Join the Community

20,823
Expert opinions
43,682
Total members
385
New members (last 30 days)
165
New opinions (last 30 days)
28,189
Total comments

SWIFT - new dimensions in supply chain services

Be the first to comment

SWIFT magazine painting a wider picture. Only a question of time before TSU and e-invoicing services find each others.

It is plain to see that a payment guarantee following on approval of an invoice can be extremely valuable both for the seller (can ship and can use invoice for financing) and buyer (gets the delivery faster – and cheaper financing + lower counterpart risk will eventually be reflected in price of goods).

Full TSU should get much more support and be integrated with e-invoicing to further automation. A simple payments assurance message – the payment sending banks sends automatically SWIFT message that money is irrevocably on its way (again enabling risk free shipping)  - a TSU light….

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Join the Community

20,823
Expert opinions
43,682
Total members
385
New members (last 30 days)
165
New opinions (last 30 days)
28,189
Total comments

Now Hiring