Global Finance Names the World’s Best Supply Chain Finance Providers 2013
NEW YORK, May 16, 2013 – Global Finance magazine has released its sixth annual rankings for the World’s Best Supply Chain Finance Providers, to be published in an exclusive survey in the July/August 2013 issue.
Global Finance launched the awards in recognition of the growing significance of the supply chain and the various financing solutions that are now available to enhance working capital and reduce DPO and DSO for buyers and suppliers. Global Finance selected winners across sixteen global and eight regional categories.
Global Finance’s editorial team — with input from industry analysts, corporate executives and technology experts — selected the best providers of supply chain financing and management services. A variety of subjective and objective criteria were used for choosing the winners. Factors considered included: market share and global coverage, product innovation, customer service, technology, execution skills and client-specific implementations.
“With a moderate recovery only now on the horizon in the US and the crisis in Europe continuing, major source countries such as China and Brazil are starting to feel the effects of the global slowdown, with GDP growth figures dramatically declining over two years ago. This has an impact on multinationals’ supply chains, and companies are ever-more cognizant of the need to ensure they have secure, stable suppliers, with the financing they need to flourish,” said Joseph Giarraputo, publisher and editorial director of Global Finance.
“The Best Supply Chain Finance Providers are those that provide cost savings, working capital benefits and help ensure the security and stability of multinational supply chains,” Giarraputo said.
|Best Global Supply Chain Finance Provider - Bank:||Citi|
|Best Global Supply Chain Finance Provider - Non Bank:||PrimeRevenue|
|Best Supplier Support and Enrollment:||Ariba|
|Best Payables Supplier Financing Solution:||Orbian|
|Best Pre-Shipment Financing Solution:||Standard Chartered|
|Best Customer Implementation of Supply Chain Financing Solution:||The IFC’s Global Trade Supplier Finance (GTSF) program and GT Nexus|
|Best Web-Based Supply Chain Financing Solution:||PrimeRevenue OpenSCi|
|Best Platform Connecting Buyers, Suppliers and Financial Institutions:||GT Nexus|
|Best Integrated Trade, Supply Chain Finance and Cash Management Solutions:||Standard Chartered|
|Best Inventory Management:||GT Nexus|
|Best Trade Document Management:||Citi|
|Best Analytics for Credit Scoring and Risk Assessment:||Dun & Bradstreet|
|Best Invoice Discount Management:||Taulia|
|Best Supply Chain Risk Consulting Services Provider:||FM Global|
|Best Supply Chain Risk Insurance Provider:||Allianz|
|Central & Eastern Europe:||UniCredit|