Optimize working capital management with SCF-PRO
Based on a deep understanding of evolving industry requirements, our innovative supply chain finance solution, SCF-PRO, is extremely flexible and completely independent. By optimizing working capital, improving cash flow management and strengthening trade relationships, our software enables agility in response to changing customer and market demands, delivering value to banks across the globe.
Automating key supply chain finance processes, SCF-PRO handles both payables and receivables financing. It monitors risk exposure, filters invoices by eligibility criteria and provides flexibility with charging interest and fees. The SWIFT-certified solution integrates easily with existing back and front-office environments for seamless financing process optimization.
Key features of SCF-PRO:
- Approved payables finance (reverse factoring)
- Receivables finance (dynamic discounting)
- Highly configurable fee set-up
- SWIFT certified
- Customizable client dashboard or via bank’s own portal
- Real-time notifications
- Multi-entity capabilities (multi-bank/corporate, multi-country, multi-branch)
- Advanced reporting
Key benefits of SCF-PRO:
- Drive growth
- Strengthen customer satisfaction and loyalty
- Monitor risk exposure
- Improve liquidity and cash flow
- Gain competitive advantage
In a supplier-buyer relationship, when a supplier submits an invoice they may want payment as early as possible to help with cash flow, despite offering standard payment terms of 30 days. However, the buyer may not want to process the payment until the term “matures” (i.e. the due date).
With supply chain finance, the supplier can get their invoices paid early, whilst a buyer gets longer payment terms – creating a “win-win” scenario. This can achieved through the use of an intermediary financing body, such as a bank, which can settle the supplier’s invoices immediately and then extend a line of credit to the buyer. Typically, this gives the buyer longer to settle the payment.
Supply chain finance is sometimes referred to reverse factoring or supplier finance.
- Improves cash position of the supplier
- Aids balance sheet finance for the buyer
- Strengthens the supplier-buyer relationship
- Stabilises the entire supply chain by reducing risk
Supply chain finance software can automate parts of the financing process, which can improve efficiency, enable quicker processing and reduce costs for all involved.
Product Manager for Trade Services, Rabobank
“We have put a great deal of effort into becoming an innovation hub over the past few years. Such solid growth in trade activity and revenue is testament to the power of technology.”
Get in touch
Could SCF-PRO help optimise your supply chain finance process? Contact our team today to discuss.