Turn Your Order or Invoice into a Digital Record

 

Reduce the Cost of AR and AP

 

Improve Your Cash Conversion Cycle

Say Goodbye to Manual AR and AP

InBlock uses the latest tech – including machine learning, repetitive process automation, and blockchain – to digitize and optimize working capital management. 

Connect and automate your entire financial supply chain to reduce the cost of accounts receivable and accounts payable, improve the cash conversion cycle, and reduce fraud risk.

Our flexible structure lets you deploy one module or our entire comprehensive suite for Order Management, Invoice Management, Invoice Finance, Reconciliation, and Cash Forecasting.

Our Customers

Companies

Gain a 3-5x ROI by lowering your cost of accounts receivable and accounts payable, improving the cash conversion cycle, and reducing fraud risk

Financial Institutions

Digitize middle and back office processes to run trade finance operations more efficiently and source secure assets through Blockchain visibility.

Trade Credit Insurance

Improve access to coverage and enhance compliance with the industry’s leading digitization solution for policy quoting and management.

End-to-End Working Capital Optimization

Digitize, automate, and optimize all Order-to-Cash and Procure-to-Pay processes.

Our Partners

A leader in supply chain innovation

Strategic services provider

One Connected Network

InBlock integrates with the LiquidX 360 platform for buying, selling, and insuring working capital.

A/R & Supply Chain Financing

Transact in Account Receivable, Inventory, and Supply Chain Financing by accessing the 50+ funders on our 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-policyholder capabilities.

Business Intelligence

Manage aggregate portfolio risk in real-time and deliver custom reporting and business intelligence with our Position & Risk Monitor.

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.

Frequently Asked Questions

What is InBlock?

InBlock digitizes and connects the entire working capital, trade finance, and trade credit insurance ecosystem – removing manual processing, connecting disjointed activities, and speeding access to cash. Corporate finance department use InBlock to deliver optimization at every step of the Order to Cash and Procure to Pay process, providing unprecedented visibility to participants on both sides of a transaction. This eliminates manual process internally as well as the back and forth between buyers and suppliers.

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 our corporate treasury clients describe their challenges around the lack of transparency, data accuracy, and disconnected processes through the payment lifecycle. That’s why we built InBlock to increase efficiency through automation, while greatly enhancing the ability of AR, AP, and treasury  to manage, track, analyze, and forecast their payments and cash flows.

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 digitizes and connects 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 and Procure to Pay processes, simplifying the workflow and giving heightened transparency into the full payment lifecycle for both sides of a transaction.  By digitally recording all actions, InBlock carries “trusted cash flows” into the forecasting model to improve accuracy and enable companies 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 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 insurance. InBlock eliminates the friction by delivering invoices 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 companies to immediately onboard and yield benefits. This includes standard API connectivity to the banks, connectivity to the LiquidX monetization services  and standard EDI and API integration for Order and Invoice Management. The implementation timeframe can vary depending on the complexity of the client’s needs. 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 make updates over the full lifecycle, such as in the case of disputes and resolutions.

InBlock differentiates from competitors by:

  • Digitizing working capital from order entry to cash, reducing manual touch-points and single-use platforms.
  • Providing frictionless transfer of working capital 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 digitizes and connects the entire working capital, trade finance, and trade credit insurance ecosystem – removing manual processing, connecting disjointed activities, and speeding access to cash. Corporate finance department use InBlock to deliver optimization at every step of the Order to Cash and Procure to Pay process, providing unprecedented visibility to participants on both sides of a transaction. This eliminates manual process internally as well as the back and forth between buyers and suppliers. 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 working capital through digitization. In doing so, the corporate treasurer can reduce manual processing and improve the cash conversion cycle.

We’re Ready to Talk

Tel: +1 (347) 859-8068

Email: info@inblock.com

285 Madison Avenue
14th Floor
New York, NY 10017

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