{"id":2127,"date":"2020-03-20T10:49:18","date_gmt":"2020-03-20T05:19:18","guid":{"rendered":"https:\/\/rzpwp.blog\/?p=2127"},"modified":"2024-08-12T18:53:26","modified_gmt":"2024-08-12T13:23:26","slug":"early-settlements-cash-flow-working-capital","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/business-banking\/early-settlements-cash-flow-working-capital\/","title":{"rendered":"24x7x365 Settlements Even on Holidays – Never Run Out of Cash"},"content":{"rendered":"

What does a business need the most to scale and grow from one stage to the next? Customers? Of course! Employees? Sure. Continuous development of their offerings? The answers can be many. But one of the most important requirements is working capital.\u00a0<\/span><\/p>\n

Working capital is required for numerous reasons. And it is important because easy access to money for a business\u2019s day-to-day activities can help improve business convenience greatly. This was the primary reason behind the launch of our Early Settlements feature.<\/span><\/p>\n

While the Early Settlements<\/a> feature allowed businesses to receive funds on the same working day, there was still the need for them to get funds even on non-working days and in near real-time.<\/span><\/p>\n

And as usual, we have become the first to solve this problem as well with 24x7x365 On Demand Early Settlements. With this feature update, businesses can now get their funds on any time of the day, any day of the year, even on weekends and bank holidays<\/a>. And that too at a very nominal fee.<\/span><\/p><\/blockquote>\n

The feature will allow businesses to get easy and early access to their money, reducing their daily cash crunch for any kind of operational or non-operational needs, and allowing for better management of inventory and stock.<\/span><\/p>\n

Currently, businesses can trigger \u201cOn-Demand Settlements\u201d at any time from their Razorpay dashboard<\/a> by clicking on \u201cSettle Now\u201d under the Settlements Tab. In case you don\u2019t see the option, you can reach out to our support team.<\/a><\/span><\/p>\n

Continue reading further to understand how Razorpay Early Settlements work.<\/span><\/p>\n

What is Razorpay Early Settlements?<\/span><\/h2>\n

With Early Settlements, you get access to your funds on the same day instead of your traditional or default settlement cycle. Razorpay Early Settlements helps you reduce your settlement period from T+2 days to within a few minutes (from the time of transaction), thus enabling your business to avoid cash-flow challenges and prepare better for working capital requirements.\u00a0<\/span><\/p>\n

\"razorpay<\/a><\/span><\/p>\n

A ready inflow of cash that will help you amplify your business, and meet day-to-day cash requirements without any hassles.\u00a0<\/span><\/p>\n

What are the benefits of Early Settlements for your business?<\/span><\/h2>\n