Knight Utopia SCF is a cutting-edge supply chain finance (SCF) platform developed by Knight FinTech. It empowers financial institutions and businesses to streamline operations, optimize cash flow, and drive growth through a comprehensive digital ecosystem. The platform facilitates collaboration, transparency, and efficiency across the supply chain, redefining SCF in the digital age. Knight Utopia SCF supports a wide array of financing products and asset classes, offering unmatched coverage for diverse investment objectives. It is designed to deliver measurable results, including reduced invoice processing time, improved Days Payable Outstanding (DPO), and low default rates.

Features

• Onboarding: Effortless initiation of participants into the SCF ecosystem.
• Invoice Financing: Digital submission of invoices via a user-friendly interface.
• Invoice Payout: Rapid fund distribution to approved invoices or participants.
• Repayment: Streamlined settlement of financing obligations.
• Communication Tools: SMS and email notifications.
• Payment Integration: NACH/PG registration and repayment.
• Tax Compliance: GST and e-Invoice integration.
• Flexible Payment Options: Pre-payment, part-payment, interest refund.
• Invoice Processing: Support for backdated and future-dated invoices.
• Reporting Suite:
  • Limit Report
  • Disbursement Report
  • Repayment Report
  • Portfolio Report (Loan-wise current outstanding)
  • DPD Report (Overdue bucketing) Supported Products
• Supplier Finance / Post Shipment Finance
• Payable Finance
• Receivable Finance
• Pre-Shipment Finance / PO Finance
• Dealer / Distributor / Channel Financing

Benefits

• Operational Efficiency: 50% reduction in invoice processing time.
• Risk Management: Default rate maintained below 1%.
• Scalability: Supports 10+ product types and asset classes.
• Client Impact: 24 active clients and 15% average DPO improvement.
• Transparency & Control: Comprehensive reporting and real-time tracking.
• User Experience: Intuitive interface and seamless onboarding.
• Financial Inclusion: Enables broader reach and collaboration across supply chains.