VMPL
New Delhi [India], June 18: India is standing on the fringe of a transformational financial leap. India’s retail sector is projected to achieve an enormous US$ 2 trillion in worth by 2032, and the variety of startups is predicted to double to 2.4 lakh by 2030. However these projections relaxation on a fragile basis. Out of the 64 million companies in India, solely 4 million are digitized – leaving 60 million enterprises working with out fundamental digital instruments. Each Indian enterprise loses cash not due to fraud or theft, however due to damaged methods. Over the previous few years, OmniCard has been shaping the Fintech spine that is now serving to Indian companies thrive.
OmniCard is bridging India’s digital divide with a user-friendly, digital-first platform designed for seamless adoption — from store flooring to CXO suites, throughout tier-1 metros to tier-3 cities. Trusted by enterprises, OmniCard is rising because the AI powered Fintech OS for enterprise spend — powering each layer of the worth chain – expense administration, petty money, incentives, journey, R&R – all with last-mile fee visibility. At this time, over 500 forward-thinking enterprises belief OmniCard to run their enterprise spend–across industries like retail, logistics, training, monetary companies, and digital marketplaces.
With an RBI-issued PPI license, OmniCard operates independently of banks whereas adhering to the very best regulatory requirements. By connecting each touchpoint within the spend journey with intelligence and effectivity, OmniCard is redefining how enterprises handle and transfer cash.
This worth era is already being seen on the bottom. For German-headquartered sports activities model PUMA, its India counterpart is effectively managing and optimizing bills throughout its in depth retail community within the nation with associate OmniCard. Siddarth Asrani, CFO at PUMA India, says, “Managing bills throughout our retail community used to contain a number of instruments and fixed follow-ups. With OmniCard, our retailer groups now have entry to managed budgets, and we get real-time visibility at our India headquarters. What stands out is the platform’s ease of use which does not require detailed coaching. For a quick-paced retail enterprise like ours, OmniCard is turning into a key participant in our ops.”
Whereas Mr. Ashutosh Mishra Senior Vice President Finance from Policybazaar, a public listed Insurance coverage market says “As a high-growth digital group, we handle a number of classes of company spending – from worker advantages and crew journey to advertising and marketing and operational prices. Earlier than OmniCard, consolidating and reconciling these bills was time-consuming and infrequently reactive. With OmniCard, we now have centralized visibility and management throughout departments, enabling us to remain forward of spend somewhat than catch as much as it.”
Mr. Gagan Garg, Finance Controller at India’s largest gifting and company retail model, Ferns N Petals, says “For us, managing retail spends and firm bills throughout a rising enterprise community required an end-to-end resolution. OmniCard delivered precisely the identical. It provides us the power to assign budgets to groups, allow UPI funds, subject playing cards immediately, and monitor spending in real-time. It has considerably improved visibility and effectivity in how we handle enterprise expenses–both in-store and on the workplace. For a enterprise of our scale, having this stage of management with out added administrative burden is an enormous win.”
“India’s financial future relies upon not simply on scale, however on how effectively its companies function” says Abhishek Saxena from OmniCard “We’re driving the following wave of enterprise funds in India with need-based innovation, delivered by way of a go-to platform for enterprise expense administration. We’re constructing the rails for clever enterprise spending in India, combining banking-grade infrastructure with the agility of Fintech. Our aim is to be the apparent alternative for B2B Fintech in India. When any enterprise thinks Fintech, we wish them to suppose OmniCard.”
India’s development story is gaining momentum, however true progress calls for clever methods. Constructed for scale and inclusivity, The OmniCard AI powered Fintech OS is purpose-built to serve companies of all sizes–adapting to their distinctive wants, scale, and workflows. Whether or not it is a startup managing crew bills or an enterprise optimizing multi-location spend, OmniCard gives the flexibleness and AI intelligence to energy their monetary operations end-to-end.
As India builds towards a $5 trillion financial system and hundreds of thousands of companies transfer towards digitization, AI powered Fintech OS platforms like OmniCard will play a vital function in shaping how the nation’s enterprises handle cash.
(ADVERTORIAL DISCLAIMER: The above press launch has been supplied by VMPL. ANI is not going to be accountable in any means for the content material of the identical)
(The story has come from a syndicated feed and has not been edited by the Tribune Employees.)
