Optimize Business Working Capital for You and Your Suppliers
SCiSupplier delivers early payment for approved invoices in 17 currencies around the world and allows for the easy substitution, addition or change among funders and terms for each program on the OpenSCi platform. It generates for companies enhanced cash flows and improved working capital by standardizing payment terms with their suppliers, while allowing their suppliers to be paid early and improve their cash flow.
Unmatched in the Marketplace
Unique among any accounts payable finance platform, SCiSupplier allows the easy substitution, addition or change among funders and terms for each program on the OpenSCi platform. This allows our clients to choose funding from more than 40 financial institutions and gives them the freedom to self-fund their supply chain finance program.
Comprehensive Data and Flexibility
Using segmentation strategies developed by the SCiMap solution, SCiSupplier can manage segmentation of suppliers for programs offering a different mix of terms, rates and funders within a single program. Countries and currencies can be added and the necessary documentation handled as programs expand into different jurisdictions. SCiSupplier provides each of the parties involved in the program with a powerful, secure and unique view and control of their part in the process:
• Buyers can view all of the invoices due and automatically approve specific selections from each supplier or group of suppliers.
• Suppliers can see all of the approved invoices and choose all or specific invoices for early payment at any time before maturity, either through manual selection or with our auto-trade system.
• Participating funding partners can view each supply chain financing program they are involved with on a real-time basis across their entire portfolio.
SCiSupplier is honored with numerous awards every year and has become the standard supplier finance platform, managing the world’s largest and most successful programs. For more information or to speak with one of our representatives, please contact us today!