FCIreverse Benefits
Benefits
no-border
Measuring success in SCF / reverse factoring
Features unique to FCIreverse platform enable funders to optimise revenues while suppliers & buyers generate organic working capital.
Benefits
Buyer
- Enhanced reputation with suppliers
- Ability to negotiate better payment terms
- Enhancement of image through supporting SMEs
- Reduction of administrative costs
- No additional IT tool required
Supplier
- No impact on supplier’s credit lines
- Lower costs based on the creditworthiness of the buyer
- Receivables can be removed from the Balance Sheet
- No additional IT tool required
- Better cash flow management
- No separate cash accounts
FCI Member
- Credit risks fully allocated on buyer
- Access to multiple international transactions
- Benefit from new customer relationships
- Cross-selling opportunities
- Increase profitability
- Facilitates the possibility of expanding SCF programmes and reaching suppliers in more countries
Key Criteria
Buyer
- Achieving target working capital benefit
- Supplier rollout to attract optimum participation
- Easily accessible reporting and inquiry tools
- Accounting treatment
Supplier
- Ease and clarity of “onboarding journey” including minimum possible KYCs
- Competitive discount rate and or opportunity to remove credit exposures
- Automation & ease of management / admin ongoing
- Easily accessible reporting and inquiry tools
FCI Member
- Proven, automated processing
- Easily accessible reporting and inquiry tools
- Efficient supplier onboarding and optimum supplier participation
- Platform security and process compliance (ISO 27001, ISAE 3402 type 2 certification)
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