An integrated approach to receivables, supply chain finance, credit and collection management software can provide several advantages, including:
- Improved data accuracy and completeness: With all of the data in one system, it eliminates the need to manually enter data and transfer information between multiple systems, resulting in more accurate and complete data.
- Increased automation: An integrated system can automate many processes, such as invoice creation, credit checks, and payment collection, which can lead to faster processing times and reduced errors.
- Better decision-making: Having all of the data in one place allows for better decision-making by providing a comprehensive view of customer creditworthiness, payment history, and supply chain performance.
- Enhanced collaboration: An integrated system allows for better collaboration between different departments and stakeholders, such as sales, finance, and credit and collection teams, which can lead to more effective problem-solving and decision-making.
- Reduced costs: An integrated system can lead to cost savings by reducing the need for multiple systems and the associated IT and maintenance costs. It also help to streamline the processes and increase the efficiency which leads to the saving of operational cost.
Qube Digital Innovation Added-value
- Qube Financing (and its affiliates) have developed the Qube platform, supported by its proprietary PRI® inside infrastructure, front-end to back-end fully automated receivables financing platform (“Qube Platform”), as one of the earlier Fintech 3.0 initiatives in the market and is fully equipped to be the winning platform of the third wave.
- This Qube Platform is fully operational and has been fully adopted by institutional investors, including the standardized procedures, ‘modus operandi’ and underwriting process steps & criteria.
- Qube targets European SME and Mid Market Corporates with a fully standardized approach as well as tailored solutions for multinationals, predefined underwriting criteria that are agreed with institutional investors and supported by PRI® inside and the add-on credit & collection management application PRI® CrediSoft and PRI® Supply Chain.
- Offering consolidated multi jurisdictions multi operating companies fully automated working capital financing solutions based on invoiced turnover, whereby PRI® inside directly interfaces with the Corporate's ERP systems, the Connection.
- The Qube Platform benefits from a modular design and standardized processes and legal infrastructure.
- US version of PRI® infrastructure can be calibrated for US time zone and jurisdiction.
Is your bank ready for agentic AI in credit and operations
Generative AI is no longer a future possibility. According to McKinsey, agentic AI, systems that can act autonomously within defined boundaries, is starting to reshape frontline operations in banking, including…
Why working capital financing based on invoiced turnover strengthens business performance
Financing linked to invoiced turnover is a practical and scalable way for companies to unlock liquidity. By monetizing trade receivables, businesses improve their cash position without increasing traditional debt.…
Precision in banking: the next growth frontier
The global banking sector delivered strong results in recent years. Between 2019 and 2024 the industry intermediated more than 122 trillion dollars and generated 1.2 trillion dollars in net income in 2024. Yet…
Working Capital in motion