PRI® Supply Chain is a proprietary payables & receivables management platform, supported by Qube Servicing, generating improvement of working capital by accelerating the payment cycle and turning receivables into cash faster.
The PRI® Supply Chain platform manages, controls and monitors , on a daily basis as well as intraday, all tasks defined as part of supply chain finance to ensure:
PRI® Supply Chain fully front-tobackend automated platform with daily & intraday updated functionality with the following Pillars covered:
Dashboard Pillar
Outstanding Invoices, Creditors, Receivables Profile and Historic Aging
Creditors Pillar
Creditor details, incl. payment terms & financing arrangement
Finance Pillar
Per creditor overview of the receivables financed in number of days and interest amounts due
Monitoring Pillar
Amounts payable in time based on maturity calendar & buckets
DPO Pillar
Days Payable Outstanding or DPO
Settlement Pillar
Standard overview of buckets and settlement amounts due and payable, incl. disputed and rejected invoices. PRI® Supply Chain supports settlement based on discounted payment method as well as delayed payments through extended payment terms
Reporting Pillar
Standard reports, listing the payment details of each creditor for the daily payments to be processed
Communication Pillar
Creditor or supplier as well as client or buyer communication by mail
Servicer Pillar
PRI® CrediSoft , the integrated credit & collection application supported by Qube Servicing
PRI® Supply Chain has been developed based on the in-depth experience with supply chain finance as well as receivables finance with the objective to have a fully front-to-backend automated supply chain finance platform based on historic and actual creditor data which to provide full insight & transparency which will be evidenced by demo on request:
Visuals
Very friendly visuals compared with market including detailed insight in the status of the open Receivables of Creditors
Efficiency
All relevant information is presented in one screen per section, i.e. functionality, and one click away from detailed supporting information to enhance full transparency
Management information
Detailed management information provided insight in the risk profile of the creditor exposure via the Dashboard, Monitoring & Settlement sections and supporting information via the Reports section as well as full insight in all steps of the finance process
