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Mumbai based PayMate offers a cloud-based platform that helps large enterprises and SMBs transition from traditionally slow and costly forms of payments such as cash and cheques to real-time digital payments. It digitises their entire procurement-to-payment cycle, thereby improving an overall efficiency and saving over 50% in time, efforts, resources and costs. The platform provides a comprehensive digital workflow tied to payments which enable greater control and transparency, along with better cash flows and end to end reconciliation for corporates in closed loop supply chains.