Vendor Finance

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Vendor Finance Credit System for a Financial Services Group


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What we did?

We replaced a manual process for handling vendor credit finance, with an automated system to cover the end to end credit process.

How we did it?

The Manual process was error prone, didn’t give the business a consistent and complete view of their vendor finance book. The implications being considerable risk to the business. We worked with the client to replace the manual process, delivering a fully automated solution in 2 months.

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The SCAD Software approach is to achieve a 40% code reduction, leading to 75% faster to market and typically 30% lower cost. In this instance, the benefits were seen through a reduction in corporate risk and the reduced cost of manual processing.

Ready to work with us?

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Head Office:

Swift Channel Application Development Pty (Ltd) The Campus, Twickenham Building, Ground Floor, Corner Sloane and Main Road Bryanston 2021, South Africa

Contact Number: +27 11 575 0659

International:

3 The Old Estate Yard, High Street, East Hendred, Wantage, Oxfordshire, OX12 8JY, UK

Contact Number: +44 7900 681725

North America:

c/o ForesightOne Inc., 45 Old Cart Path, Holliston, MA 01746, USA

Contact Number: +1-617-733-8161

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