HSBC goes live with Demica system for trade receivables
Selection to deployment took the two firms just over a year.
Selection to deployment took the two firms just over a year.
Corporate treasurers are increasingly looking beyond traditional of finance to a wider range of alternative funding options that support their working capital requirements, including supply chain finance, trade receivable securitisation and factoring.
Technology will contribute to the development of the supply chain finance market, with the growth of e-invoicing systems seen as a significant market accelerator by the majority of the banking community.