Tata Motors, a leading automobile manufacturer in India, faced challenges in providing affordable financing options to its diverse vendor base, especially small and medium enterprises (SMEs). To address this, Tata Motors implemented PayEarly on the Cashinvoice platform. The solution offered on-demand treasury capital to registered MSME sellers, streamlined processes, and improved access to finance. The implementation resulted in strengthened supply chain relationships, risk-free returns, improved liquidity for micro suppliers, and business growth through enhanced trade relations.
In summary, Tata Motors successfully tackled financing challenges by implementing PayEarly on Cashinvoice, benefiting both the company and its MSME suppliers with improved liquidity, streamlined processes, and strengthened trade relations.