The Challenge: Complex Reporting in a Global Finance Operation

XPay Checkout, a fast-growing fintech managing international transactions and payment settlements for Indian exporters, was thriving.
Hundreds of businesses depended on XPay to process, reconcile, and report collections from multiple marketplaces and currencies.

But as transaction volumes grew, financial reporting became a major challenge. Every region operated on different systems, settlement timelines, and currencies.
The finance team had to manually combine data across spreadsheets, ERP extracts, and partner portals just to create basic monthly MIS reports.

It worked — but it wasn’t sustainable.

Each month-end close felt like a marathon:

• Consolidating revenue across dozens of PSPs and banks,
• Normalizing data for FX gains and fees,
• Reconciling settlements vs. ledger entries,
• Preparing MIS dashboards manually in Excel or Power BI.

By the time reports were ready, decisions were already weeks behind.
This lag hurt visibility, forecasting, and confidence.

The leadership team at XPay turned to Norbit AI to automate both closing and MIS reporting — creating a scalable foundation for global finance operations.

The Turning Point: Building an Intelligent MIS Layer with Norbit AI

Norbit’s team worked closely with XPay’s controllers and FP&A analysts to design a custom Finance Intelligence Platform.
The goal was simple yet ambitious: create a single, AI‑driven layer that automates the close, generates MIS instantly, and scales across currencies, books, and regions.

Key MIS Systems & Features Implemented:

1. Revenue Intelligence System
   Automated tracking of gross and net revenue across PSPs, marketplaces, and currencies.
   AI reconciled daily collections with ledger entries and detected anomalies automatically.

2. Margin Analytics Dashboard
   Consolidated FX spreads, fees, and commissions into real-time profitability views per product, country, and payment partner.

3. Treasury Visibility System
   Real-time monitoring of inflows, pending settlements, and currency exposures—integrated directly with banking APIs.

4. Receivables & Payout Tracking
   Automated reconciliation of receivables aging, settlement lags, and payouts, providing CFOs with early visibility into working capital movements.

5. Close Automation Engine
   Norbit AI’s core automation engine reduced reconciliation and consolidation time by more than 75%, producing trial balances that tied perfectly with settlements.

The Impact: From Data Chaos to Continuous Insight

Within a quarter of implementation, XPay’s finance team moved from reactive reporting to continuous financial visibility.

Key Outcomes:

• MIS in Real Time: Dashboard generation that once took 3–4 days now happens on demand within minutes.
• 75% reduction in month-end close time through automated reconciliations and reporting.
• Multi-currency clarity: All reporting standardized across USD, GBP, AED, and INR with real-time FX adjustments.
• Enhanced Decision Agility: CFOs now make pricing, payout, and funding decisions using live dashboards.
• Scalable Infrastructure: The same team now supports 2× the client load without increasing headcount.

“Before Norbit AI, reporting was a race against time. Now, we see our complete financial picture as it happens.”
— Finance Head, XPay Checkout

Scaling Finance with Norbit AI

As XPay Checkout continues to expand its cross-border network, its finance operations are now built for scale, speed, and clarity.
By unifying data from multiple sources and automating MIS generation, Norbit AI helped XPay turn complex reporting into continuous insight—transforming their finance function into a real-time intelligence hub.

If your organization’s growth is outpacing your financial visibility, Norbit AI can help you build an automated, intelligent MIS system tailored for scale.

Start your transformation with Norbit AI.