Procure to Pay Blockchain

Blockchain Solution for Procure to Pay Services

Blockchain Based Procure to Pay Solution Development Services

Utilize blockchain to optimize procure-to-pay processes, thereby effectively managing goods, services, and resources. Blockchain technology inculcates transparency, security, and operational efficiency to cycle PTP while reducing manual effort by making exchanges of information automated.

We take care of everything right from scanning the invoice to the data management, then funds allocation and timely payments on our blockchain-based PTP solutions. This prevents value leakage; moreover, it reduces the operation costs but delivers big business value to clients.

Blockchain Procurement Solution Development Services

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Easy User Onboarding

Blockchain-driven KYC or digital identity verification process accelerates user onboarding and provides a centralized repository of verified user documents that the requester can easily access.

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Improved Validation and Authentication

Blockchain, a blockchain procure-to-pay company in India, allows for quick distribution of authentication rights along the procure-to-pay chain and enables fraud prevention and augmentation of security across the PTP process.

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Invoice Processing

The exchange of invoices using blockchain technology enables shared access to the database and eliminates the need for invoice scanning. The authorized parties can see the transactions without reconciliation.

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Accelerated Settlements

Complete transparency and real-time access to the shared database eliminate the need for reconciliations. Blockchain procure-to-pay services can potentially transform business practices, like the standard D+30 days settlement time.

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Greater Trust among Stakeholders

Shared public IDs, the products' quality-based fair ratings for market players, the prompt payment of invoices, reliability in delivering goods, and the history of transactions will help bring trust and transparency to the PTP process.

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Reduced Money Laundering Risk

With real-time access to permanently retaining, tamper-free historical information about payments, it becomes easier to identify suspicious transactions and alleviate the risk of money laundering.

Our Software Modules Include

Admin Panel

  • Shows data-rich dashboard, buy-sell transactions, send-receive transactions
  • Provides a real-time view of the exchange and transactions
  • Exhibits user details
  • Provides real-time reports about users, transactions, and revenue
  • Enables the management of user profiles, funds transferred, and tokens created and distributed

Exchange

  • Crypto-to-fiat trading
  • Order book to view buy-sell prices of crypto assets
  • View open orders
  • 24-hour order history
  • Monitor real-time trading prices
  • Transaction history

Wallet

  • Provides real-time view of transactions
  • Enables management of different crypto wallets
  • Displays the balance of all cryptocurrencies, tokens, and fiat currencies

Smart contract

  • Enables the creation of ERC20 tokens for building blockchain pay
  • Manages the supply of tokens
  • Facilitates automatic transfer of tokens to users' wallets
  • Manages the burning of tokens

Security Features of Our Blockchain Procurement Solution

We make our blockchain-based supply chain solution multi-layer secure so that all the processes involved in the PTP chain are secure.

HTTP Authentication

We use secure HTTP Authentication tokens like OAuth for authenticating users.

Data Encryption

Data in transit over the network is encrypted to protect user credentials and other confidential information.

Jail Login

It prevents multiple failed login attempts for a specific time.

Anti-Denial of Service (DoS)

It prevents large requests to the server on our blockchain procurement solution.

Cross-Site Request Forgery (CSRF) Protection

It defends our solution against state-changing requests and other unwanted user actions.

Server-Side Request Forgery (SSRF) Protection

It protects the internal systems from attacks sent from pregnable web applications.

HTTP Parameter Pollution Protection

It protects against web attacks such as hidden information-hunting HTTP requests.

Escrow System

A smart-contract-driven escrow system lets secure transactions be done between parties.

Faq's of

Faq's

Dunitech Soft Solutions Pvt Ltd offers a comprehensive blockchain-based procure-to-pay solution development service that enables businesses to streamline their procurement processes and reduce costs. The service includes the development of a secure, distributed ledger system that allows businesses to securely store and manage their procurement data.

The procure-to-pay system based on blockchain produces a safe system of a distributed ledger that will store and deal with procurement-related data. This one is designed as being secure, clear, and effective so that it would help business enterprises streamline procurement processes and therefore save cost.

It will benefit companies if they utilize the procure-to-pay solution based on blockchain technology by Dunitech Soft Solutions Pvt Ltd as streamlined procurements reduce the cost of their processes. The solution also provides businesses with advanced analytics capabilities to enable them to have insight into their procurement processes.

Yes, Dunitech Soft Solutions Pvt Ltd carries out comprehensive training on its blockchain-based procure-to-pay solution. It is used to tell participants on how to use the system, how to set up automated payment processing, and how to generate invoices.

Yes, Dunitech Soft Solutions Pvt Ltd offers extensive training for its blockchain-based procure-to-pay solution.

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