Supplier FAQs

Users can access the platform 24*7 as per their convenience
  • Bidding session shall be available on Monday, Wednesday and 1st and 3rd Friday subject to holidays till 2 pm
  • Yes, you will be notified through your registered email ID about early payment offers along with the summary of the invoices as soon as they are uploaded on platform
  • Offers shall be available for bidding up to 2 pm on bidding days
  • After 2 pm the offers shall expire. However, Buyer at their discretion can reupload the same offers during next bidding session
  • Offers shall be available for bidding up to 2 pm on bidding days
  • After 2 pm the offers shall expire. However, Buyer at their discretion can reupload the same offers during next bidding session
  • Bidding process is as follows:
    • You can choose the invoices of your preference
    • The invoices will first be adjusted against any outstanding Debit notes
    • The net amount of invoices chosen will be seen at the top of the table
    • You can then enter your bid and click submit
    • Upon submit, if the bids meet minimum qualification criteria, you will be shown summary of bid
    • Upon confirmation the bid is place and shared with the corporate
  • The bid acceptance is completely based on demand of the early payment offers
  • You can improve your chances of acceptance by quoting as high a bid as possible to you
  • The funds shall be settled on T+1 basis ( the next working day after the bid acceptance)
  • You can access the settlement information of accepted bids on Cashinvoice platform
  • Also along with the payment you will receive a payment advice which will capture the details such as debit notes, invoices any other deductions etc
  • The bid once placed cannot be canceled
  • In case of non-acceptance by Buyer the bids will be automatically canceled at the end of day