An integrated approach to supply chain and account receivables finance, as well as credit and collection management, can help companies to optimize their financial operations and improve their overall financial performance. This approach involves using a combination of these financial services in a coordinated manner to achieve specific goals.
For example, a company might use supply chain finance to provide funding to its suppliers, allowing them to purchase the raw materials needed to manufacture the company's products. At the same time, the company might use account receivables finance to sell its outstanding accounts receivable to a finance company, receiving immediate cash payment for its invoices. This can help the company to improve its cash flow and reduce its exposure to the risk of non-payment.
In addition, the company can use credit and collection management services to carefully extend credit to its customers and monitor the status of their accounts. This can help the company to reduce its exposure to the risk of non-payment and ensure that it receives payment from its customers in a timely manner.
Overall, an integrated approach to supply chain and account receivables finance, as well as credit and collection management, can help companies to optimize their financial operations and improve their overall financial performance. By using a combination of these financial services in a coordinated manner, companies can achieve greater efficiency and effectiveness in their financial operations.
Added Value Qube’s Integrated Approach
Qube Financing (and its affiliates) have developed the Qube platform, supported by its proprietary PRI® inside infrastructure, front-end to back-end fully automated receivables financing platform (“Qube Platform”), as one of the earlier Fintech 3.0 initiatives in the market and is fully equipped to be the winning platform of the third wave.
This Qube Platform is fully operational and has been fully adopted by institutional investors, including the standardized procedures, ‘modus operandi’ and underwriting process steps & criteria.
Qube targets European SME and Mid Market Corporates with a fully standardized approach as well as tailored solutions for multinationals, predefined underwriting criteria that are agreed with institutional investors and supported by PRI® inside and the add-on credit & collection management application PRI® CrediSoft and PRI® Supply Chain.
Offering consolidated multi jurisdictions multi operating companies fully automated working capital financing solutions based on invoiced turnover, whereby PRI® inside directly interfaces with the Corporate's ERP systems, the Connection.
The Qube Platform benefits from a modular design and standardized processes and legal infrastructure.
US version of PRI® infrastructure can be calibrated for US time zone and jurisdiction.