Are you under pressure to find ways to improve your cash flow?
Are you looking for ways to extend payment terms with your suppliers?
Supply Chain Finance is an evolving field which offers advantages to retailers allowing them to settle supplier invoices later, thereby increasing cash flow, at the same enabling suppliers to get paid faster.
CBX Supply Chain Finance brings retailers, suppliers, and financial institutions together for mutual benefit. The CBX system manages the entire back-end of this system, automating the process involved in invoice discounting which enables a financial institution to purchase a retailers accounts payable invoices. By bringing banks as a third party between retailers and suppliers, retailers save money and improve cash flow and suppliers receive payments faster.
Benefits of CBX Supply Chain Finance:
- Increases retailers working capital
- Increases Days-Payable-Outstanding (DPO) by 10-18 days
- Delivers a typical return on investment in less than 12 months
- Manages early payment supplier requests through integration with financial institutions
- Enforces re-negotiated payment terms on each item
- Improves supplier relationships, enabling a preferred retailer status
- Offers speed and access to capital for suppliers to help them grow
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