The Seller is the primary invoice originator in the current BiM Receivables workflow. The Buyer receives the invoice for review and verification.
Verification Status records whether the Buyer verification is pending, verified or rejected/disputed.
Receivables are generated and controlled through the invoice lifecycle. Sellers track receivables but do not directly alter controlled receivable balances or lifecycle status.
Financing follows the verified receivable workflow and is available only when the receivable meets the applicable eligibility conditions.
Authorized Admin, Seller, Buyer and Financial Intermediary users access dedicated role-based portals.
The application uses organization information such as Tax ID, business sector, address, Parish/State, Country, optional City and contact information. Tax ID is configured as exactly 13 characters.