A winning proposition thanks to EDI-supported Supply Chain Finance
EDITEL and Intermarket Bank AG, a specialized subsidiary of Erste Group and Sparkassen focused on Supply Chain Finance, have signed a collaboration agreement to offer a new and attractive approach to factoring. It is an ideal solution called “e-discounting”, which helps make invoicing processes, including Supply Chain Finance, fully automatic and more efficient.
The most important benefit of e-discounting is the perfect combination of two worlds in an existing electronic solution: the electronic transfer of invoices in EDI format and the immediate conversion of accounts receivable into liquidity. Patrick Götz, Sales Board Member of Intermarket