CashOnLedger provides a payment engine that integrates Industry 4.0 data with financial services to enable asset management as a service. This technology facilitates the creation of data-driven business models, enhancing operational efficiency and financial transparency for industrial enterprises.
Funding
Funding not disclosed
Founders
Product
Problem
Industrial companies face challenges in managing and financing high-value assets, especially when customers prefer usage-based payment models. Traditional financing options often lack the flexibility to align with actual asset utilization, creating financial burdens for both the company and its customers. This misalignment hinders the adoption of innovative "as-a-service" models in Industry 4.0.
Solution
CashOnLedger provides a payment engine that integrates IoT data with financial services, enabling data-driven business models for Industry 4.0. The platform transforms real-time asset usage data into financial value streams, automating billing, payment, and accounting processes. By connecting machine data directly to financial cycles, CashOnLedger facilitates flexible pay-per-use models and asset lifecycle management. This allows industrial companies to offer "Asset-as-a-Service" solutions, where customers pay only for what they use, while also creating new asset classes for investors based on the cash flow performance of real assets.
Target Audience
The primary target audience includes industrial machinery manufacturers, equipment rental companies, and financial institutions seeking to enable and manage "Asset-as-a-Service" models, as well as investors interested in new asset classes tied to real-world asset performance.
Features
- Integration of IoT sensor data from industrial assets for real-time usage tracking
- Automated billing and invoicing based on predefined usage metrics (e.g., operating hours, output, or other sensor data)
- Direct integration with ERP and accounting systems for streamlined financial operations
- Support for various payment methods, including SEPA transfers and request-to-pay
- Blockchain-based documentation and security for transaction data, ensuring data integrity and transparency
- EBICS interface for automated payment processing within the traditional financial system
- Tokenization capabilities for creating new digital asset classes based on real asset performance
- Customizable microservices tailored to specific client business cases and data availability