Invoice Discounting

Maximise EBITDA by paying your vendors early using India's best supply chain finance platform

Gain 2-5x additional returns with zero overheads

Increase vendor participation upto 3 times

Go live in days with quickest ERP integration

Calculate your EBITDA savings with Clear Invoice Discounting

We guarantee upto 60% vendor participation and 2-3x higher usage

Run a pilot to discover additional EBITDA that your enterprise can generate on treasury cash

Calculate your EBITDA savings
with Clearfin Invoice Discounting

We guarantee upto 60% vendor participation and 2-3x higher usage

Run a pilot to discover additional EBITDA that your Enterprise
can generate on treasury cash

19.3+

Thousands of Vendors

10.2+

Lakhs of Invoices

142.1+

Billions of Invoice Value

What is Invoice Discounting?

Watch this quick video to know more about invoice discounting and how it helps Buyers, Vendors and Financiers

For Buyers

Increase EBITDA by discounting invoices of your large supplier base using treasury funds, banks or TReDs. Fully integrated with ERP.

Know more →

For Suppliers

Use EarlyPay to access affordable financing anytime on your pending invoices. Get real-time status on invoice processing and payments.

Know more →

For Financiers

Enable low-risk vendor financing via AI/ML powered platform. Increase limit utilisation by getting access to good-rated corporates.

Know more →

How does Invoice Discounting work?

Here's how the entire process of invoice discounting works with Clear Invoice Discounting

How is Invoice Discounting unique?

2-5x returns

60% plus vendor participation resulting in  2x discounted invoices; ability to discount invoices throughout the year

Zero overheads

3k+ enterprise worth experience of integrations, onboarding and customer success

AI/ML powered solution

Solve for invoices, taxes, payments and credits together making it an all-in-one solution

Unlimited supply options

Choose from Treasury, TReDS, Bank/NBFCs for financing through the platform

Fully digital set-up

Deep and bi-directional ERP integrations with automated reconciliation and accounting

Dynamic bidding

Flexibility for vendors to bid discount rates and days at each invoice level

Related articles

A few articles related to the Invoice Discounting
What benefits can a business get by using invoice discounting?
3 min read
How do dynamic discounting programs help buyer profitability?
3 min read
How can discounting your bills help your business grow?
3 min read
Do vendors prefer invoice discounting or traditional borrowings?
3 min read

About Clear

Clear Invoice Discounting is the new financial services offering from the makers of Cleartax. We are eager to replicate our success in simplifying tax and compliance to the financial services sector, in short “simplify finance”. We are focused on creating customer-first products that reimagine what is possible and simplify financial services, to help supply-side partners manage their funnel exposure smartly and as per need.

At Clear, we have been making usable and dependable software solutions that serve individuals, SMEs, CAs, and enterprise customers since 2011. The repeated requests from our customers for other high-quality solutions to augment their existing software products led us to launch Clear Invoice Discounting, which will run in parallel to our existing software/SaaS offering and provide select financial services..

Clear Invoice Discounting is the first product to be launched under the new financial services offerings, and enables suppliers to get paid early on their invoices – rather than wait out the long credit periods. For the enterprise or buyer companies, it provides multiple ways to easily fund these early payments at a mutually-agreed discount, leading to a win-win for both parties.

Client Testimonials

Take your supply chain financing to the next level
with
Invoice Discounting
Contact us

Frequently asked questions


1. What is invoice discounting?

Invoice discounting is a process where a vendor gets paid against an invoice on a date earlier than the agreed credit period. The amount paid will be lower than the actual invoice amount, hence the process is called invoice discounting. The discount rate is the cost of getting paid early, for the vendor. The amount of discount is dependent on the period for which the early payment is sought and other factors such as the cost of capital by the buyer/financier.

2. How is this program run for an enterprise?

The Invoice discounting program is enabled by the buyer for the buyer-seller ecosystem. The program is delivered over the fully-digital Clear platform, where vendors can request for early payment of invoices by forgoing a discount. An enterprise can leverage its own funds (directly from the treasury or from unutilised bank limits) or use invoice marketplaces to finance the early payment through Clear Invoice Discounting. Enterprises can earn higher return than most investment instruments by deploying funds through Clear Invoice Discounting.

3. How is this program used by vendors?

Vendors bid for early payment against their invoices. They can use early payments to meet their working capital requirements.

4. Is the program useful for my business?

The program is useful for all enterprises (buyers) that have a 300 Cr+ annualised spend on vendors and work with a supplier credit period of 30 days+

5. How is this program different from factoring or reverse factoring?

This program gives the flexibility to deploy your own funds in financing your supply chain against a financier-driven factoring program. Additionally, this is a fully-digital program, thereby removing any overheads, paperwork, and hassles that are associated with factoring programs.

6. How much time does it take to make this program go live?

The Clear Invoice Discounting program can be made live in 2-4 weeks, depending on the type of ERP of the buyer. Once that is done, it takes just a few minutes to invite and onboard your vendors.

7. Is my data secure?

Yes, the Clear platform follows industry best practices for data protection.

More questions? Contact us