Open for Invoicemart

Bring Invoicemart into Open next to your banks. See its balances and settlements with the rest of your cash and reconcile them in your ERP.

Built by: Open
Type: TReDS platform

Connect Invoicemart Book a demo

How it works

Bring Invoicemart into your ERP

1
Connect your Invoicemart account
Choose Invoicemart in Open and complete the authorisation steps with your authorised signatory.
2
Open brings in balances and settlements
Once access is active, balances and settlements from Invoicemart appear in Open next to your bank accounts.
3
Entries in your ERP
Invoicemart entries land in your ERP for reconciliation alongside your bank transactions.

Save up to 20 hours

of manual work every month — no portal logins, statement downloads or upload files for Invoicemart.

What you can do with Invoicemart

One view of your cash
See Invoicemart balances and settlements next to every bank you use.
Entries in your ERP
No more downloading Invoicemart reports and uploading files.
Faster reconciliation
Match Invoicemart settlements against ledger entries inside your ERP.
Audits and security handled
Open takes care of audits and security, so the connection stays reliable.

About the bank

About Invoicemart

Type: TReDS platform
Based in: Thane
Operating since: 2017

Invoicemart is a TReDS platform run by A.TReDS Limited, a joint venture of Axis Bank and mjunction services. It began operations in July 2017 under a licence from the Reserve Bank of India.

TReDS platforms are electronic exchanges, regulated by the Reserve Bank of India, where small-business sellers get their approved invoices to buyers financed by banks and other financiers. Companies on both sides use them alongside their bank accounts.

Invoicemart connects to Open so it works alongside your banks and your ERP, without file uploads or portal logins. Open takes care of audits, security and the day-to-day management of the connection, and keeps it running smoothly.