Supply Chain Finance Platforms Reviews and Ratings

What are Supply Chain Finance Platforms?

Supply chain finance platforms enable procurement and finance leaders to initiate new SCF programs, digitize and/or expand existing programs. SCF programs include financial counterparties in the standard buyer-supplier relationship to improve cash flow throughout the value chain and optimize working capital performance. SCF platforms can be leveraged to support multiple SCF methods, such as dynamic discounting and reverse factoring, that could be financed through self-funding or external financial providers.

SCF platforms enable procurement and finance leaders to expedite payments of their B2B supplier invoices, using methods such as reverse factoring, dynamic discounting, payment scheduling and more.

SCF platforms also enable procurement and finance leaders to introduce new SCF programs, as well as digitize and expand existing ones.

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Kyriba, a San Diego-based company, offers a specialized service to CFOs and their teams aimed at transforming how liquidity is utilized as a robust, real-time means of growth and value creation, while simultaneously providing protection against financial risk. The company's principal product, Active Liquidity Network, facilitates connection between internal applications for treasury, risk, payments and working capital, with corresponding external sources including banks, ERPs, trading platforms, and market data providers. The network operates on a secure, highly scalable SaaS platform which employs artificial and business intelligence, allowing companies to optimize growth potential, safeguard against fraud-related losses and financial risks, and minimize costs via advanced automation. The company operates globally with additional offices located in the Americas, Europe, Asia Pacific, and other major locations.

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