The unique selling points and distinctive features of HSBC’s Supply Chain Finance proposition (be it conventional or Amanah) makes it easy for suppliers to join. With a few simple steps and minimum documentation, suppliers may quickly start receiving early payments for their approved invoices.
HSBC’s extensive global network provides the programme with more local HSBC staff to engage with suppliers in the local language, culturally aligned, in person with the prospect to provide translated material. Our structuring expertise and dedicated programme managers are committed to ensuring the success of the programme during its lifetime.
HSBC’s Supply Chain Finance platform enables cost savings by streamlining procure-to-pay and order-to-cash processes for both buyers and suppliers - unifying suppliers’ payments under a single model, develops straight through process characteristics from a treasury perspective and allowing auto-debit payments at maturity, hence reducing the payment-processing costs for buyers. Buyers may take advantage of HSBC’s SCF Dynamic Discounting feature, providing buyers with the opportunity to use their excess cash to self-fund early payments to suppliers.
More importantly, HSBC is well positioned to help customers meet their sustainable objectives via its Sustainable SCF, a proposition which integrates Environmental, Social and Governance (ESG) considerations into the programme by linking supplier early payment charge to suppliers’ sustainability credentials.