IMPROVE YOUR CASH VISIBILITY AND FORECASTING

AUTOMATE YOUR ORDER TO CASH

TURN YOUR PURCHASE ORDER AND INVOICE INTO A DIGITAL ASSET

InBlock is a digital asset servicing platform for corporations, banks, and insurance companies. InBlock turns a manual, resource intensive asset such as a Purchase Order or Invoice into a digital asset that can be serviced in one solution. InBlock provides transparency to the asset by leveraging blockchain technologies to create a private permissioned workflow engine integrated with smart contracts and APIs.

MATURITY MODEL: ORDER TO CASH

One of the hardest jobs of a Corporate Treasury team is managing their cash forecast and liquidity position. Corporate treasury functions typically manage hundreds to thousands of bank accounts globally, spread across multiple banking partners, supporting different currencies and carrying the burden of managing country tax and legal rules that govern the movement of cash. As they work through the complexity of the banking footprint, Treasury teams also balance the complexity that comes with consolidating forecasted cash flows globally from their AR, AP, Intercompany and Tax teams. This data represents a point in time view with significant inaccuracy driving cash forecasts on average to be off by over 50% with most Corporates.

Many times, the upstream processes are run by different stakeholders outside of Treasury. InBlock connects the order-to-cash process through one single platform that digitizes the purchase order or invoice and turns it into a digital asset. This is important because the digital asset can now be governed by the digital ingestion of contract terms, it can be considered for monetization programs to improve working capital and it exposes a shared asset to permissioned parties for visibility to the record. The Corporate Treasurer and CFO can also take advantage of the digital cash flows that carry the rich asset history enabling certainty for the cash forecast for any InBlocked flows.

We invite you to come try the product and align on a shared business case that improves your transparency to the assets, automates historically manual processes, improves your working capital, increases the accuracy of your cash forecast and aligns well with your digital agenda.

DIGITAL AGENDA

InBlock supports the CFO and Treasurer’s digital agenda by leveraging contemporary technology to transform a physical, manual asset into one that can be digitally optimized. By transforming the asset, it now enables shared visibility to stakeholders across the order to cash process and also enables a frictionless exchange of the asset onto monetization platforms.

LIQUIDITY MANAGEMENT

InBlock leverages sophisticated technology to detect and integrate fragmented cash flows associated with the asset.  By doing so, the CFO and Treasurer benefit from certainty around their forecast and enable the ability to model the cash flows to yield improvements in their liquidity management.

OPERATIONAL BENEFITS

Corporates often have operational infrastructure that is manually intensive and built off of disconnected systems. InBlock was built with a focus of driving improvements in the operational management of these assets delivering improvements in security, shared visibility to the asset and a reduction in resource-intensive tasks such as chasing the status of an asset or managing a dispute.

Customers that have onboarded with InBlock say they achieve a 3-5x ROI by digitizing their order to cash process.

THE DIGITAL ASSET SERVICING PLATFORM

Learn more about the four InBlock modules: Order Management, Invoice Management, InMatch, and Cash Forecasting.

WORKING CAPITAL SOLUTIONS

The LiquidX 360 platform is the most advanced solution in working capital and trade finance, featuring seamless access to Accounts Receivable and Supply Chain Financing, as well as Trade Credit Insurance in a single intuitive interface.

A/R & SUPPLY CHAIN FINANCING

Transact in Account Receivable and Supply Chain Financing by accessing the 40+ funders on the LiquidX network, or bring your own relationship banks.

TRADE CREDIT INSURANCE

LiquidX provides the first-of-its-kind electronic insurance marketplace for trade credit insurance, offering multi-broker, multi-carrier & multi-policy holder capabilities.

RISK MGMT. AND BUSINESS INTELLIGENCE

The LiquidX 360 interface includes a Position & Risk Monitor to manage aggregate portfolio risk in real-time, as well as custom reporting and BI.

OUR CUSTOMERS

CORPORATES

Delivers a 3-5x ROI enabling the Treasurer to reduce manual cost in managing cash forecasts, improve working capital through integrated data modeling, centralizes visibility for stakeholders and customers to the status of the asset.

INSURERS

Increase premium revenue by digitizing the entire insurance lifecycle and optimizing the use of credit lines.

FINANCIAL
INSTITUTIONS

Digitize trade finance, insurance and loans to remove processing pain for the middle and back office.

OUR PARTNERS

A leader in supply chain innovation

Strategic services provider

FREQUENTLY ASKED QUESTIONS

What is InBlock?

InBlock is a digital asset servicing platform for corporations, banks, and insurance companies. InBlock empowers the Corporate Treasurer with a holistic solution designed to support all corporate assets including Invoices and Purchase Orders. InBlock offers Order Management, Invoice Management, InMatch and Cash Forecasting in one integrated solution. InBlock leverages blockchain technologies to create a private permissioned workflow engine integrated with machine learning, smart contracts, and APIs.

Why was the InBlock platform created?

At LiquidX, our corporate clients were spending significant time and money managing legal documentation and financial records stemming from invoices, purchase orders, loans and insurance policies.

