Uncia Wins Best Supply Chain Finance Implementation Award at IBS Intelligence Global FinTech Innovation Awards 2024
Uncia, a leading enterprise application software company based in Chennai, India, has been recognized with the prestigious Best Supply Chain Finance Implementation award at the 6th edition of the IBS Intelligence Global FinTech Innovation Awards 2024. This award highlights Uncia’s exceptional project implementation in transforming a leading Indian NBFC’s supply chain finance infrastructure.
The award-winning project, powered by UnciaFlow, showcased a complete migration to a next-generation digital ecosystem. This innovative solution, built on a microservices architecture, featured a powerful Business Rule Engine and Validation Management, along with Uncia Studio for user-driven configuration. The deployment of Robotic Process Automation (RPA) resulted in instantaneous fund transfers, faster cash flows, and significant reductions in lead times for bulk invoice processing.
Nikhil Gokhale, Director of Research & Digital Properties at IBS Intelligence, commended Uncia for their outstanding achievement in winning the Best Supply Chain Finance Implementation award. He emphasized the transformative impact of Uncia’s solution on operational efficiency and customer retention in the banking industry.
Hari Padmanabhan, Chairman of Uncia, expressed deep gratitude for receiving the award, highlighting the company’s commitment to reshaping supply chain finance in India. Uncia’s dedication to innovation and user-centric design has set new benchmarks in automation and efficiency, empowering clients to achieve sustainable growth.
Uncia’s success at the Global FinTech Innovation Awards underscores their position as a leader in fintech innovation, enabling financial institutions to deliver unparalleled value to their stakeholders. To learn more about Uncia and their transformative solutions, visit their website at https://www.uncia.ai/.
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