Payout is usually a cumbersome process involving a lot of manual crunching to figure out who to pay what. The complexity increases exponentially as the number of receivers and the number of rules increase. This is particularly true for businesses which witness high volumes of transactions.
Many companies which serve as a platform connecting two sides are in a unique situation where they receive payments from multiple senders. These payments later disperse to many receivers. Companies plying their trade in industries like payments (either domestic or cross-border), fintechs, neo-banks, and marketplaces usually get thousands of payments which they have to disperse without much delay. Their business operations rely on having a seamless and flexible payout engine.
Kosh.ai completely automates the payout process. It seamlessly fetches data from internal and external sources while applying pre-defined rules of payout. The product lets users define rules in its engine to cover a myriad of corner cases of payouts.
Kosh.ai seamlessly automates the payout process, effortlessly eliminating manual crunching and efficiently determining the recipients and amounts to be paid. This is particularly beneficial for businesses dealing with high transaction volumes, such as those in payments, fintech, and marketplaces. The automated payout system seamlessly handles disbursements, especially those in need of automated bank reconciliation software.
Certainly! Yes, Kosh.ai is meticulously designed to seamlessly handle multiple payouts concurrently, offering a versatile payout engine. This empowers businesses to effortlessly navigate various scenarios, ensuring the accurate dispersion of payments from multiple senders to respective receivers without delays. The system adeptly and seamlessly manages diverse payment scenarios, delivering a fluid solution for businesses with varied payout needs, particularly those seeking treasury tools to automate finance processes.
Kosh.ai boasts a flexible payout engine, enabling users to define and implement specific rules tailored to their distinct business requirements. This seamless integration of custom rules ensures that the payout process can adapt to various scenarios and comply with specific business rules, providing a solution tailored for businesses with unique needs and seamlessly incorporating treasury management software for fintech.
Yes, Kosh.ai enhances transparency in the payout process by fetching data from both internal and external sources, especially for businesses in need of an integrated treasury management system. This transparency ensures that businesses have a clear view of the payout transactions, helping to maintain accuracy and accountability in the disbursement of funds. The system ensures transparency throughout the payout process.
Kosh.ai seamlessly streamlines the payout process for businesses in payments, fintech, neo-banks, and marketplaces by automating the dispersal of thousands of payments. Its efficient engine, tailored for finance reporting automation, fetches data seamlessly from various sources, applying predefined rules to handle diverse scenarios and ensuring timely and accurate payouts. The system efficiently manages the dispersal of payments in high-volume scenarios, offering a seamless solution for businesses in payments and marketplaces.