We built the InBlock platform to simplify the process and reduce the effort required to manage these corporate assets through digitization. In doing so, the corporate treasurer can better track the lifecycle of the asset, reducing manual processing, single use platforms and improving cash forecasting.

What problems is InBlock addressing?

For years we’ve heard from our corporate treasury clients describe their challenges around transactional latency, data accuracy, and threading of events and cash flows through the lifecycle of the corporate asset. That’s why we built InBlock to increase efficiency through automation, while greatly enhancing the treasurer’s ability to manage, track, analyze, and forecast their payments and cash flows via a cutting-edge digital asset servicing platform.

InBlock’s main competitor is email and Excel.  Most corporates have Enterprise Resource Planning (ERP) and Treasury Management Systems (TMS) but there sits a spot in the middle in both the Order to Cash, Source to Pay and Intercompany processes that is flooded with email, spreadsheets and single use systems to complete the process.  InBlock will digitize and connect the data across these processes also enabling a shared view for any participants in the relationship.

How does InBlock improve the corporate treasurer’s workflow? 

InBlock digitizes the Order-to-Cash process, simplifying the workflow and giving heightened transparency into the fully lifecycle of the corporate asset. By digitally recording all actions taken against an asset, InBlock carries “trusted cash flows” into the forecasting model to improve accuracy and enable the corporate treasurer the ability to reduce their liquidity buffer. InBlock is also seamlessly linked to  LiquidX 360 and other monetization platforms where the “InBlocked” asset can be financed for working capital benefits.

How does InBlock fit into current corporate treasury ecosystems?

InBlock spans across the order-to-cash process digitizing the purchase order and invoice and providing visibility to the asset to all stakeholders. InBlock integrates through EDI messaging and APIs with ERPs, Treasury Management platforms and Banks.

Does InBlock facilitate working capital financing?

InBlock seamlessly links to LiquidX 360 and other monetization platforms for financing and insuring of the Treasurer’s portfolio. InBlock eliminates the friction by delivering the digital asset to the monetization platform while also recording the cash flows to enhance automation in the cash forecast.

Is InBlock available for use today?

Yes, the platform is live with our strategic partner Flex.

What is the pricing model for InBlock? How do you charge for your services?

We offer two pricing models for our InBlock customers: Volume Pricing and Modular Pricing.

How much do your customers save by implementing InBlock?

InBlock offers a hosted solution that allows a Corporate to immediately onboard and yield benefits. This includes standard API connectivity to the banks, API connectivity with the LQX platform and standard EDI and API integration for Order and Invoice Management. The implementation timeframe can vary depending on the complexity of the Corporate however, InBlock was designed to allow an iterative onboarding process to allow benefits to be realized immediately.

How does your solution compare to others in the space?

We offer the only solution that allows customers and suppliers into a single common tool. This shared visibility is enabled through a permissioned workflow built on blockchain technology and provides the ability for both parties to update the asset over the full lifecycle (in the case of disputes and resolutions).

InBlock differentiates from competitors by:

  • Digitizing the asset from order entry to cash, reducing manual touch-points and single-use platforms.
  • Providing frictionless transfer of digitized assets to monetization platforms.
  • Threading of cash flows to improve cash flow certainty
  • Integration with real-time APIs.

Our solution is built on our next-generation architecture, offering significantly lower cost and lead-time for developing new upgrades and features.

Do you offer white-labeling of InBlock?

Yes, we offer a white-label deployment of InBlock for banks to digitize their back-office processes. Banks can further white-label InBlock to offer to their corporate clients as a service.

Who will InBlock partner with around implementation?

We will integrate with ERPs and TMS systems and will look to banks and consulting firms as partners.

ABOUT US

InBlock is a digital asset servicing platform for corporations, banks, and insurance companies. InBlock empowers the Corporate Treasurer with a holistic solution designed to support all corporate assets including Invoices and Purchase Orders. InBlock offers Order Management, Invoice Management, Reconciliation and Cash Forecasting in one integrated solution. InBlock leverages blockchain technologies to create a private permissioned workflow engine integrated with machine learning, smart contracts, and APIs.

At LiquidX, we’ve spent the last four years providing industry-leading technology solutions for corporate treasurers to maximize their working capital. The clients on our LiquidX 360 platform were spending significant time and money managing legal documentation and financial records stemming from invoices, purchase orders, loans and insurance policies.

We built the InBlock platform to simplify the process and reduce the effort required to manage these corporate assets through digitization. In doing so, the corporate treasurer can better track the lifecycle of the asset, reducing manual processing, single use platforms and improving cash forecasting.

JOIN OUR GROWING INBLOCK TEAM

We seek driven people who are innovative, creative and can bring unique perspectives to our powerful combination of market professionals and exceptional developers. If you are proactive, have an entrepreneurial spirit and are a revolutionary thinker, InBlock may be the place for you. Interested? Contact us at info@inblock.com.

LEARN MORE ABOUT THE INBLOCK ADVANTAGE

Tel: +1 (347) 859-8068.

Email: info@inblock.com

285 Madison Avenue
14th Floor
New York, NY 10017

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