Role of FCIreverse
It is FCI’s new Supply Chain Finance buyer centric solution, which is based on Reverse Factoring. It is intended for buyer companies that have several suppliers who could benefit from their buyer’s lower cost of funding. For the buyers themselves, it can improve supplier management, create the opportunity to negotiate better payment terms, ultimately allowing for better cash flow forecasting and a stronger, more resilient supply chain. The product is offered in collaboration with Demica who owns and operates the technology platform powering FCIreverse.