Everyone lifts and shifts. We lift and transform.
Payables owned end to end. APX is AP Tech: technology, intelligence, workflows, and operational expertise in one system. Most AP vendors sell you software and leave the work with you, and where a back office is claimed it's usually rented: white-labelled capacity, someone else's people wearing their badge, your process moved as-is with the inefficiencies included.
MYND's back office is our own: 2,500+ professionals, in-house, running finance operations for 25 years across 30+ industries. They don't relocate your process. They transform it.
- 2,500+in-house professionals
- 25years in finance operations
- 30+industries served
What ownership actually changes.
Two decades of running other companies' payables taught our teams what a well-run operation looks like. These are the four numbers that ownership moves.
You choose how much of it you take.
APX stands on its own as a product, or ships with our people behind it as the full P2P solution. That's the difference between helping you improve your back office and delivering an improved one.
Others refer you to financing. We own the rails of Supply-Chain financing.
Every AP vendor now mentions supply chain financing. Listen carefully and they mean a referral: they introduce you to a lender, and your real work begins, finding banks willing to participate, posting security, getting vendor risk assessed, watching mandates stall instead of scale.
Domestic
M1xchange, the group's RBI-licensed TReDS exchange, where 80+ financiers bid competitively to finance approved invoices. Over ₹2,65,000 crore discounted to date.
International
M1 NXT, the group's IFSCA-regulated platform at GIFT City, bringing foreign-currency financing to cross-border trade through export and import factoring.
Internal
Your own surplus cash, deployed against approved invoices. A full programme in its own right, and the subject of the next section.
The MYND group is not integrated with a financing ecosystem. It is one.
The financiers are already on the platforms, and they bid against each other, so the rates stay competitive. Your vendor base becomes financeable without you adding a single lender relationship or posting security to get a programme moving.
Because the rails sit under the same roof as the system of record, APX can answer the questions that decide working capital: when to pay, when paying early earns a discount, and when financing beats your own cash. An invoice that clears APX is captured, matched and compliant, which is exactly the state an invoice must be in to be financed. Approved in APX means financeable through the group. And once payment flow is on time and transparent, banks can finance the supply chain far more efficiently.
Earn as you pay.
Your payables ledger holds money you're leaving on the table: every approved invoice sitting idle until its due date is a discount you didn't capture. Dynamic discounting captures it.
The discount slides with time. You pay selected vendors early from your own surplus cash, and they grant a discount that slides with time. Pay 40 days early, earn more. Pay 10 days early, earn less.
Your money, not a bank's. No lender, no facility, no security. The savings land on your bottom line as reduced cost, and the return typically beats what treasury earns on that cash.
A programme, not a checkbox. Most vendors list dynamic discounting in a feature table. We run it as a programme: embedded in the process, working the discount window invoice by invoice.
Approval speed opens the window. Discounting lives or dies on approval speed: no approved invoice, no discount window. APX opens the window; the programme earns from it.
/ Backed by the MYND group's early-payment ecosystem
Your AP function stops being purely a cost centre.
MYND runs the programme, backed by the group's early-payment ecosystem, and the money movement stays exactly where it always was. APX posts ready-to-pay invoices to your ERP, which executes the payment, and the bank confirms. Early payments and financed invoices settle through that same boundary.
Compliance at every step. Including your vendor compliance.
Compliance isn't a module you switch on. It's how the engine executes, integrated at infrastructure level with the GST network through authorised GSP and ASP channels, so checks run against live government data, not stale masters.
GSTIN validated at onboarding. Checked against the GSTN before the vendor form will submit, so a typo never becomes a compliance failure at invoice time.
Bank details verified through penny drop. Money never leaves against an unverified account. PAN is validated with NSDL, CIN with the MCA and MSME status with Udyam.
E-invoice proof verified. The invoice reference number and its signed QR code are checked, so only genuine e-invoices flow through.
Tax split reconciled to the paise. The CGST, SGST and IGST break-up is recomputed and matched on every line before an invoice is cleared for payment.
The MSMED 45-day clock runs itself. Every registered small supplier carries a live countdown against the statutory window.
