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Information Flow

Corporations are able to submit and verify purchase orders and invoices, and request pre-shipment and post-shipment financing from the financiers of their choice. By providing those financiers with access to trade data, the Network will help financiers to mitigate the risk of double financing and fraudulent trade data. This data enables the financiers to better assess risks and provide trade financing earlier in the supply chain, including for small and medium-sized enterprises who have traditionally experienced difficulty in accessing trade finance. Financiers will provide financing outside of the Network using their existing systems.

Potential Solution Benefits

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POTENTIAL BENEFITS FOR SUPPLIERS

  • Improves access to financing
  • Enables additional financing earlier in trade cycle
  • More favourable cost of funding
  • Simplifies IT access (including ERP integration) across multiple banks and buyer programs

POTENTIAL BENEFITS FOR BUYERS

  • Strengthens Supplier relationships
  • Stabilizes supply chain by improving Supplier's financial viability
  • Improves payment terms
  • Simplifies IT access (including ERP integration) across multiple banks

POTENTIAL BENEFITS FOR FINANCIERS

  • Better serves the financing needs of clients across the supply chain
  • Reduces fraud and duplicate financing risk
  • Ability to analyse performance risk of the suppliers based on captured data 
  • Attractive asset class
  • Creates an open industry network for banks’ collaboration
  • Simple and affordable to join
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