Trusted by India’s leading brands
Smart vendor payment solution for businesses
Simplify your vendor payouts and send TDS payments on time. Manage vendor creation, track payouts, set approval flow for invoice creation and invoice payment, use multiple payment modes including NEFT, RTGS, IMPS and UPI, Auto-reconcile and auto-sync with Tally.
Manage and create payout invoices with a powerful dashboard
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Manage vendor creation
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End-to-end automation for adding, tracking, and settling invoices with TDS payments
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Payment approval flow on invoice creation and invoice payment
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Verifying bank account details before sharing
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Schedule invoices for payouts and share via email
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Payment modes NEFT, RTGS, IMPS and UPI
Maintain vendor accounts
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Manage vendor creation with an approval flow
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Handle multiple bank accounts of a single vendor
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Activate and deactivate vendor accounts
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Upload vendor KYC details with profile updates
Create smart invoicing with Tax calculation
Add GST & TDS category and auto-calculate the final amount for payment.
Auto-reconciliation and reporting with Tally
With Tally integration you can import tally invoices directly to your vendor payouts account and make payments to vendors.
Verify your payouts on every transaction
Verify payout amount and beneficiary account details using a verification request via Penny Drop, VPA verification for Bank and UPI status.
Manage payouts approval with maker-checker flow
Establish a workflow for vendor payments approval and control the payments process using rule-based permissions.
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Frequently Asked Questions
Vendor payouts is an automated tool to track vendor payments with smart Invoices using TDS payments. You can manage multiple bank details for vendor accounts and pay via NEFT, RTGS, IMPS and UPI.
Enter the gross payable amount in the invoice; it will automatically calculate TDS and view the final payout amount.
The maker will create the Invoice and share approval for payments. Admin can verify the bank account details and Invoice details and share the approval for payment.