Compliance enforced by liquidity, not just alerts.
An invoice approaching its 45-day limit can be financed through the group's rails at minimal cost, so MSME suppliers get paid inside the statutory window even when your cash timing says otherwise.
The stakes are bigger than one clause. 32-40% of a large corporate's payables are MSMEs, and paying them on time is a national objective the government is actively pushing. Transparent, on-time processing directly serves that objective.
Your books compliant. Your vendor base compliant beneath them.
Under principal employer obligations, your vendors' lapses become your liability. VendorX, MYND's digitised vendor audit platform, runs periodic digital audits, tracks statutory records and licences, scores risk, and puts it all on a real-time dashboard, with documents retrievable in minutes when an inspector asks.
The integration is already built. VendorX connects into APX through APIs and a common master data layer, whenever you want that view in one place.
The vendor experience your team stops managing.
The self-service vendor portal handles onboarding and verification on its own: digital KYC, auto-verification of PAN, GST and bank details, and real-time status on every check. The result is a 70% reduction in vendor queries reaching your team.
Every payable, one ecosystem.
Rent is a payable. Leases are payables. Petty cash and branch expenses are payables.
Each category has its own rules, its own compliance burden, and its own way of escaping central control. Most vendors leave you stitching point tools together to cover them.
APX
Runs vendor payables, from capture to payment.
MYNDLeaseX
Runs lease and rental payables end to end. Ind AS and IFRS calculations automated at individual lease and entity level, the full lifecycle managed from MoU to termination.
MYNDSpendX
Runs branch and petty cash spend, the payables that scatter across locations and vanish from view.
One partner, accountable across every category of payable.
All three are built by MYNDX, MYND's product unit, purpose-built for Indian compliance and multi-location operations, and all three connect to the ERPs you already run with no rip-and-replace.
Enterprise-Grade AP, Without the Complexity
Capability shouldn't mean a multi-year implementation, and control shouldn't mean compromise. You get the depth of an enterprise platform at point-solution speed.
Process knowledge, not a blank platform
We map how payables actually run in your house first, so the engine fits your process rather than forcing you into ours.
Configurable, and deployed your way
Approval paths, thresholds and rules bend to your policy without forced templates, and APX fits your architecture and your governance requirements.
Standard rollout in 8 weeks
Pre-built rollout templates power the standard path. Configurability means you aren't locked into them: speed for the standard, flexibility for the specific.
And not an enterprise-only story.
MSMEs from ₹100 crore turnover onwards find value here, and the sweet spot is ₹100-500 crore companies. The case is savings-funded: the business savings the tool creates fund it, starting with complete visibility of every invoice you process, complete invoice capture, and zero double payments.
For this segment, APX is the product on its own; you choose how much of it you take. And setup moves fast: an invoice-ingestion queue is configurable in under 30 minutes, versus the 2-3 weeks such setups took historically.
Pay for Only What You Process.
A volume-based subscription: a predictable monthly or annual fee scaled to the invoices you process. No per-seat fees, no hidden implementation charges, no upgrade cycles. Per-seat models, module-by-module licensing and FTE-based contracts all penalise growth; this one scales with it.
No per-seat fees
Add reviewers and approvers without a bigger bill. The price doesn't grow with your headcount.
No hidden implementation charges
Onboarding, migration and configuration are scoped honestly up front, not billed as a surprise later.
No upgrade cycles
You're on the current engine by default. No version treadmill, no paid jump to keep up.
Scale AP, Not Software Spend.
The guarantee is structural, not statistical.
You pay for only what you process, so cost scales with delivered work by design. The returns are hard money: every invoice captured, zero double payments, working capital decided on live data, and discount income out of your own payables. Our experts absorb the exceptions your team used to chase, so the capacity comes back too. We don't quote one number, because a number would shrink the guarantee to one dimension; the mechanism defends it across all of them.
Start with the category that hurts most. Widen on evidence.
Click through the live product yourself, or book a working session on your own payables flow. You keep the sign-off, the audit trail and the money movement at every step.