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The necessity of a supply chain financial management system

Weiyi  supply chain financial management system is a management system proposed to facilitate as many enterprises as possible to use supply chain financial services, standardize the supply chain financial market, and promote Financial innovation. Its necessity is reflected in the following aspects:

 

1. Improve the efficiency of supply chain finance

The supply chain finance management system connects various links and exchanges information to achieve information sharing in supply chain finance business, accelerate transaction speed, and reduce the financial requirements of traditional goods financing, inventory financing, factoring financing and other links for enterprises, improving the operational efficiency of supply chain finance.

 

2. Provide professional services in supply chain finance

Through the supply chain financial management system, enterprises can automate and digitize the management of their collateral and working capital needs. At the same time, because such financial services are based on logistics data such as supply chain financing and order financing, they are more targeted than individual loan products and can provide more specialized services.

 

3. Improve risk control capabilities

By collecting, analyzing, and establishing credit models in the supply chain through the system, risks can be identified in a timely manner and measures can be taken quickly to avoid the expansion of payer and financing risks, and to reduce losses in transportation, warehousing, returns and exchanges, fraud, and other aspects.

 

4. Reduce supply chain finance costs

The system has optimized the transaction process of supply chain finance, reduced manual intervention, improved efficiency, and also reduced the overall cost of supply chain finance. Enterprises can also benefit from the flexibility and customization of the system by selecting corresponding financial products based on actual needs.

 

5. Improve supply chain partnerships

The supply chain financial management system can promote the sharing of information among all parties in the supply chain, and improve mutual trust and cooperation among all parties. Accurate data flow between various links is also beneficial for strengthening the cooperative relationship between enterprises and banks. Meanwhile, through data analysis on the platform, enterprises and financial institutions can jointly develop more reasonable supply chain finance solutions.

 

6. Implement intelligent financial services

Through data mining and artificial intelligence technology, the supply chain financial management system can analyze and model the data and information of various links in the supply chain, thereby achieving intelligent financial services. For example, automated risk assessment and warning, loan approval, transaction settlement, etc.

 

7. Promote Digital transformation of enterprises

The system can provide powerful technical support and services for enterprises, including digital financing, online transactions, digital accounts, supplier management, etc. These functions can help enterprises achieve Digital transformation, improve supply chain efficiency and reduce costs.

 

8. Promote Financial innovation

The system can promote Financial innovation, solve financing demand and other problems in the supply chain by integrating all links of supply chain finance, and promote the innovation of supply chain financial products and services.

 

9. Reduce operational risks

Management systems can help enterprises achieve capabilities in account supervision, risk control, transaction verification, credit risk management, compliance management, and other aspects during the operation of supply chain finance activities. These functions can significantly reduce the operational risks and potential fines and penalties faced by enterprises.

 

10. Promoting sustainable financial development

By establishing a sound supply chain financial management system, various parties can work together better to help enterprises regulate the supply chain financial market, promote the process of sustainable financial development, and provide strong support for the development of the global economy.

 

Summary: The supply chain financial system is to standardize the supply chain financial market, improve the efficiency of supply chain finance, provide intelligent financial services, improve risk control ability, reduce the cost of supply chain finance, promote enterprises' Digital transformation, promote Financial innovation, reduce operational risks, and promote sustainable financial development. The construction of the supply chain financial management system can provide strong financial support for most enterprises, Promote the healthy development of the supply chain finance industry.