Receivables & Payables for
financial management
Comprehensive solution that streamlines tracking, approval and management of both incoming and outgoing payments within your partner ecosystem.
For vendors
Streamlined processes with automated workflows and improved accuracy.
For Partners
Transparent tracking with faster processing and self-service options.
For Management
Financial control with data-driven decisions and risk mitigation.
| Purpose | MDF Request | Type | Approver | Copied To | Added by | Added On | Approval Status | Options |
|---|---|---|---|---|---|---|---|---|
| MDF – Q2 Campaign Credits | REQ-1432 | Receivable | Priya Raman | Finance Ops | Alex Chen | 2025-03-02 | Pending approval | |
| Program Fees – Renewal | REQ-1398 | Receivable | Ishan Gupta | RevOps | Maya Lee | 2025-02-24 | Approved | |
| Event Sponsorship | REQ-1250 | Payable | Nora Ellis | Partner Team | Ivy Tran | 2025-02-20 | Pre-approved | |
| Professional Services – Implementation | REQ-1380 | Payable | Devon Brooks | Accounting | Samir Rao | 2025-02-28 | Pending approval | |
| Consumption Credits – AWS Marketplace | REQ-1182 | Receivable | Chris Park | Finance Ops | Leo Martinez | 2025-02-15 | Approved | |
| Third-Party Services – Integration | REQ-1199 | Payable | Megan Cruz | Accounting | Sarah Young | 2025-02-12 | Approved |
Core capabilities
Track · Approve · Manage · Report
Dual Functionality
Track money owed to your organization (Receivables) and manage money your organization owes to partners (Payables) with seamless MDF integration.
- Manage receivables and payables
- Seamless MDF integration
- Unified financial view
Request Lifecycle Management
Draft mode for creation, submission for approval, multi-level approval workflow and real-time status tracking throughout the process.
- Draft, submit and approve workflow
- Multi-level approval chains
- Real-time status tracking
Financial Management
Multiple currency support, percentage-based calculations, quantity and value tracking and comprehensive purpose categorization.
- Multi-currency support
- Flexible calculation options
- Purpose categorization
Transaction types
Predefined Purpose Categories
Consumption Credits
Professional Services
Coupons/Vouchers
Program Fees
Third-Party Services
Software Licenses
Online/Offline Events
Miscellaneous
Essential modules
Complete workflow management
Request Creation
Purpose selection from predefined categories, financial details with currency specification, percentage values, quantity and unit value tracking and CASH/NON-CASH categorization.
Approval Workflow
Configure custom approval chains with multi-level approvals, temporary delegation capabilities, complete audit trail and automated notification system for pending actions.
Partner Integration
Link requests to specific partner relationships, share with team members, collaborate effectively and maintain granular visibility controls.
Reporting & Analytics
Custom filters by type, status, vendor and partner. Export to CSV, comprehensive financial reports for accounting and detailed analysis.
Why Receivables & Payables
Benefits & best practices
For Finance Teams
Streamlined processes with automated workflows, improved accuracy to reduce errors, better compliance with audit-ready records and enhanced visibility into financial obligations.
Standardize Processes
Create templates for common transaction types, establish clear approval hierarchies and set up automated notifications and reminders for efficiency.
For Partners
Transparent tracking with clear payment status visibility, faster processing with reduced approval cycles, self-service options and improved cash flow with predictable schedules.
Regular Reconciliation
Schedule periodic financial reconciliations, address discrepancies promptly and update records as needed for accuracy.