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The credit crunch and financial crisis have had an impact on the way banks and corporates conduct their business. Liquidity is scarcer, and using it efficiently, keeping track of balances, and improving return on working capital are more important than ever. With Tieto’s supply chain solution, you can boost your revenue streams and prepare for a brighter future.
Maximizing supply chain efficiency while maintaining the balance between price, quality and logistics is the goal of all corporations. But the credit crunch and other challenges in the financial markets have led to a shortage of credit as banks seek to cut their credit risk and increase their transparency. Tieto’s Supply Chain Finance solution enables you to provide non-recourse finance to a supplier using the buyer’s credit rating. You can make funding available to match working capital needs and buyers can negotiate better terms, as well as actively supporting supplier health. It means you can generate new income streams from existing, rated customers as well as attract new ones.
We’ll keep you on track
Market initiatives have increased the complexity of cash reconciliation and liquidity management and put extra pressure on your operational procedures. Tieto’s solution puts you on the right track to address these challenges.
Developments in the credit markets and the increased need to keep track of liquidity are driving the need to accumulate currency positions in one account. Improve your efficiency by structuring your Straight Through Processing (STP) workflow using our integrated solution for handling international payments, foreign exchange and money market instruments. We have the technology and expertise that reduces your operational risk and supports centralized processing.
