3+1 reasons why Posti Group chose OpusCapita’s supply chain finance solution
When Posti Group made the decision to launch the supply chain finance program it also looked into the traditional supply chain finance solutions offered by banks. After comparing the options, Posti chose OpusCapita as its partner for many reasons.
“Firstly, OpusCapita’s service solution and trading platform is highly automated. This makes it possible to easily include a large number of suppliers in the finance program, and also those SME suppliers that are typically left out of other supply chain finance programs,” says Ville Vasunta, Sourcing Manager, Posti Oy.
OpusCapita’s Supply Chain Finance service uses the trading platform of world market leader PrimeRevenue. OpusCapita has developed a digital service model and a digital registry process especially for suppliers which lowers the threshold to participate in the program.
“Another considerable benefit is that we are not tied to any banks, which guarantees competitive financing. Our current financer is a European bank and we are currently requesting tenders from Nordic financial institutions.”
Thirdly, Ville Vasunta mentions OpusCapita’s service which allows the purchasing organization to launch the financing program in an agile way.
“We received a comprehensive analysis of our suppliers and a ready proposal stating who to offer the financing program to in the first stage. OpusCapita’s experts also take care of the system integration, the connections with financial institutions and contacting suppliers and connecting them to the program.”
Ville Vasunta and Jukka Pöytälaakso, director of one of Posti’s suppliers, both feel it is important for the service to be easy for suppliers to use.
“The browser-based trading platform is incredibly easy to use and required no investment from us. Financing of sales receivables is enabled with just three clicks, and OpusCapita’s expert support services are just a phone call away,” says Pöytälaakso.
READ MORE on supply chain finance: Supporting key suppliers is a win-win strategy.
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