Global Finance
names the World’s Best Supply Chain Finance Providers 2012
NEW YORK, May 18, 2012
Global Finance
magazine has released its fifth annual rankingsfor the World’s Best Supply Chain Finance Providers to be published in an exclusive survey inthe July/August 2012 issue.
Global Finance
launched the awards in recognition of the growing significance of thesupply chain and the various financing solutions that are emerging to enhance workingcapital and reduce DPO and DSO for buyers and suppliers.
Global Finance
selectedwinners across seven global and eight regional categories.
Global Finance
‘s editorial team with input from industry analysts, corporate executivesand technology experts selected the best providers of supply chain financing andmanagement services. A variety of subjective and objective criteria were used forchoosing the winners. Factors considered included: market share and global coverage,product innovation, customer service, technology, execution skills and client-specificimplementations.
“As the financial crisis continues to have repercussions in the real economy, businessesare increasingly looking for solutions to help them manage their working capital moreefficientlyand that includes leveraging their credit rating to extend financing tosuppliers that would not be otherwise able to obtain low-cost funding. While mostcompanies are still focused on extending their Days Payables Outstanding, they recognizehow that impacts their suppliers, and they are looking for solutions to help their suppliersmanage working capital as well,” said Joseph Giarraputo, publisher of
Global Finance.
“Inthis year’s awards, we are starting to see a wider range of financing providers participatein supply chain financing deals as banks’ credit appetite continues to be impacted byheightened regulation.”
“The awards recognize those providers and customer implementations that deliver realcost savings, working capital benefits and efficiencies for buyers and suppliers as wellas those firms that have developed innovative credit frameworks in order to extendfinancing deeper into the supplier chain.”
For editorial information please contact: Andrea Fiano, Editor, email:
afiano@gfmag.com
An Awards Ceremony for all winners will be conducted at the same time as the October, 2012 SIBOS conference in Osaka, Japan.More details to follow. For more information please contact: Katharine Frey, email:
kfrey@gfmag.com
or phone: 212-524-3212
| Best Global Supply Chain Finance Provider – Bank: |
Citi |
| Best Global Supply Chain Finance Provider – Non Bank: |
Orbian |
| Best Supplier Support and Enrollment: |
Basware |
| Best Payables Supplier Financing Solution: |
PrimeRevenue |
| Best Pre-Shipment Financing Solution: |
Standard Chartered |
| Best Customer Implementation of Supply Chain Financing Solution: |
RBS and Carlsberg |
| Best Web-based Supply Chain Financing Solution: |
PrimeRevenue OpenSCi |
| Best Platform connecting Buyers, Suppliers and Financial Insitutions: |
TradeCard |
| Best Integrated Trade, Supply Chain Finance and Cash Management Solutions: |
SEB |
| Best E-Procurement: |
Ariba |
| Best Inventory Management: |
TradeCard |
| Best Trade Document Management: |
Citi |
| Best Analytics for Credit Scoring and Risk Assesment: |
Dun & Bradstreet |
| Best Invoice Discount Management: |
ICG Consulting |
| Best Supply Chain Risk Consulting Services Provider: |
Marsh |
| Best Supply Chain Risk Insurance Provider: |
FM Global |
| North America: |
Citi |
| Western Europe: |
RBS |
| Nordic Region: |
SEB |
| Central & Eastern Europe: |
UniCredit |
| Latin America: |
Citi |
| Asia: |
Standard Chartered |
| Africa: |
Standard Chartered |
| Middle East: |
HSBC |
