Citi Suite to Enhance Clients’ Working Capital

Citi’s Treasury and Trade Solutions unit has launched Citi Integrated Payables Solutions, a holistic suite of analytics, advisory and payment services that are designed to assist organisations in optimising working capital and maximising efficiency across their complete supply chain.

The offering brings clients a holistic solution package that encompasses payment services such as core payments, supply chain finance and commercial cards. Other benefits include proprietary analytics, advisory services, client-to-bank connectivity channels and universal supplier on-boarding mechanisms, all of which are intended to will help to address an organisation’s continuum of suppliers.

The Bank says that, through using the service, clients are expected to be able to influence working capital, reduce total costs, minimise supply chain risk, and support their suppliers.

The new product suite is supported by Citi Working Capital Analytics, a program that uses proprietary algorithms and rules to analyse a client’s financial supply chain and produce multi-product recommendations on available opportunities. Findings can then be presented using Citi Interactive Solutions, which allows clients to explore recommendations and perform scenario modelling in real-time.

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