06.03.2017

Crédit Agricole CIB launches a global and fully automated Supply Chain Finance Solution

In order to always better respond to its customer’s needs, Crédit Agricole CIB is extending its Working Capital Finance proposition with a fully automated and integrated Supply Chain Finance Solution for its large clients which benefits also to its SME sector clients.

This solution enables Crédit Agricole CIB’s clients to propose to their suppliers the prepayment of their invoices via a Web platform, to optimize their cash-flow and improve debt to capital ratios. They can, therefore, build a transparent and strong relationship with their suppliers while providing efficiency and visibility across the Supply Chain.

Crédit Agricole CIB has selected one of the finance technology market leaders to offer a state of the art web-based platform. This provides for a user-friendly environment for both our clients (streamlining the payment process via a simple interface, improving treasury forecasting) and their suppliers (payment in 2 clicks, visibility on the invoices).

This global solution also includes a dynamic discounting option (aimed at covering the long tail of the suppliers) and a suppliers on-boarding web-tool. This platform is helping accelerating and smoothing the on-boarding process, which is key to the success of Supply Chain Finance programs.

Crédit Agricole CIB is positioned as a leading bank of working capital finance.

Crédit Agricole CIB is the Corporate and Investment Banking arm of the Crédit Agricole Group, the world’s n°11 bank measured by Tier One Capital (The Banker, July 2016). The Bank offers its clients a comprehensive range of products and services in capital markets, investment banking, structured finance and corporate banking, structured around six major divisions:

•              Client Coverage & International Network

•             International Trade & Transaction Banking

•              Global Investment Banking

•              Structured Finance

•              Global Markets

•              Debt Optimisation & Distribution.

The Bank provides support to clients in large international markets through its network with a presence in major countries in Europe, America, Asia Pacific and Middle East and North Africa.

For more information, please visit its website at www.ca-cib.com