Surecomp®, a leading provider of global trade solutions for banks and corporations, has announced the release of SCF-PRO®, its newly developed supply chain finance (SCF) solution. SCF-PRO is a state-of the-art SCF solution that enables corporate buyers and suppliers to better manage liquidity and optimize working capital.
Unveiled recently at Sibos 2012, the solution leverages Surecomp's 25 years of innovative industry leadership, in-depth market research, and insightful input from leading banks, corporations and SCF consultants from across the globe.
No newcomer to supply chain finance, Surecomp has integrated SCF functionality for many years in its various back office trade finance offerings. Surecomp has successfully leveraged its expertise and developed an open, stand alone Supply Chain Finance solution (SCF-PRO) that can interface seamlessly with any core back office system and any corporate front-end application.
SCF-PRO embraces the wide spectrum of Supply Chain Finance requirements. SCF-PRO empowers businesses to optimize their working capital and cash flow along the physical supply chain
"The cutting-edge design of SCF-PRO is the result of a fruitful collaborative effort between Surecomp and selected banking and corporate customers. Intended to meet evolving market demand, this collaboration demonstrates Surecomp's industry leadership," said Joel Koschitzky, Surecomp Chairman. "With the launch of SCF-PRO, Surecomp is positioned to deliver increased value to our ever-growing banking and corporate customer base."
SCF-PRO was developed utilizing TradeDesign, Surecomp's state-of-the-art rapid development design tool.
SCF-PRO is an innovative supply chain finance solution for banks and corporations. Equipped with pro-forma invoice, accounts payable management, and finance capabilities, the comprehensive SCF solution is supported by an array of standard features including imaging, notifications and workflow. SCF-PRO is fully and easily integrated with existing back- and front-office environments encompassing all main SCF players. By optimizing working capital, improving cash flow management and strengthening trade relationships, SCF-PRO benefits buyers, suppliers and the banks that serve them.