Cash against data - ICC UK whitepaper (download)
PrimaTrade introduced the first "cash against data" supplier finance programs to the market in early 2023.
As we near the end of 2024, approaching 700 companies in more than 25 countries now rely on us to deliver significant benefits for our clients and their suppliers using "cash against data".
Our clients are corporate CFOs and treasurers who have supply chains involving manufactured goods such as garments, food, furniture, components, etc.; broadly, these are goods that are shipped in containers by sea, air, rail or road.
Our clients benefit from savings on the cost of goods, automation in their finance and accounts payable teams, and additional working capital.
We have been working with the International Chamber of Commerce in the UK (the ICC UK) and the Centre for Digital Trade and Innovation (C4DTI) for nearly 18 months to validate "cash against data" as a methodology for global trade and trade finance of global relevance.
Here is the result of our joint work.
Our joint white paper confirms "cash against data" as the benchmark digital standard for supply chains involving manufactured goods.
Here is the link for the Cash Against Data whitepaper download. No credentials are required: [contact us if you have any trouble with the link]
ICCUK Primatrade Cash against data paper.pdf
Download File • 3495KB
If you wish to read the whitepaper online, please click on the image below:
The benefits of using cash against data are immediate, realised with minimum IT effort and can be overlaid on top of existing SCF programs.
Contact us today to discover how cash against data provided by PrimaTrade can digitalize your supply chain, boost your working capital and save on your spend
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