In an Accounts Receivable program the Vendor as well as the Funder/Credit Insurer play the main roles in the distribution finance world. In Accounts Receivable programs, the Vendor uploads invoice data sent to their different Buyers into GSCF’s platform, where it is processed and acknowledged by the Buyers, funded by the Funder, and ultimately reconciled against payments. Based on GSCF’s understanding of trading parties’ relationships and of latest technologies, all participants are provided with a dedicated and highly customizable webbased portal, delivering real-time data. Our portal supports a full range of automated services and features such as payment monitoring, notifications, reports, flexible interfaces, ratings and credit limits management.
Benefits of an Accounts Receivable Program
To Vendors
- accelerated payment to reduce days sales outstanding
- distribution channel support to increase sales
- online access to program development and performance
- real time credit monitoring
To Buyers
- term extensions to increase days payables outstanding
- automated payment instructions
- timely reminders
To Funders and Credit insurers
- real time credit monitoring
- automated payment reconciliation
- automated payment reminders
- program specific automated notifications
- access to obligor ratings and to financial scorecards