Confirming: Transformation of the supplier payment management service Qorus Banking Innovation Awards 2022

Submitted by

CaixaBank

Premium
02/06/2022 Banking Innovation
Confirming is a fully digital working capital solution in which our customers give CaixaBank the responsibility of managing their payments to suppliers
Innovation details
Country
Spain
Category
Reimagining the Customer Experience

Innovation presentation

During the years 2020-2021, Caixabank made a global transformation of the supply chain finance service known as Confirming. Confirming is a fully digital working capital solution in which our customers give CaixaBank the responsibility of managing their payments to suppliers. We offer both our customers and their suppliers a management space in their homebanking in which they can see and manage their payables/receivables. Also, we offer our customers the possibility of extending the payment terms of their invoices and the supplier to anticipate their receivables. These services are available both in our web platform and in our native app for iOS and Android.

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