citi supplier finance a powerful early payment solution ... · • speed access to funds with...
TRANSCRIPT
Citi® Supplier Finance is an easy-to-use,
low cost Web-based solution designed
to help you improve working capital
by turning your receivables into cash
faster.
Enhanced visibility of approved invoices• Access payment details online as
soon as an invoice is approved or
materials are received
• Automatically or manually request
early payments on a non-recourse
basis
• More predictable payment cycles
achieve lower debt and better
financial ratios
Accelerated collections processes• Reduce Days Sales Outstanding
(DSO)
• Speed access to funds with
electronic payments
• Free up borrowing capacity
• Lower the cost of collections
• Decrease credit and collection risk
Citi® Supplier Finance A powerful early payment solution for Walmart suppliers
A cost-effective financing option• With access to early liquidity, you can
enhance working capital to:
— Fund large orders
— Rebuild inventory
— Reduce reliance on external
sources of capital
— Lower borrowing costs
Streamlined account reconciliation and forecasting• View, print or download payment
details including:
— Amount
— Remittance information
— Maturity date
• Timely information improves
forecasting of cash flows
Benefits at a Glance
• Enhanced payment visibility
• Improved payment cycles
• Accelerated cash collection
• Reduces financing costs
• Increases liquidity
Citi® Supplier Finance is… …Fast. Easy. ReliableYou receive funds earlier than the
standard term– helping you improve
cash flows and the accuracy of your
forecasting.
Why Citi for Supplier Finance?Citi has suppliers in 36 countries
participating in well over 600 Supplier
Finance programs
• US: 40 buyers, 4,000 suppliers
• Europe: 58 buyers; 1,000 suppliers
• Asia: 387 buyers, 50,000 suppliers
• Latin America: 151 buyers, 2,250
suppliers
In addition, Citi is the only major
supplier finance provider that owns
and operates its processing platform.
For our suppliers that means there is
never an interruption in service since
Citi has complete control over the
quality, functionality and security of
the system and its processes.
Learn More To Sign-Up or Learn More about
the Citi Supplier Finance service,
simply contact:
Toll-Free: 1.888.382.1476
Email: [email protected]
Global Transaction Services www.transactionservices.citi.com
© 2010 Citibank, N.A. All rights reserved. Citi and Arc Design and Citibank are service marks of Citigroup Inc., used and registered throughout the world. All other trademarks are the property of their respective owners.
Calculate the Benefits Example 1: $100,000 approved payment with 90 day payment terms
Payment Amount 100,000
Terms 90 day payment terms
Days Discounted 78
Suppliers Cost $379
Discounted Proceeds $99,621
Effective Discounting Rate .38%
On $100,000 invoice with terms of 90 days, you can receive $99, 621 in 12 days
* Example purposes only. For more details regarding the economic benefit of the Citi® Supplier Finance service, please contact us at: 1.888.382.1476
4. You may opt to
receive early payment
on the invoice, on a
non-recourse basis
and at competitive
discount rates
1. Walmart approves
your invoice and
sends instructions
to Citi
2. Citi sends you an
e-mail indicating that
the payment has
been approved3. You log onto the Citi
Supplier Finance Web
site to view, print or
download payment
details
Buyer
Citi® Supplier
Finance
5. Citi transmits
payments to you
electronically
Supplier
Here’s how it works.