B2B Payments Platform

Invoices in a day, not ten

A fintech platform connecting Chinese and international businesses ran billing on a single system that struggled as volume grew.

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Success story

The challenge and what we built

A fintech platform connecting Chinese and international businesses ran billing on a single system that struggled as volume grew. We built a fault tolerant billing module from scratch covering the full client lifecycle, from invoice to payment to reconciliation, and moved the platform to a service based architecture. Bank payments are now matched to open invoices automatically, anything unclear goes to a person, and financial operations costs dropped by 40%.

Results

  • Invoices in under 1 day
  • Error rate under 0.1%
  • 30 day payment collection cycle

Client details are kept confidential. Figures come from the project records and describe this specific project, not a guarantee for every business.

Before

  • 10 days to generate invoices
  • 3.5% data error rate
  • 45 day payment collection cycle

After

  • Invoices in under 1 day
  • Error rate under 0.1%
  • 30 day payment collection cycle

Automations

  • Billing module

    Generates and sends invoices for every client.

  • Reconciliation

    Matches bank payments to invoices, flags exceptions.

  • International payments

    Cross border processing through Airwallex.

  • Compliance tracking

    A permanent log of access to sensitive data.

  • Automated releases

    Updates ship with no manual deployments.

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See what else we have built

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Every property, one dashboard

Every property in one dashboard

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Let's build together

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