Seamless Supply Chain Finance for an Electrical Products Manufacturer
Dynamic discounting coordinated with an NBFC
Industry: Consumer Electricals
Annual turnover: ₹250 crore
Business scale: 31 branches · 2,000+ dealers · 500 suppliers
The Challenge
A promoter-led electrical products manufacturer with a wide distribution and supplier network faced increasing complexity in financial coordination across multiple units. The introduction of GST in 2018 added to the workload, while traditional banking processes and communication methods made it harder to manage invoicing, supplier payments, information flow and process changes efficiently.
The Solution
Eureka coordinated with a non-banking financial company (NBFC) to support a dynamic discounting solution. The approach focused on improving the flow of financial information, supporting proactive financial oversight through real-time GST tracking, and making supplier-related financial coordination more efficient.
- Enhanced communication and information flow across the business ecosystem.
- Improved visibility for financial management and GST-related tracking.
- More streamlined supplier payment coordination to support stronger vendor relationships.
Reported Outcomes
Better vendor relationships were also reported as a business outcome.
*The 19%+ figure refers to reported savings on annual financing costs, as confirmed by Eureka. The client is kept anonymous at its request. Financing was coordinated with an NBFC; approvals, terms and disbursements remain subject to the financing institution’s assessment and processes.
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