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Payable Analytics
Access, manage and
utilize data with payable
analytics for
better
business outcomes
Identify unnecessary costs, stay on top of your cash flows, and improve vendor relationships
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The EnKash way is
the better way
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Improved
Cash Flow
Better
Decision-Making
Transparency
& Control
Business
Advancement
Gain extensive insights for
business improvement
Complete Control
Businesses can have complete control over accounts payable data including vendor payments, utility payments, and other payments made across different categories. This data helps bring efficiency to business processes
Invoice Management
Businesses can use data extracted from payable analytics to manage invoices by streamlining their processes, identifying payment patterns, and optimizing their approval workflows
Real-time Data Accessibility
Know business data related to cash in hand, payments due and made in real-time, and use it optimally like making early payments and availing trade discounts
Better Negotiation
With data in hand, businesses can compare data in real time across different branches/ departments and projects and use it for better negotiations with vendors
Know business payments in detail for
better
cash flow management
How does it work?
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Learn how payable analytics can revolutionize the way you work!
Read Blogs
Leverage Accounts Payable Insights to Make Smart Business Decisions
Feb 02, 2023
If you ask a business leader what the main currency of their business is, the answer is most likely to be data. Yes, updated and accurate data is the currency that oils the business decision-making...
Read More
Streamline Your Business with Efficient Payable Management
May 04, 2023
In the world of business, effective payable management is a critical component of success. Whether you are running a small or large business, the management of accounts payable can be...
Read More
Managing Your Finances: A Guide to Bills Payable and Simplifying Your Life with Bill Pay
May 05, 2023
Do you ever feel like you’re drowning in a sea of bills? Between rent, utilities, credit cards, and other expenses, it can be overwhelming to keep track of all the payments you need to make each month...
Read More
Got Questions?
Don't worry! Our FAQs section will help you learn about payable analytics in detail
What is payable analytics?
Payable analytics involves using data and insights to understand the organization’s payments. Using it, the spend pattern of the business can be accessed along with the identification of areas for improvement. It facilitates informed decision-making for businesses wherever their payments are concerned be it for vendors or other entities.
How do payable analytics benefit my business?
Payable analytics is data that allows businesses to make better decisions. It helps optimize business-related expenses, enables cash flow management, and identifies opportunities for cost savings. Businesses can use analytics to improve their vendor relationships and streamline processes for improvement. The gaps in business payments can be identified using analytics and businesses can enhance their overall performance.
How does payable analytics help in identifying potential cost savings and improving cash flow?
Payable analytics help businesses identify their spend patterns highlighting areas of cost saving. The insights from the analytics can be used to improve cash flow by making early payments and availing discounts, cutting down on unnecessary spends, better vendor negotiations, and utilizing cash optimally.
Can payable analytics integrate with existing accounting systems and software?
Businesses can easily integrate EnKash’s payable analytics with their existing accounting software or ERP software. The integration is not complicated and doesn’t require much technical cost.
Why is a payable analytics dashboard important?
The payable analytics dashboard provides data in real-time which facilitates quick decision-making. For instance, businesses can know their cash flow and if favorable, they can use it to make early payments and avail discounts. The data can be used for better negotiations with vendors by comparing it across multiple business branches.
xSeeking further understanding of payable analytics?
Payable analytics facilitates businesses in better decision making with payables data in hand and improves their overall performance.
