An innovative method for optimizing payment of invoices to suppliers through a continuous and smart relationship with the banks, that manage client company’s commercial debt.
What is confirming?
Confirming is an innovative method of reverse factoring where the buyer grants continuously to a financial institution (Bank, Funder, etc…) the management of the commercial debt to its Suppliers. Buyer obtain extensions of the payment terms , while the supplier can request advance payment of invoices to the financial institution.
All Supply Chain Finance in a single platform
Our platform integrates all Supply Chain Finance services: Confirming and Dynamic Discounting.
In a single platform, you have the flexibility to choose the solution that best suits the needs of your suppliers and your liquidity requirements.
Benefits of Confirming
- Advantages for the Buyer
- Advantages for the Supplier
Increase available cash flow
You can extend the average days to pay your trade payables by asking – for example – your financial partner for a payment extension. You improve your company’s cash flow predictability.
Promote the relationship with your banking partners
You can deploy the Supply Chain Finance solution across multiple banking partners depending on their characteristics, so you can set up an optimized and rewarding relationship.
Support your Supply Chain
Stabilize and strengthen relationships with your suppliers by providing access to a liquidity channel, improving the relationship with key suppliers.
Enhance the sustainability of the supply chain
Reward the sustainability of your supply chain – also from an ESG point of view – with the possibility of giving access to a facilitated channel of liquidity to the most virtuous suppliers from an ethical, social and governance point of view.
Digitalize processes related to supplier management
The use of an advanced, yet easy-to-use technology solution allows you to reduce the administrative burden of managing your supplier base and maintain the flexibility to use your cash.
Don't change your operational processes
FinDynamic adapts to your processes and not the other way around. This allows corporate treasury, customer administration and accounting to continue to operate according to their internal standard procedures.
Collect your invoices in advance
It manages its cash flows predictably and obtains immediate liquidity. In this way it can meet recurring expenses, meet contingent needs, and improve its business ratios.
Access to a liquidity channel at competitive rates
It obtains liquidity, thanks to the commitment and standing of its client, and this allows it to have access to privileged banking channels, both in terms of adhesion times and economic conditions linked to the programs.
Access a simple, no-tie solution
Use the FinDynamic solution with no constraints, as needed, and it is immediately operational, with no burocratic or contractual ties.
What makes FinDynamic stand out from other Confirming solutions
A solution totally based on customer needs
Our approach is to study the needs and processes of our customer and choose the best solution.
The platform is natively integrated with your ERP
It means zero effort on the client’s IT side, FinDynamic is integrated with all ERPs and systems of funded institutions on the market.
Is a multi-product solution
With FinDynamic – through a single platform – the customer has integrated access to various Supply Chain Finance solutions (dynamic discounting, confirming, etc.).
Through a single platform, all of the client’s banking partners can be managed by virtue of integration with their portfolio management systems.
It's a multi-functional technological suite
FinDynamic is a hub that houses numerous sources of information useful for managing Supply Chain Finance solutions, such as credit rating, credit rating, ESG scoring, document collection.
Offers maximum customer and supplier support
FinDynamic offers dedicated support 24/7, thanks to an extremely competent multilingual team based in Italy.