With a growing business, there grows a need to focus more on the targets and goals, smoother operations and customer-oriented product and services. While you focus on growing your business, fund disbursals (eg: timely payment to your suppliers or instant cashback or other rewards to your customers) can become one big challenge.
Whether you are a small or a large business, Paytm Payouts is a one-stop solution for managing all your disbursal needs with real time updates and notifications. It gives you an edge over traditional banking by offering you a single in-house developed and an easy to use platform to transfer funds in bulk, manage and pay vendor/supplier invoices, pay monthly electricity or other bill payments, manage and pay employee salaries and other expenses like rents and reimbursements etc. Paytm Payouts also allows you to create multi user profiles and provides real time tracking of all day to day transactions for easy reconciliation. Also, bulk payments can be processed 24*7 at industry best success rates using this easy to use Payouts Dashboard or simple API integrations.
Accounts & Passbook
This section can be used to view balance, view/download passbook, transfer money from Payout and Disbursal Accounts. These accounts can be used to pay bills, vendor payments, employee reimbursements, etc. The passbook allows you to reconcile funds moving to and from the accounts.
This section captures the details of each transaction done using Paytm Payouts and allows you to download reports for easy reconciliation.
Paytm Payouts is an Enterprise bill payments solution, with features like bulk bill payments, auto bill fetches, reminders to avoid late fees and much more for multiple business locations. Integrated with more than 95% of billers in India, the bill payments module has the industry-wise best success rates for all types of bill payments such as electricity, water, internet, gas, phone etc.
Paytm Payouts is a digital approach to transition manual invoice management to an organized online vendor invoicing. The vendor Invoices module is focused on accelerating vendor payments, simplifying approval cycles, monitoring invoices and related documentation and accurately tracking the cash flow.
Paytm Payouts allows merchants to create customized workflows as per the processes followed by their business. It creates workflows for routing and monitoring of funds flow in the business system by allowing the addition of multiple users and allocating them to restrictive roles.
The Reports section allows you to download the Payout Account passbook, Transaction History and many more such reports for easy reconciliation and reporting.