First-of-its-kind enterprise digital banking solution Simplify and automate accounts receivable reconciliation Simplify and automate accounts receivable reconciliation to accelerate cash flow and reduce business costs.

Axis Bank is the first Indian bank to launch Axis Receivables Suite (ARS), an innovative cash management solution that simplifies receivables reconciliation, accelerates cash flow, enhances customer experience and reduces business costs.

ARS is an end-to-end quoting and mobile application that automatically reconciles accounts receivable with customer sales invoices. Axis Bank is the first Indian bank to launch Axis Receivables Suite (ARS), an innovative cash management solution that simplifies receivables reconciliation, accelerates cash flow, enhances customer experience and reduces business costs.

ARS is an end-to-end quoting and mobile application that automatically reconciles accounts receivable with customer sales invoices. Using ARS, Axis Bank customers can fully customize and automate traditionally time-consuming, expensive, manual and error-prone activities.

Customers also benefit from being aware of their upcoming/pending payments and giving them real-time control over all receivables. In launching ARS, Vivek Gupta, President and Head of Wholesale Banking Products, Axis Bank, said: “We have been working hard to continuously introduce market-leading digital transaction banking such as ARS to benefit our customers, enhancing their experience and helping Commenting on the launch of ARS, Vivek Gupta, President and Head of Wholesale Banking Products at Axis Bank, said: “We have been working hard to continuously introduce market-leading digital transaction banking such as ARS to empower our customers to enhance their experience and help optimize their working capital.

This proposal is in line with our goal of providing a better experience in the supply chain. Axis Bank is India’s third largest private sector bank. Axis Bank provides a full range of services to a client base of medium and large enterprises, SMEs, agriculture and retail businesses.

As of June 30, 2022, Axis Bank had 4,759 branches (including extension counters) and 10,161 ATMs nationwide, with a network covering 2,702 towns and a broad customer base. A range of products and services.

Axis Group includes Axis Mutual Fund, Axis Securities Ltd, Axis Finance, Axis Trustee, Axis Capital, A.TReDS Ltd, Freecharge and Axis Bank Foundation.