EVALUATING SUPPLY CHAIN FINANCE SYSTEMS.
Supply Chain Finance (SCF) is a combination of Trade Financing provided by a financial institution, a third-party vendor, or a corporation itself, and a technology platform that unites trading partners and financial institutions electronically and provides the financing triggers based on the occurrence of one or several supply chain events. Supply Chain Finance systems gives trade banks the tools they need to align their offerings with their customers' evolving supply chain needs. Innovative banks already have made heavy investments in it and those who seize this opportunity will transform their businesses into ones that align with, and plug into, their customers' quickly evolving supply chain strategies.
KEY FEATURES
- Manage financial supply chain
- Manage physical supply chain
- Supply collaboration
- Supply Chain Finance Analytics
- Procure to Pay
- Factory Management
- Transportation Management
- Inventory Management
- Tier 2 collaboration
- Order collaboration
- Purchase Order capture
- Purchase Order Amendment
- Invoice management
- Payment management
- Deductions management
- First sale automation
- Early payment program
- Payment protection
- Export financing
- Work-in-process reporting
- Pack & Ship
- RFID at source
- Freight payment and audit
- Tendering
- Planning
- Rating
- Sourcing
- Dynamic allocation
- Inventory receipts
- Delivery Note Capture