Current systems roll up data at a particular point in time and often involve manual data compilation from many systems that are both internal and external to the enterprise such as Letter of Credit, Inco Terms, P-Card, ACH, Check, and Supply Chain Financing. The current financing models are only lightly automated, causing manual intervention
Goals and Objectives
A real time or near real time view of financing of the supply base will allow all types of financed orders to be viewed, monitored, paid and understood automatically and in real time for all suppliers.
Enterprise Hardware, Personal devices, Cloud, Big data/analytics, Mobile, Applications, Connectivity Services, Cognitive, RPA, Next Generation Security, Blockchain
Use Case Summary
Automated in real time the smart financing aspects for each supplier in terms of Supply Chain Financing, Letters of Credit. Inco Terms, P-Card, ACH, Checks and Cash.