{"id":5028,"date":"2018-10-04T11:10:57","date_gmt":"2018-10-04T09:10:57","guid":{"rendered":"https:\/\/www.pitecolab.it\/supply-chain-trade-finance\/"},"modified":"2025-12-04T11:57:41","modified_gmt":"2025-12-04T10:57:41","slug":"supply-chain-trade-finance","status":"publish","type":"page","link":"https:\/\/www.pitecolab.it\/en\/areas\/supply-chain-trade-finance\/","title":{"rendered":"Supply Chain & Trade Finance"},"content":{"rendered":"

[vc_row css=”.vc_custom_1554290543556{margin-top: 30px !important;}”][vc_column width=”1\/3″][vc_single_image img_size=”thumbnail” alignment=”right” image=”58941″][\/vc_column][vc_column width=”2\/3″][wyde_separator text_align=”center” el_width=”100%” color=”#1e254c”][vc_empty_space height=”20px”][vc_column_text]Supply Chain Finance <\/b>solutions and services enable companies to finance their working capital <\/b>and have a significant impact on treasury. The Treasury Management System therefore plays an essential role in supporting the Supply Chain Finance solutions adopted by the company.<\/span><\/em>[\/vc_column_text][vc_empty_space height=”20px”][wyde_separator text_align=”center” el_width=”100%” color=”#1e254c”][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1570025609262{margin-top: 30px !important;}”][vc_column width=”1\/3″][wyde_heading style=”6″ title=”Letters of Credit” heading_color=”#1e254c”][\/vc_column][vc_column width=”2\/3″][vc_column_text]The features of Piteco’s Letter of Credit<\/b> module allow you to monitor the effects that LC management has on treasury in a timely manner: for example, the impact on the absorption of credit facilities by credit institutions for import letters of credit, or the calculation of commissions and the generation of payment collection forecasts.[\/vc_column_text][vc_empty_space height=”20px”][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1570025609262{margin-top: 30px !important;}”][vc_column width=”1\/3″][wyde_heading style=”6″ title=”Supply Chain Finance solutions” heading_color=”#1e254c”][\/vc_column][vc_column width=”2\/3″][vc_column_text]Piteco monitors the operational workflow and manages the financial repercussions that also impact the activities of the Supply Chain Finance<\/b> through features dedicated to Factoring<\/b>, Reverse Factoring<\/b>, Advance Against Order<\/b> & Factoring<\/b>, Dynamic Discounting<\/b> and virtual credit cards<\/b> solutions.[\/vc_column_text][vc_empty_space height=”20px”][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1570025609262{margin-top: 30px !important;}”][vc_column width=”1\/3″][wyde_heading style=”6″ title=”Factoring” heading_color=”#1e254c”][\/vc_column][vc_column width=”2\/3″][vc_column_text]The use of factoring<\/b> has become increasingly important for Italian companies, both to meet their financial needs for alternative financing to the banking channel and to satisfy their operational and service requirements, to guarantee reliable credit and create value for the administrative and commercial sector.<\/p>\n

The aim of Piteco’s Factoring<\/b> module is to help companies organise themselves by providing an operational and control tool<\/b> that allows them to computerise and automate <\/b>the accounting<\/b>, financial<\/b> and management<\/b> activities associated with the process of selling to factors.<\/p>\n

The module has features<\/b> and dedicated procedures<\/b> to facilitate the communication of all related information between the treasury, accounting and control systems.[\/vc_column_text][vc_empty_space height=”20px”][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1570025609262{margin-top: 30px !important;}”][vc_column width=”1\/3″][vc_single_image image=”61461″][\/vc_column][vc_column width=”2\/3″][vc_column_text]AirPlus International<\/b><\/a> is a multinational company specialising in providing innovative solutions for payment, reporting and analysis of business expenses, with 48,000 customers worldwide.<\/p>\n

Our partnership with AirPlus International has resulted in the creation of a payment platform<\/b> with virtual credit cards<\/b> that is fully integrated with Piteco Evo5<\/b><\/a> and treasury processes. Virtual credit cards are an alternative digital tool for transactions between customers and suppliers, classified by the Politecnico di Milano as one of the most innovative solutions in Supply Chain Finance<\/b>. The advantages for corporations of the integrated Piteco<\/b> and Virtual Cards Procurement<\/b> suite from AirPlus are:<\/p>\n