SUPPLY CHAIN FINANCE MANAGEMENT (SCFM)

Supply Chain Management is the handling of the entire production flow of goods or services — starting from the raw components all the way to delivering the final product to the consumer.

A Supply Chain is a system of Organizations, people, technology, activities, information and resources involved in moving a product or service from supplier to customer.

Supply chain activities transform natural resources, raw materials, components into a finished product that is delivered to the end customer in sophisticated supply chain systems. Supply chain links value chains.

WHAT IS SUPPLY CHAIN FINANCE MANAGEMENT ?

Supply Chain Finance Management is an innovative lending option to extend working capital finance to the Suppliers (Pre-Sale Stage) and Dealers (Post-Sale stage) Of Corporate Clients as well as to the Original Equipment Manufacturers (OEMs).

Our Bank is using the software called Finance Supply Chain Management (FSCM) to cater customer requirements under Supply Chain.

Ensuring business continuity seamlessly by avoiding bottleneck in working capital needs at both ends.

WHAT WE OFFER?

* Vendor Financing

Under Vendor Finance, the Suppliers/Vendors of our Corporate get Finance.

* Dealer Financing and

Under Dealer Finance, the Dealers/Distributors of our Corporate get Finance.

* Electronic Invoice Presentment and Payment.(EIPP)

When Finance is not required by our customers, however bills can be presented and settled on due date though e-mode using our Electronic Invoice presentment and payment (EIPP) module of Finance Supply Chain Management (FSCM) software platform.

ADVANTAGES

• Financing is based on electronic capturing of invoices raised by beneficiaries of the invoices and acceptances from the counterparty from and through SCFM package.

• Invoices can be uploaded by the Corporate/Suppliers/Dealers or by the Bank.

• Best competitive rate offered in the market.

• No hidden charges or additional fees