Case Study: Vramp Automation improves cash flow agility with Mynd

Vramp Automation speeds cash flow with Mynd as receivables stretch 45–60 days

Vramp Automation, a provider of comprehensive automation solutions, faced significant cash flow challenges due to a slow bill discounting process and extended receivables cycles of 45-60 days. These hurdles limited their access to working capital and threatened to impede the company's growth. To overcome this, they partnered with the vendor Mynd and its service, M1xchange TReDS.

Mynd implemented its TReDS platform to streamline Vramp Automation's financial operations. The solution provided the company with faster access to working capital by accelerating the bill discounting process. This improved their financial agility and supported their high growth within the dynamic automation industry.

Vramp Automation