YES Smart Pay

YES BANK'S, YES SMART PAY is a unique digital Working Capital Management Solution that helps to digitize the complete process of account receivables including, collection of payments, reconciliation, and monitoring for invoice and non invoice based payments. The solution will improve the financial processes of a company's supply chain and increase the efficiency of working capital cycles, leading to faster cash flows and more streamlined operations.
Key Features:
• Collection: One-step solution for all receivables
• Seamless and Integrated: End-to-end web solution for invoice presentment, collections and reconciliation
• Workflow and Validation: Online Validation with database at YES BANK end or online with Customer ERP
• Omnipresent Collection: Collection facility available at all YES BANK Branches pan-India
• Follow Up: Online alerts/notifications and payments reminders
• Real-time: MIS and straight-through reconciliation for all channels
• Auto Reminders: System-driven reminders to payers