Yes Bank and IBSFINtech have tied up to explore untapped opportunities associated with digitisation of corporate finance. This partnership is likely to empower the corporate finance with IBSFINtech’s strong decision-making tool and automated workflows supported by Yes Bank’s seamless bank connectivity.

The collaboration will provide connectivity between corporate’s ERP (Enterprise Resource Planning) and bank’s solutions. Both the bank and the TreasuryTech enterprise have plans to tap the opportunities available in the market and reach out to wider consumer base through mutually inclusive go-to-market strategies. 

IBSFINtech is an Indian enterprise TreasuryTech company providing end-to-end digitisation & automation solutions for corporates. Its TreasuryTech platform is integrated with the internal IT ecosystem of corporates. With this partnership, the platform enables an end-to-end connected ecosystem for corporates and the bank. It will ensure paperless communication between the Bank and corporates across the function of treasury and trade finance.

One of the most daunting challenges corporations go through is ensuring clear visibility of cash across different entities and bank accounts. IBSFINtech’s TreasuryTech platform connects with Yes Bank through APIs (Application programming interface) and provides real-time cash visibility. Since it is a bank agnostic platform, the solution offers connectivity with other banks, thereby facilitating complete visibility across all Banks and entities.

Yes Bank strives to strengthen its position in the industry by investing in partnerships that aims to enhance the digital experience for corporations and businesses across the country. The bank embraces fintech as technology partner. The latter can further vision of expanding the reach and engaging with corporations more effectively.