request finance
Using this option you can raise the funds from the bank for various business activities like to pay off your liabilities or for working capital requirement to start production of a new order. These funds are arrange by availing finance against your invoices.
You can select multiple invoices for a particular program and associated party to avail finance against those invoices or purchase orders. You will view maximum percentage allowed to avail that finance depending on the program and the associated party selected. The corporates can also request for a bulk amount of finance which is less total Financeable amount.
Pre-Requisites
User must be having a valid corporate login credentials for creation of program.
How to reach here:
Dashboard > Toggle menu >Supply Chain Finance > Finance Management > Request Finance
OR
Dashboard > Toggle menu >Supply Chain Finance > Overview > Quick Links > Request Finance
To request finance:

Field Name |
Description |
---|---|
Customer Name & ID |
Displays the name and ID of the corporate account. |
Party ID |
Displays the party ID. |
Associated Party Name |
The Counter Party |
Program Name |
The Program Name and ID to view corporate user's invoices to request for Finance. |
Currency to be disbursed |
The currency in which the disbursement of Finance is required. |
- From the Associated Party Name list, select the Counter Party or the Anchor to view the invoices for requesting for Finance.
- From the Program Name list, select the Program Name and ID to view corporate user's invoices to request for Finance.
- From the Currency to be disbursed list, select the currency in which the disbursement of Finance is required.
- Click
OR
Click to reset the entered data.
to submit the request. - Based on the entered data, outstanding invoices are displayed.

Field Name |
Description |
---|---|
Customer Name |
Displays the name of the Corporate Account. |
Party ID |
Displays the party ID. |
Program Name |
Displays the Name of the program which has been selected for requesting finance. |
Counter Party Name |
Displays the Name of the counter party whose invoices would be selected for requesting finance. |
Disbursement in Currency |
Displays the selected disbursement currency . |
Select Invoices Displays the invoices having invoice status as Accepted and Partially Financed and payment status as Unpaid or Partially paid and overdue. |
|
Select Invoices |
Select the checkbox(es) against one or multiple invoices of same currency to request finance. Based on the selection Total Selected Invoices, Total Amount Selected, and Amount Requested for Finance get displayed. |
Invoice Number & Invoice Due Date |
Displays the invoice number and its due date. Click on the link to view the details invoices selected in multiple currencies and there conversion rate. |
Invoice Amount |
Displays the invoice amount. |
Accepted Invoice Amount |
Displays the data as fetched from the invoice. |
Maximum Finance Amount |
Displays the maximum financed amount from the invoice. |
Outstanding Amount |
Displays the data as fetched from the invoice. |
Net Finance Amount |
Displays the Outstanding Invoice Amount or the Maximum Finance Amount which ever is lesser as the Net Finance Amount in respective currency. |
Total Selected Invoices |
Displays the number of selected invoices. |
Total Amount in Disbursed Currency |
Displays the disbursed amount along with the currency. |
Total Amount Selected |
Displays the total of Net Finance Amount of the selected Invoices in respective currency. |
Amount Requested for Finance |
Specify the amount requested for finance in respective currency. The amount entered should be less than the total net finance amount of the selected invoices. |
- Select checkbox against one or multiple invoices to request finance. Based on the selection Total Selected Invoices, Total Amount Selected, and Amount Requested for Finance get displayed.
- Click
OR
Click to cancel the transaction.
OR
Click to navigate back to previous screen.
to request finance against the selected invoice(s). - The review screen appears. Verify the details, and click
OR
Click Back to navigate back to previous screen.
OR
Click Cancel to cancel the transaction.
. - The success message of request initiation appears along with the reference number.
- Click on the View Finances
link to view the list of created invoices with their status.
Click on the Supply Chain Overview link to go to Supply Chain Finance dashboard
OR
Click on the Go to Dashboard link to go to Supply Chain dashboard.