The BPER Banca Group Chooses PlusAdvance to Optimize Supply Chain Finance

30/05/2023

PlusAdvance is excited to announce its strategic partnership with the BPER Banca Group, a key alliance aimed at enhancing innovative solutions in the field of Supply Chain Finance.

Union of Forces for Financial Optimization

Thanks to our cutting-edge cloud platform, we streamline the management of financing solutions offered by BPER. This enables companies to improve supplier payments and secure discounts by paying in advance.

More specifically, the partnership includes the use of various innovative services designed to accelerate and enhance the cash flow management of the bank’s corporate clients. These include Confirming, which leverages pre-approved credit limits to allow clients to advance payments to suppliers while extending their own payment terms, and Dynamic Discounting, already part of the bank’s offering, which enables businesses to optimize liquidity by paying suppliers early in exchange for a discount.

The Impact of the Partnership on the Italian Supply Chain Finance Landscape

According to data from the Osservatorio Supply Chain Finance of the Politecnico di Milano, the Italian SCF market reached impressive figures in 2022, highlighting how strategic this tool has become for businesses. Our cloud platform is not just a tool but a true catalyst for optimizing working capital, enabling companies to maximize the benefits of all available market solutions, including services such as Reverse Factoring.

We are proud to support one of the most important banking groups in our country with the technology behind our Supply Chain Finance platform. Optimizing working capital management remains a top priority for businesses, which is why we continue to invest in highly innovative solutions that enhance corporate liquidity—helping companies safeguard their cash flow from the impact of rising interest rates.
Massimiliano Gattari
CEO PlusAdvance
Signing this partnership is a great source of satisfaction for us, as it provides Italian businesses with yet another strategic financial tool. As a bank, we have always been committed to supporting the Italian industrial fabric through dedicated initiatives and financial products. This agreement with PlusAdvance marks another step forward, allowing us to leverage a technologically advanced and innovative partner to streamline operational processes and improve the efficiency of pre-approved credit facilities.
Davide Vellani
Head of Corporate Banking Division and Global Transaction of BPER Banca
The integration of the PlusAdvance platform further enriches the range of innovative solutions our company offers to support Italy’s key industrial supply chains. This agreement expands our service capabilities, enabling a fully digitalized user experience in line with the features of our proprietary WIP application, which serves as the core front-end for managing corporate client operations.
Matteo Bigarelli
CEO PlusAdvance

Ultimately, this partnership is more than just a combination of services—it represents a bridge to a future where operational efficiency and optimized working capital management become the standard for Italian businesses. We embark on this journey with pride and dedication, fully aware of the value we bring to the country’s economic landscape.

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