What is Pointing Funds and why would I Point Funds?
Pointing or Committing Funds is the basis of the Akirix Portal and how it operates. It proves to other parties that you have the money and also locks the cash into the transaction. Funds can only be pointed to Sellers/Suppliers.
How do I Point Funds?
- Visit your Projects overview page by clicking on ‘Projects‘ at the top of the page.
- Select the project that has the Seller/Supplier you’d like to Point Funds to.
- Underneath Suppliers, click ‘Commit Funds‘ button.
- Enter the desired amount to point using either ‘Pointed Funds‘ or ‘ Cash‘.
- When ready, click the ‘Point‘ button to complete pointing funds.