Use Cases
Use Cases
USE CASE 1 : SELLER
USE CASE 1 : SELLER
USE CASE 2 : BUYER
USE CASE 2 : BUYER
At a corporate buyer equipped with a full ERP suite, the late payments to suppliers are reaching a breaking point of bankruptcy risk for key suppliers and are consuming large amount of time from top executives.
However, processes and systems are so complicated that the exact transaction statuses and delay causes are difficult to identify leading to few timely resolutions.
After an initial in-depth diagnostic using process mining techniques, root causes are identified and TradinLoop can be added to the existing IT of the buyer so as to overcome process dysfunctions, pragmatically address the delegation of authority challenges, complete the digital thread end-to-end and provide not only the visibility on each transaction status but also push for the required decisions with the relevant stakeholders with approval authority.
The results are made accessible to all relevant layers of management (from operational managers to finance managers and top executives) of both buyer and sellers. Problems fixed, process durably upgraded, cash flows restored, visibility secured and relationships preserved!
USE CASE 3 : FINANCIER
USE CASE 3 : FINANCIER
A trade financier is conducting an internal audit of its risk exposure on all its factoring contracts. It turns out that over 60% of end client payments are delayed, increasing the risk of payment past due date or defaults.
Further investigation reveals that the trustworthiness of most of the invoices cannot be fully ascertained; indeed, these invoices are not backed by a perfect alignment of contracts, valid P.Os and documented Goods receipt notes. It means that these invoices are unlikely to get paid on time in full, leading to extra cost, possibly litigation and thus damaging relationships.
TradinLoop can be introduced with no interference with the existing IT of sellers and buyers so as to assess the status, identify the root causes, evaluate the value at risk of each overdue transaction and either drive the dunning process or direct the sellers and buyers towards practical solutions and decisions for fast resolutions.
USE CASE 4 : TRADE CREDIT INSURANCE
USE CASE 4 : TRADE CREDIT INSURANCE
See how TradinLoop accelerates your Cash-Flows
See how TradinLoop accelerates your Cash-Flows
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