{"id":14063,"date":"2023-11-21T14:40:52","date_gmt":"2023-11-21T09:10:52","guid":{"rendered":"https:\/\/razorpay.com\/blog\/?p=14063"},"modified":"2025-01-03T15:31:09","modified_gmt":"2025-01-03T10:01:09","slug":"cellbells-success-story","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/business-banking\/cellbells-success-story\/","title":{"rendered":"CellBell&#8217;s Success Story: Streamlined Vendor Payments with RazorpayX"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The year is 2020, and the pandemic is making everyone work from their homes. Suddenly, <\/span><span style=\"font-weight: 400;\">people need super-fast WiFi, comfortable tables and ergonomic chairs \u2013 to IT employee Pawan and his brother Chirag Demla, this was the opportunity of a lifetime.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He saw the gaps in the ergonomic office chair market \u2013 a slow, delayed supply chain and a lack of quality products.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus <a href=\"https:\/\/cellbell.in\/\" rel=\"nofollow noopener\" target=\"_blank\">CellBell<\/a> was born.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With CellBell, Pawan and his co-founders created the perfect set of office chairs for their fellow IT employees \u2013 a workforce of a whopping <\/span><a href=\"https:\/\/pib.gov.in\/Pressreleaseshare.aspx?PRID=1847841\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">5.4 million in India as of March 2023.\u00a0<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">They even featured on Shark Tank, and their popularity only exploded \u2013 their product was working, their <a href=\"https:\/\/razorpay.com\/learn\/what-is-a-business-model\/\">business model<\/a> was sound \u2013 everything seemed to be going great.<\/span><\/p>\n<p><b>But for business success, you need more than just a perfect product.<\/b><\/p>\n<h2><b>The Problems<\/b><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-14066\" src=\"https:\/\/d6xcmfyh68wv8.cloudfront.net\/blog-content\/uploads\/2023\/11\/s-solution.png\" alt=\"\" width=\"2401\" height=\"1369\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/s-solution.png 2401w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/s-solution-300x171.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/s-solution-1024x584.png 1024w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/s-solution-768x438.png 768w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/s-solution-1536x876.png 1536w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/s-solution-2048x1168.png 2048w\" sizes=\"auto, (max-width: 2401px) 100vw, 2401px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">No business can avoid dealing with vendors, and CellBell was no exception. They quickly realized they had to ensure a good relationship with their vendors if they wanted timely deliveries and happy customers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A big part of ensuring your vendors like you is making sure they are paid on time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The process of making these payments was extremely cumbersome. They had to fill out 30+ <a href=\"https:\/\/razorpay.com\/learn\/rtgs\/\">RTGS<\/a> forms per week and make sure these forms reached the bank before closing time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the bank, they\u2019d deal with long queues, paperwork and a complete lack of transparency \u2013 once the forms went to the bank clerk, there was no way to tell if the payment went through!\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Manual form entry leading to errors\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Having to follow inconvenient bank timings<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Having to physically submit forms at bank branches<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Lack of transparency \u2013 each payout had to be manually checked<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Server issues and downtime on online banking portals of traditional banks<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">With these problems came unhappy vendors, delayed deliveries and a drop in customer satisfaction.\u00a0<\/span><\/p>\n<h2><b>The RazorpayX Solutions<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">It was at this point that CellBell met RazorpayX.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-14067\" src=\"https:\/\/d6xcmfyh68wv8.cloudfront.net\/blog-content\/uploads\/2023\/11\/testimonial.png\" alt=\"\" width=\"2400\" height=\"1368\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/testimonial.png 2400w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/testimonial-300x171.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/testimonial-1024x584.png 1024w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/testimonial-768x438.png 768w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/testimonial-1536x876.png 1536w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/testimonial-2048x1167.png 2048w\" sizes=\"auto, (max-width: 2400px) 100vw, 2400px\" \/><\/p>\n<h3><b>Centralised Fund Management<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The first thing RazorpayX did for CellBell was offer one dashboard for everything money-related.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Before RazorpayX, CellBell managed multiple Current Accounts with different banks \u2013 for segmented information on revenue generated from different marketplaces.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Incoming and outgoing funds from every marketplace, be it Amazon or Flipkart, now went into one Current Account. The founders of CellBell now had the utmost clarity in their money management with this new centralized money management system.<\/span><\/p>\n<h3><b>Vendor Payments Optimization<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">With RazorpayX Vendor Payments and Payouts, CellBell made payments to their vendors on time, accurately and with full transparency.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As vendor trust improved, so did CellBell\u2019s credit limits and periods with vendors. This led to better money management and more money in the bank \u2013 which meant stable, healthy business expansion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Happy vendors deliver on time, and on-time deliveries make everyone happy.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-14065\" src=\"https:\/\/d6xcmfyh68wv8.cloudfront.net\/blog-content\/uploads\/2023\/11\/infographic.png\" alt=\"\" width=\"2400\" height=\"3196\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/infographic.png 2400w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/infographic-225x300.png 225w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/infographic-769x1024.png 769w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/infographic-768x1023.png 768w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/infographic-1153x1536.png 1153w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/11\/infographic-1538x2048.png 1538w\" sizes=\"auto, (max-width: 2400px) 100vw, 2400px\" \/><\/p>\n<div style=\"text-align: center;\"><a style=\"border-radius: 3px; background: #528ff0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/x.razorpay.com\/auth\/signup\/?r=blog_cta_business_banking_cellbell_testimonial&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener\">Supercharge your finances today. Check out RazorpayX!<\/a><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The year is 2020, and the pandemic is making everyone work from their homes. Suddenly, people need super-fast WiFi, comfortable tables and ergonomic chairs \u2013 to IT employee Pawan and his brother Chirag Demla, this was the opportunity of a lifetime. He saw the gaps in the ergonomic office chair market \u2013 a slow, delayed<\/p>\n","protected":false},"author":106,"featured_media":14133,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[27,131],"tags":[539],"class_list":{"0":"post-14063","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-banking","8":"category-customer-stories","9":"tag-testimonial"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/14063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/106"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=14063"}],"version-history":[{"count":2,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/14063\/revisions"}],"predecessor-version":[{"id":19886,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/14063\/revisions\/19886"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/14133"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=14063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=14063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=14063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}