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She said the distribution company bills about 5,000 to 6,000 names per month for 70,000 dealers (its dealer network). Pune-based tire maker Bridgestone India shifted the collection process to a digital platform in nine months for about 700 homes and € million in cash flow. Jyotsnana Sharma, CFO, Bridgestone India Since the launch of the digital payment platform last year, Bridgestone India has migrated around 7,000 More than 80% of its dealers have migrated to the platform, company executives said. Bridgestone India is the domestic subsidiary of Bridgestone Corporation of Japan. J.P. Freepay Morgan FinTech Globalobal app The PayEx Freepay solution’s electronic invoice rendering, processing and reconciliation solution allows Bridgestone dealers to pay directly from a self-service desktop using a smartphone or tablet. In addition to providing features such as automated validation, we added cash discounts and credit note rewards for unpaid invoices. Even before the ...

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Bridgestone India unlocks 7 million euros in 9 months, helped by digital payment platform Freepay