Banco BPM, as part of a digital transformation and reorganization program of the Supply Chain Finance area, chooses Exprivia’s technological solution to strengthen its position in the Factoring market. <\/em><\/p>\n Exprivia’s solution brings together the skills gained from over twenty years of specialisation in the field of Factoring<\/strong> (a form of short-term financing to support working capital that enhances supply chain relationships, containing risk for the bank and facilitating access to credit for SMEs) and declines them into a mix of functional components that support the entire life cycle of the service.<\/p>\n Particular attention is given to operational and credit risk monitoring, the efficiency of accounting activities and the management of the relationship with sellers and debtors, who have the opportunity to interact with the bank in a completely digital way.<\/p>\n Exprivia’s Home Factoring portal<\/strong> hosts interactions with assignors and debtors already accredited, while at the same time providing the tools for launching promotional campaigns to clusters of potential new customers. Through the platform, in a few clicks, it is possible to manage the submission of requests, contracts and the progress of operations, reducing costs and time. <\/p>\n The collaboration between Banco BPM and Exprivia includes an initial phase of integration of the solution with the bank’s IT systems and a three-year agreement for the subsequent running phase.<\/p>\n “With this initiative, we are providing a large company like Banco BPM with a long experience gained in the bank credit sector and over twenty years of specialization in the field of Factoring, of which Exprivia is the market leader<\/p><\/blockquote>\n comments Filippo Giannelli<\/em>, Sales Director Private Sector of Exprivia<\/strong>.<\/p>\n Thanks to this partnership, Banco BPM will be able to manage all the operational, accounting and regulatory activities of Factoring, with a complete and flexible solution that promotes digital transformation in the banking sector”.<\/p>\n “We are very pleased to be able to use the service made available by Exprivia<\/p><\/blockquote>\n declares Roberto Bonadonna<\/em>, Head of Supply Chain Finance at Banco BPM<\/strong><\/p>\n Thanks to this new platform, we are convinced that we can optimize the management and access to credit for our customers. This is a further step that sees the Bank committed to the digital transition of the services offered, expanding the range but above all speeding up and simplifying financing operations”. <\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":" Banco BPM integrates Exprivia’s proprietary platform into the information system, making the assignment of receivables simpler, faster and safer for companies. Italy’s third-largest banking group relies on Exprivia’s twenty-year expertise as a partner in this business area<\/p>\n","protected":false},"author":2,"featured_media":8500,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[134],"tags":[144],"class_list":["post-8499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-history","tag-banking-finance-insurance"],"acf":[],"yoast_head":"\nExprivia Solution<\/h2>\n
Results<\/h2>\n