From Invoice Origination
to Insured Disbursement
Neuodds operationalises a six-stage process that connects three institutional stakeholders under a single verified, policy-backed workflow — with full audit trails at every step.
Precision-Engineered for Institutional Confidence
Every stage is designed to eliminate ambiguity, create verified data records, and maintain compliance with RBI guidelines governing trade receivable discounting.
Onboarding & KYB Verification
The Manufacturer completes a one-time digital onboarding. Neuodds performs Know Your Business (KYB) verification — validating GST registration, MSME certification (where applicable), bank account details, and credit insurance policy credentials.
Simultaneously, the Manufacturer's credit insurance policy is formally linked to their Neuodds account. The platform reads policy limits, buyer-specific sublimits, and exclusion conditions directly via the insurer API.
Invoice Upload & Real-Time Policy Matching
The Manufacturer submits an invoice through the Neuodds portal or via API integration with their ERP. The platform validates the invoice structure — GST-compliant e-invoice reference (IRN), buyer GSTIN, due date, and invoice amount.
The buyer is cross-referenced against the active credit insurance policy in real time. If the buyer has available sublimit under the policy, a Coverage Eligibility Certificate (CEC) is generated — a digitally signed document binding the invoice to the policy.
NBFC Credit Review & Financing Offer
The matched invoice — accompanied by the Coverage Eligibility Certificate and all verification artefacts — is surfaced to the linked NBFC's decision engine via API. The NBFC receives a standardised, pre-validated data packet eliminating manual diligence.
The NBFC generates a Financing Offer specifying advance percentage (typically 80–90%), platform-disclosed interest rate, and tenor. This offer is presented to the Manufacturer for acceptance within a defined SLA window.
Manufacturer Acceptance & Fund Transfer
The Manufacturer reviews and digitally accepts the financing offer via one-click OTP confirmation. Neuodds triggers the disbursement instruction to the NBFC's core banking system, which initiates RTGS/NEFT transfer to the Manufacturer's verified bank account.
Simultaneously, a digitally signed Loan Agreement, Assignment of Receivable deed, and Notice of Assignment (NOA) to the buyer are auto-generated by the platform — eliminating documentation delays.
Repayment Monitoring
When the invoice due date approaches, Neuodds sends automated payment reminders to the buyer (via the NOA channel), monitors buyer bank confirmation, and reconciles repayment against the outstanding advance. All three parties see live status updates.
Claims Management (If Required)
If a buyer defaults beyond the policy waiting period, Neuodds automatically compiles and submits the claims package to the Credit Insurer. The platform manages the claims lifecycle — from submission through to settlement receipt and proceeds distribution to the NBFC.
Built to the Highest Institutional Standards
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