Skyscend Inc., a US-headquartered fintech company has joined hands with OMG Group as the marketing and technology partner. The fintech startup, having offices in India and Canada, offers a one-stop solution for invoice automation, e-invoicing, e-way billing and working capital solutions.
The collaboration of Skyscend India with the Bangalore based AdTech companies is aimed to transform the modern-day business landscape.
“We are glad to partner with a team which walks on the lines of offering innovative solutions and this is only the beginning of the journey of creating some milestone success. Skyscend is here to make the procurement business easy, transparent and painless with their intelligent e-invoicing solutions, and we are glad to associate as the technology and marketing partner in this voyage.” Ashish Bhat, (Founder & CEO, OMG).
Skyscend vouches for a ‘new generation of frictionless invoicing’ and has made an incredible journey so far. The company has very recently announced closing a seed capital round after raising $1.9M, which would be leveraged to scale Skyscend’s infrastructure and product distribution to U.S. and international customers.
As the founder and president of the company, Chaya Gangadarappa states, “We built a product that is easy, painless and transparent. The vision is to reach out to every country in the world, and serve all the small businesses.”
Skyscend employees the power of Artificial Intelligence, Blockchain and Cloud (ABC) to automate accounts payable, improve supplier management and simplify GST e-Invoicing Process. In the words of Michael Kodinsky (CEO, Skyscend), “We are here to bring it all together, all the things that goes in between the sale back and forth, the paper trails, the invoicing and make it simpler, cheaper fast and more efficient. It is an incredible tool.”
The Indian market is surely transcending through a technological revolution, but to penetrate it to the core can still be a Herculean task.
“E-invoicing help businesses submit B2B invoice efficiently, and currently businesses with an annual turnover of more than 50 Cr are required to adopt e-invoicing. Thus, the aim of this partnership is to reach out to the businesses and the enterprise professionals such as the CAs and acquaint them with the procurement process which is innovative and customer-centric”, Saish Desai (Head of Operations, OMG).
With OMG as their partner, Skyscend looks forward to scaling the right marketing strategies and technical support abilities, eventually reaching out to the right prospects in the national and international trade spectrum.