features.
– 24/7 Customer Support: Offers round-the-clock assistance through chatbots and dedicated support teams, ensuring that users receive timely help.
Doorstep International is dedicated to transforming supply chain finance through innovative software and consulting services.
By leveraging advanced technologies, promoting sustainability, and offering comprehensive support, Doorstep helps businesses enhance their financial supply chains and achieve greater resilience.
Whether through digital onboarding, automated processes, or tailored consulting services, Doorstep is committed to delivering exceptional value to its clients and partners.
Embrace the future of supply chain finance with Doorstep International and experience the benefits of a truly integrated and efficient financial ecosystem.