InvoiceMate is a next-generation invoice management system powered by Blockchain & AI. It is built around the idea of benefiting business operations. Let’s take a look at the advantages of InvoiceMate for your business. What is InvoiceMate? At its core, InvoiceMate is the world’s first-ever blockchain-powered invoice management software. The purpose of developing…

Financial inclusion is one of the greatest challenges faced by the global economy in general and emerging economies like Pakistan in particular. In the following lines, we will take a look at how InvoiceMate acts as an enabler for financial inclusion in Pakistan through invoice financing. Before moving forward let’s…

Invoice financing and factoring are the two types of accounts receivable financing. In the following lines, we will learn the basics of Invoice financing and factoring. Accounts Receivable Financing Account receivable financing is where a business gets financing (borrows) the amount against a ratio of its outstanding receivables. Accounts receivable are the invoices…

In the following lines, we will look at invoice financing frauds and how InvoiceMate detects and prevents these invoice financing frauds. Invoice Financing has always been a tricky subject. The reason is vulnerabilities associated with invoice financing. Financing is the lifeline of any business. There are hundreds of institutions that…

KYI (Know Your Invoice) is a unique concept by InvoiceMate to revolutionize the invoice financing industry. In the following lines, we will take look at how this is going to happen. First, we need to lo take a look at how business financing works. In business financing, a business borrows…

Know Your Invoice or KYI may sound unfamiliar to you in the first place but that won’t be the same once you finish this article. Most of us have seldomly heard about the word KYC (Know Your Customer). Many of us would have also heard about KYB (Know Your Business)…

In the following lines, we will have an overview of invoice financing based on Islamic principles. Islamic financial experts continuously work on different financial products to make them comply with the Islamic financial principles as required by a significant number of the Muslim population worldwide. Functionally Islamic financial system is…

Theoretically, invoice financing is one of the best forms of short-term financing for both businesses and financing institutions. It is one of the easiest ways to solve cash-flow problems for a business. That’s how every business can grow and utilize its actual potential. This serves the economy-related goals of sustainable…

Digital is the future and the future is digital. We’re living in the digital era. Everything around us is getting digitized in one way or another, the financial sector is no exception to that. The financial sector has been one of the major beneficiaries of this technological revolution. This has…