CASE STUDY

Supply Chain Finance

SCF platform for a global bank

ING - NETHERLANDS
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When ING Bank N.V. was looking to enhance their Supply Chain Finance offering for its customers, it chose Demica’s technology platform as part of their enhanced offering. 

Our versatile technology completely automates the SCF process, linking the buyers, suppliers and the bank within one intuitive web-based system which collects, verifies and displays payables data for trade and settlement in a real-time, secure environment. 

Demica adapted its SCF platform to support ING’s specific business processes and interfaces. We then white-labelled the client interfaces and translated them into a variety of languages. 

Our dedicated team works closely with ING to ensure a swift and robust routing of data submission and the ongoing invoice processing.  Demica’s platform efficiently manages ING’s rapidly growing number of cross-border, multi-currency SCF programmes across a diverse range of clients across the globe and, after five years of continuous development based on their evolving requirements, has one of the industry’s richest feature sets.

 

“DEMICA have built a highly robust and reliable platform that supports the most complex of supply chain finance programmes. DEMICA’s expertise and understanding of our business needs are exactly what we look for in a business partner.”
OLIVER pETERSEN
— ING Commercial Banking
100%
Annual funding growth rate
5 years
Length of relationship