Taking a Lead in Payments and Collections Automation

by Prabakhar Iyer, Executive Director & Chief Financial Officer, Ingram Micro India Limited (IMIL) 

In addition to its leading role in technology distribution in India, Ingram Micro India Limited (IMIL) aims to remain at the forefront of cash and treasury management practice. To fulfill this objective, IMIL recently embarked on an ambitious project with BNP Paribas to implement a sophisticated, centralised technology platform to automate and streamline payments, collections and cash visibility. By doing so, IMIL can deliver a better service to its customers, including resellers, distributors and retail stores, and forge improved relationships with its suppliers. In this article Prabakhar Iyer, Executive Director & Chief Financial Officer, describes some of the objectives, solutions and outcomes of this innovative project that firmly establishes IMIL as a leader in cash and treasury management efficiency.

Project background

At IMIL, we pride ourselves on the extensive, sophisticated, supply chain and distribution infrastructure that we have developed over many years. This has a variety of implications for payments and collections:

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