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Citi launches Integrated Payables Solutions package to enhance working capital

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

The solution, the first of its kind to be offered across so many geographies, provides clients with a holistic solution package that encompasses:

  • core payments
  • supply chain finance
  • commercial cards
  • proprietary analytics, and advisory services
  • best in class client-to-bank connectivity channels and universal supplier on-boarding mechanisms. 

Clients using the service are expected to be able to influence working capital, reduce total costs, minimize supply chain risk, and support their suppliers.

Citi Working Capital Analytics

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

Rollout of Citi Integrated Payables Solution

Citi Integrated Payables Solutions, which builds on earlier solution sets available previously solely to clients based in EMEA and in North America, will be rolled-out globally throughout the remainder of the year.

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This item appears in the following sections:
Working Capital Management
Procure-to-Pay Cycle in WCM
Total Working Capital
Accounts Payable Management