Tag: Financial Management

SystemSePay | SystemXs.ai Debuts at Global Fintech Festival

Mumbai, India – 3rd  Sep 2024: SystemSePay | SystemXs.ai Debuts at Global Fintech Festival GFF-2024, Ushering in a New Era of B2B Invoice-Based Payment Systems.

SystemSePay, an innovative and fully interoperable invoice-based payments system, was officially showcased at the prestigious Global Fintech Festival (GFF) 2024. The product showcase event was officiated by Mr. Sunil Ghumatkar, Managing Director; Mr. Vishal Shetty, Director of Product Development; and Mr. Gopal Rohra, Director of Technology.

SystemSePay is set to transform the B2B payments landscape with its comprehensive suite of features, specifically designed to streamline and automate business transactions. The platform enables businesses to seamlessly onboard as buyers or sellers, generate unique B2B IDs, and efficiently manage invoices. From raising, sending, and receiving invoices to processing them directly within the system, businesses can now optimize their transactions for greater efficiency. The platform also empowers users to accept or reject invoices, receive acknowledgments, and send automated payment reminders, ensuring that settlements are timely and accurate.

Additionally, SystemSePay offers diverse payment options, including UPI, net banking, and cards, to meet the varied needs of businesses across industries. The platform also supports invoice discounting in the next phase of its launch, providing opportunities for businesses to benefit from early payment discounts, which can enhance cash flow and financial planning. To further improve financial management, SystemSePay includes functionalities for downloading payment receipts, automating accounting entries, and streamlining bank reconciliation and settlement processes.

As a Participating Agent Institution under NPCI-Bharat Bill Payment Limited (NBBL), with Axis Bank as its operating unit, SystemSePay stands as an interoperable invoice-based payments platform uniquely positioned to facilitate fully connected B2B transactions across multiple banking systems. This platform acts as a crucial link in the digital payments infrastructure, enabling businesses to conduct transactions with unprecedented ease and security.

During the event, it was emphasized that “SystemSePay is more than just a payment platform; it represents a groundbreaking leap in the digital transformation of India’s B2B sector. By streamlining complex transactions and equipping businesses with the tools they need to thrive, SystemSePay is poised to reshape the business landscape across the country. It offers unparalleled efficiency and opens up vast growth opportunities for businesses nationwide.”

“#AbbIndiaBolegaSystemSePayKaro!”

Proven Optics Leveraging ServiceNow Portal on Financial Management Applications

Today, Proven Optics LLC, a practitioner-founded software and Financial Management services company, is excited to announce that the Proven Optics Financial Management Application Suite has an updated user interface leveraging the ServiceNow portal. This update to their Built on Now applications creates an easier self-service user experience for customers and yields a faster adoption process. Additionally, it’s interaction with the Now platform allows customers to access specific platform features.

In October of 2020, Proven Optics released their Financial Management Application Suite on the ServiceNow store and became certified as part of the ServiceNow Built on Now Program. This program is designed to recognize partners with proven ServiceNow expertise that creates value for customers across various industries. The Application Suite combines the platform native capabilities with over twenty years of IT Financial Management (ITFM) practitioner experience to bring a modern approach to financial management for Enterprise and Public Sector organizations. The new portal functionality allows customers to access these applications in a unified, intuitive way. Proven Optics is excited to continue creating a more efficient and exciting user experience for all of their customers.

“We are continually looking for ways to better improve customer experience and usability. The new portal interface takes our applications to the next level of ITFM software,” said Ben Perkins, Co-Founder and CRO of Proven Optics.

You can find the Proven Optics Financial Management Application Suite on the ServiceNow store today.

Proven Optics is a software and services company that focuses on one thing: Financial Management. We help clients in both IT and Finance organizations implement financial management toolsets on SaaS platforms that leverage our 20+ years of practitioner experience and 100+ Commercial & Federal implementations. Our solutions enable financial management modernization to provide IT & Finance leaders with the necessary analytics and insights to make better business decisions.