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Blockchain Based Procure to Pay Solution Development Services

Accelerate the procure to pay cycle on a Blockchain platform(blockchain procure to pay company in India) for enhanced management of goods, services and resources.

Dunitech's Approach - Blockchain Solution for Procure to Pay

Blockchain(blockchain procure to pay company in India) technology can disrupt the PTP process and provide operational benefits like better transparency, security, and efficiency in transactions. Furthermore, blockchain in procurement can decrease the workload of streamlining by automating the exchange of information.


We harness blockchain(blockchain procure to pay company in India) technology for procure to pay, to create a solution that covers the entire spectrum of PTP processes - from scanning and processing invoices, data management, funds management to ensuring on-time payment while minimizing value leakage and reducing cost of operations. Our blockchain procurement solution development services deliver business value to our clients by helping them achieve the following:



Easy User Onboarding

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

Improved Validation and Authentication

Blockchain(blockchain procure to pay company in India) enables quick distribution of authentication rights along the procure-to-pay chain, thereby enabling fraud prevention and augmenting security across the PTP process.

Invoice Processing

The exchange of invoices using the blockchain(blockchain procure to pay company in India) technology enables shared access to the database and eliminates the need for invoice scanning. The authorized parties can review transactions without reconciliation.

Accelerated Settlements

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

Greater Trust among Stakeholders

The shared public IDs, fair ratings assigned to market players based on the quality of products, reliability in delivering, and timely payment of invoices, and transaction history bring trust and transparency to the PTP(blockchain procure to pay company in India) process.

Reduced Money Laundering Risk

With real-time access to permanently retaining, tamper-free historical information about payments(blockchain procure to pay company in India), 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 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(blockchain procure to pay company in India) Procurement Solution

We fortify our blockchain-based supply chain solution(blockchain procure to pay company in India) with multi-layer security to ensure secure processes across the PTP chain.



HTTP Authentication

We leverage secure HTTP Authentication tokens, such as OAuth for user authentication.

Data Encryption

The encryption of data transmitted over the network safeguards user credentials and other confidential information.

Jail Login

It helps prevent multiple failed login attempts for a specific time.

Anti-Denial of Service (DoS)

It protects our blockchain procurement solution from large requests to the server.

Cross-Site Request Forgery (CSRF) Protection

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

Server-Side Request Forgery (SSRF) Protection

Protects internal systems from attacks sent from pregnable web applications.

HTTP Parameter Pollution Protection

Protects against web attacks that send an HTTP request to access hidden information.

Escrow System

A smart-contract-driven escrow system enables secure transactions between parties.

FAQ's

Frequently Asked Questions

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

Using a blockchain-based procure to pay solution can help businesses reduce costs, improve efficiency, and increase transparency in their procurement processes. It also provides a secure platform for storing and managing procurement data, which can help reduce the risk of fraud and data breaches.

Dunitech Soft Solutions Pvt Ltd's blockchain-based procure to pay solution works by creating a secure, distributed ledger system that stores and manages procurement data. This system is designed to be secure, transparent, and efficient, allowing businesses to streamline their procurement processes and reduce costs.

Dunitech Soft Solutions Pvt Ltd's blockchain-based procure to pay solution offers features such as secure data storage, automated payment processing, real-time tracking of orders and payments, and automated invoice generation. It also offers advanced analytics capabilities that allow businesses to gain insights into their procurement processes.

Dunitech Soft Solutions Pvt Ltd's blockchain-based procure to pay solution is highly secure due to its distributed ledger system. This system ensures that all data is securely stored and managed, reducing the risk of fraud and data breaches.

Businesses can benefit from using Dunitech Soft Solutions Pvt Ltd's blockchain-based procure to pay solution by streamlining their procurement processes and reducing costs. The solution also provides advanced analytics capabilities that allow businesses to gain insights into their procurement processes.

Dunitech Soft Solutions Pvt Ltd's blockchain-based procure to pay solution can be used by any type of business that needs to streamline its procurement processes and reduce costs. This includes small businesses, medium-sized businesses, and large enterprises.

The implementation time for Dunitech Soft Solutions Pvt Ltd's blockchain-based procure to pay solution depends on the complexity of the project and the size of the business. Generally speaking, it takes between 4-6 weeks for the solution to be implemented.

Yes, Dunitech Soft Solutions Pvt Ltd provides comprehensive training for its blockchain-based procure to pay solution. This training covers topics such as how to use the system, how to set up automated payment processing, and how to generate invoices.

Yes, Dunitech Soft Solutions Pvt Ltd provides 24/7 support for its blockchain-based procure to pay solution. This support includes troubleshooting assistance, technical advice, and guidance on best practices for using the system.

Yes, Dunitech Soft Solutions Pvt Ltd offers customization services for its blockchain-based procure to pay solution. Building blockchain pay includes customizing the system according to the specific needs of the business, such as adding new features or integrating with existing systems.

Yes, Dunitech Soft Solutions Pvt Ltd offers integration services for its blockchain-based procure to pay solution. This includes integrating the system with existing systems such as ERP or accounting software in order to streamline processes and improve efficiency.

Yes, Dunitech Soft Solutions Pvt Ltd offers consulting services for its blockchain-based procure to pay solution. This includes providing advice on best practices for using the system as well as helping businesses develop strategies for optimizing their procurement processes.

Yes, Dunitech Soft Solutions Pvt Ltd offers maintenance services for its blockchain-based procure to pay solution. This includes providing regular updates and patches in order to ensure that the system remains secure and up-to-date with industry standards.

Yes, Dunitech Soft Solutions Pvt Ltd offers scalability services for its blockchain-based procure to pay solution in order to ensure that it can handle increased demand as businesses grow over time.