FROM HURDLES TO HIGH GROWTH

OVERVIEW

The automation industry is a dynamic landscape characterized by innovation, efficiency, and relentless pursuit of optimization. Companies within this sphere strive to streamline processes, and enhance productivity through the integration of cutting-edge technologies such as robotics, artificial intelligence, and advanced control systems.

Within this thriving industry, VRAMP Automation has emerged as a key player since its establishment in 2009. With a diverse clientele that includes industry giants like Thermax Ltd., Wilo, and Mahindra Electricals, the organization has solidified its reputation as a provider of comprehensive automation solutions. Their partnerships with renowned brands such as Schneider, Wago, and Camozzi further underscore their commitment to excellence and innovation.

CHALLENGE

Despite its success, VRAMP Automation, like many others in the industry, faced significant challenges, particularly in managing cash flow effectively. Traditional banking facilities fell short in addressing their needs, with slow bill discounting processes and extended receivables cycles ranging from 45 to 60 days. These hurdles threatened to impede the company’s growth and limit its financial agility.

AT A GLANCE CHALLENGES

• Slow bill discounting process
• 45-60 days receivables cycle
• Limited access to working capital

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