Axis Bank launches one-stop cash management proposition to automate receivables
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-pr...