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Blockchain Based Accounts Payable Platform for Goods Trade
arXiv - CS - Distributed, Parallel, and Cluster Computing Pub Date : 2021-03-04 , DOI: arxiv-2103.02979
Krishnasuri Narayanam, Seep Goel, Abhishek Singh, Yedendra Shrinivasan, Parameswaram Selvam

Goods trade is a supply chain transaction that involves shippers buying goods from suppliers and carriers providing goods transportation. Shippers are issued invoices from suppliers and carriers. Shippers carry out goods receiving and invoice processing before payment processing of bills for suppliers and carriers, where invoice processing includes tasks like processing claims and adjusting the bill payments. Goods receiving involves verification of received goods by the Shipper's receiving team. Invoice processing is carried out by the Shipper's accounts payable team, which in turn is verified by the accounts receivable teams of suppliers and carriers. This paper presents a blockchain-based accounts payable system that generates claims for the deficiency in the goods received and accordingly adjusts the payment in the bills for suppliers and carriers. Primary motivations for these supply chain organizations to adopt blockchain-based accounts payable systems are to eliminate the process redundancies (accounts payable vs. accounts receivable), to reduce the number of disputes among the transacting participants, and to accelerate the accounts payable processes via optimizations in the claims generation and blockchain-based dispute reconciliation.

中文翻译:

基于区块链的商品交易应付平台

货物贸易是一项供应链交易,涉及托运人从供应商和提供货物运输的承运人购买货物。托运人从供应商和承运人处开具发票。托运人在为供应商和承运人支付账单之前先进行收货和发票处理,其中发票处理包括诸如处理索赔和调整账单支付之类的任务。收货涉及托运人的收货团队对收货的确认。发票处理由托运人的应付账款团队进行,而发票反过来又由供应商和承运人的应收账款团队进行验证。本文提出了一种基于区块链的应付账款系统,该系统针对收到的货物的不足产生索赔,并相应地调整供应商和承运人的账单中的付款。这些供应链组织采用基于区块链的应付账款系统的主要动机是消除流程冗余(应付账款与应收账款),减少交易参与者之间的争议数量,并通过优化来加速应付账款流程在索赔生成和基于区块链的纠纷调解中。
更新日期:2021-03-05
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