Within the Confirming activity, the management of sending remittances is a process that, a priori, can be trivial. However, this is a key phase in which different business areas of the entity are involved (such as Operations, Sales and Technology) and in which it is essential to successfully address one of its main problems: the management of the large variety of formats that have emerged over the years. (more…)
Roberto Gutiérrez (CEO – Alvantia)
For the World Factoring Yearbook – BCR publication in association with FCI
Just over a year ago in April 2020, Spain was in the throes of the first wave of the pandemic and plunged into a state of economic semi-paralysis. The vast majority of companies were closed, people were working remotely and the figures for unemployment, furloughs and temporary redundancy plans were growing each day. It seemed as if, to add insult to injury, an economic virus was following in the footsteps of the coronavirus.
On January 26th and 27th, the “Supply Chain Finance Summit” was held once again, BCR’s annual event where the latest trends in the sector are shown and where the leaders of the trade finance industry share their ideas.
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Confirming or Supplier Financing programs known as Supply Chain Finance (SCF) have proven to be a good tool for managing payments from companies as well as providing financing for their SME suppliers. Since its origin, the product has undergone many variations, improvements, and advances in the market, all of which have served to demonstrate how important it has become to its users as it continues to add value to them in particular and the market in general.
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Roberto Gutiérrez (CEO – Alvantia)
For the World Factoring Yearbook – BCR publication in association with FCI
It is not easy to talk about tools to generate liquidity for companies and economic crises when the world is going through the worst pandemic that most of us have ever known. This article is being written in early April in Madrid, Spain which is quite clearly one of the places most affected by this situation.
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Since September 1st, Fintech Finalbion moves to the avant-garde on innovation after implementing the Alvantia commercial financing platform into its own systems, backing up its disruptive business model with the most innovative technological solution on the market. Finalbion, who specializes in the financing of working capital, now operates under Alvantia platform, which has been implemented with huge success by Alvantia’s team and will be used by Finalbion from now on to manage their receivables and payables services, among others.
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For the fourth consecutive year, Alvantia has participated, as Gold Sponsor, in the Receivables Finance International Convention (RFIx), a key event in the trade finance sector that this year celebrated its nineteenth edition at the Marriott Grosvenor Square Hotel in London. (more…)
On 24 and 25 January, for the fourth consecutive year, Alvantia took part in the Supply Chain Finance Summit meeting held at the Grand Hotel Krasnapolsky in Amsterdam, bringing together the leading companies in the Reverse Factoring sector. The event, organised by BCR Publishing, had an ambitious programme focused on the latest trends in the SCF industry.
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For the third year in a row, Alvantia has sponsored the Receivables Finance International Convention (RFIx), which took place this year on 14 and 15 March at the Royal Horseguards Hotel in London.
