Live Breaking News & Updates on Xis Bank Clients Can Customize And Automate Fully What Has Traditionally Beena Very Time Consuming

Mumbai (Maharashtra) [India], August 9 (ANI/NewsVoir): Axis Bank becomes the first Indian bank to launch Axis Receivables Suite (ARS)-an innovative Cash Management proposition that simplifies Receivables reconciliation, accelerates cash flow, enhances the client experience and reduces the cost of doing business. ARS is an end-to-end proposition, along with a mobile app to automate the reconciliation of receivables against sales invoices raised by clients. Using ARS, Axis Bank clients can customize and automate fully what has traditionally been a very time-consuming, costly, manual and error-prone activity. Clients also benefit from knowing their upcoming/pending payments and gives them real-time control over all their receivables. On the launch of ARS, Vivek Gupta, President and Head-Wholesale Banking Products, Axis Bank said, "Our efforts have been to continuously bring market-leading digital Transaction Banking propositions like ARS that transformationally benefit our clients to ....

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