IBEA Mission to Modernize Account Payables
IBEA was founded with a mission to empower financial leaders to modernize and convert their Accounts Payable departments from outdated cost centers with manual processes into strategic automated revenue generators.
Through IBEA, finance leaders generate revenue, reduce Cost of Goods Sold, improve margins and create financial stability for their suppliers.
IBEA enables self-funded dynamic discounting, using competitive market rates, to give cash injections to their suppliers when they need it. This approach helps suppliers avoid debt and costly and risky third-party lending, while generating revenue for the buyers through the program and creating more stability within their supply chain.
We recognize the negative effect late payments have on suppliers. So, we designed a solution that delivers a beneficial experience for both buyers and suppliers, driving down operational costs, reducing fraud and risks, strengthening supplier relationships, and increasing cashflow.
Why IBEA is Important?
Modernized AP departments through full automation.
Fraud prevention and operational efficiency with secure workflows.
Enhanced ROI by turning payables into a strategic financial tool.
Enhance supplier relationships with immediate fund access.
Vision
We envision to foster a robust and diverse private sector by transforming Accounts Payables into revenue generators.