GLOBAL PAYEX INC
“ That ' s what I specialise in ,” Naru says .
“ Essentially taking concepts that are semiproven with an initial customer base and just multiplying it by 100 , by 1,000 . That ' s what I love doing , so that ' s why I came to Global PayEX .”
NARAYAN RAMAMOORTHY
TITLE : CHIEF REVENUE OFFICER INDUSTRY : FINANCIAL SERVICES LOCATION : UNITED ARAB EMIRATES
Solving unique challenges across both AR and AP The company ’ s platform can be thought of as two separate ‘ halves ’, one for AR and one for AP . It plugs into a company ’ s ERP ( that integration is the only part where custom code is required ) meaning the interface can be customised to the client ’ s accounting rules in their ERP – across all major ERPs like SAP , Oracle , Microsoft , and others .
On AR , Global PayEX provides two core digital platforms – electronic invoice presentment and payment ( EIPP ) and reconciliation ( cash application automation ). On the EIPP platform , Freepay™ , end customers can view invoices and credit / debit notes , make payments and deductions , view statements , and EIPP automates the accounting entries posting into the seller ’ s ERP . The reconciliation platform , AlgoriQ™ , automates document reading such as remittance / payment advice and bank statements , and automates reconciliation and posting to the ERP ( automated accounting ). A key area of focus
2018 Year founded
140 +
Number of employees
EXECUTIVE BIO
Naru specialises in business process transformation leveraging technology , process , operations , and market needs . He brings over two decades of experience in scaling businesses and P & Ls across most continents ( the US ; UK and Europe ; India , Asia and GCC ; Africa and Australia ).
He has held leadership roles in industries ranging from payments , banking and financial services and retail in organisations like Wipro , Tesco , Thomson Reuters , and MphasiS .
He holds an MBA degree from the Indian Institute of Management , Calcutta and a Computer Science engineering degree from VJTI , Mumbai .