List of YES BANK Blockchain for Vendor Financing Customers
Mumbai, 400055,
India
Since 2010, our global team of researchers has been studying YES BANK Blockchain for Vendor Financing customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased YES BANK Blockchain for Vendor Financing for Blockchain Platform from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using YES BANK Blockchain for Vendor Financing for Blockchain Platform include: Bajaj Electricals, a India based Manufacturing organisation with 1958 employees and revenues of $570.0 million and many others.
Contact us if you need a completed and verified list of companies using YES BANK Blockchain for Vendor Financing, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The YES BANK Blockchain for Vendor Financing customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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Bajaj Electricals | Manufacturing | 1958 | $570M | India | Yes Bank | YES BANK Blockchain for Vendor Financing | Blockchain Platform | 2017 | Ibm | In 2017, Bajaj Electricals implemented YES BANK Blockchain for Vendor Financing, deploying a Blockchain Platform to digitize vendor financing and bill-discounting workflows in India. The engagement targeted automation of invoice financing and bill-discounting business functions, moving transaction handling toward near real-time settlement from a previously four day cycle. The solution used a multi-nodal Hyperledger Fabric architecture and smart contracts developed by Cateina Technologies to automate discounting logic and enforce payment terms. YES BANK Blockchain for Vendor Financing included capabilities for transaction orchestration, automated settlement triggers, immutable audit trails, and programmatic enforcement of finance rules through chaincode. Hosting and operational support were provided by IBM using Watson and cloud infrastructure, and the implementation integrated with Bajaj Electricals systems to transmit transaction status and settlement confirmations. ERP integration is described in source material and is included to synchronize financed invoice status with Bajaj Electricals financial systems, aligning banking events to enterprise finance workflows. Governance and operational rollout emphasized bank-to-vendor process digitization, embedding smart contract enforcement into the vendor financing lifecycle and shifting manual discounting approvals to automated workflows. The implementation reduced the bill-discounting cycle from four days to almost real-time and cut costs by over 70 percent, outcomes reported in the deployment description. |
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