The "Digital India" initiative has revolutionised traditional methods by integrating digital technology, enabling banks to offer corporate solutions and promoting cashless transactions. SKPE Pvt Ltd's Cash Management Services (CMS) leverage this opportunity, providing a digital ecosystem for seamless connectivity between customers, suppliers, billers, and retailers.
SKPE's CMS, coupled with an extensive agent and retailer network, empowers corporates to accelerate receivables, gain better payment control, and enable just-in-time funding. The system helps businesses realise funds faster, sell more while relying on less working capital, and get clear visibility into paid invoices for better financial decisions.
SKPE's CMS is available through the web portal, letting retailers accept payments from various billers. It supports accepting loan EMIs from customers and providing instant credit to the respective biller accounts — with attractive instant commissions on every CMS transaction.
CMS benefits the agent network in rural and semi-urban areas by ensuring sufficient cash availability within their outlets for cash withdrawal services. This additional service increases agent earnings and makes cash more accessible for underserved sections of society.
Through SKPE's CMS network, retailers can accept cash on behalf of food aggregators, NBFCs, and lending platforms — reducing the need for long-distance travel while keeping collections reflected in each biller's account promptly.
Actual biller and aggregator tie-ups vary by region — confirm the current CMS partner list with the SKPE onboarding team.
Cash management is a critical component of banking services, covering cash flows, deposits, withdrawals, loans, and investments. A CMS platform helps track, forecast, and analyse cash flow data — automating processes and giving insight into customer behaviour so costs go down and accuracy and operational efficiency go up.
Manage finances, understand cash flow dynamics, and make informed decisions on investments and fund allocation.
Facilitates cash collection for aggregator and biller partners, reducing long-distance travel for cash deposits.
Expands financial services to the last mile of society through the SKPE retailer network.