{"id":3485,"date":"2019-09-13T08:49:45","date_gmt":"2019-09-13T07:49:45","guid":{"rendered":"https:\/\/www.alvantia.com\/?p=3485"},"modified":"2019-09-13T08:49:47","modified_gmt":"2019-09-13T07:49:47","slug":"finalbion-at-the-forefront-of-innovation-after-implementing-the-alvantia-commercial-financing-software-platform","status":"publish","type":"post","link":"https:\/\/www.alvantia.com\/en\/finalbion-at-the-forefront-of-innovation-after-implementing-the-alvantia-commercial-financing-software-platform\/","title":{"rendered":"Finalbion, at the forefront of innovation after implementing the Alvantia commercial financing software platform"},"content":{"rendered":"\n

Since\nSeptember 1st, Fintech Finalbion<\/strong><\/a> moves\nto the avant-garde on innovation after implementing the Alvantia<\/span> commercial financing platform\ninto its own systems, backing up its disruptive business model with the most\ninnovative technological solution on the market. Finalbion, who specializes in\nthe financing of working capital, now operates under Alvantia<\/span>\nplatform, which\nhas been implemented with huge success by Alvantia\u2019s team and will be used by\nFinalbion from now on to manage their receivables and payables services, among\nothers.<\/p>\n\n\n\n\n\n\n\n

Roberto Guti\u00e9rrez, CEO of\u00a0Alvantia<\/span>, remarks that the company\u2019s technological solutions for commercial finance serves now a volume of over 50 billion assignments a year<\/span> <\/strong>at domestic and international level by all its customers,\u00a0and that the advantages of the platform can be grouped into six main areas:<\/p>\n\n\n\n

-Focus on satisfying customer needs and expectations.<\/span><\/strong> The platform includes an online portal that enables Finalbion clients and providers to access the most comprehensive facility on the market which facilitates Know Your Customer (KYC), compliance and money laundering prevention.<\/p>\n\n\n\n

-Functionality.<\/span><\/strong> It increases the range of commercial modalities, products and services offered by Finalbion up until now, and provides a comprehensive and cohesive solution to the needs of all the departments at Finalbion (sales, risks, legal, operations, accounting, collections, etc.).<\/p>\n\n\n\n

-Level of automation.<\/span><\/strong> Allows the management of a variety of clients and huge volumes of information by adapting risk control systems to clients’ credit ratings and minimising operational risks.<\/p>\n\n\n\n

-Scalability.<\/span><\/strong> The platform incorporates the functions of multiple entities, countries and currencies, etc., in order to guarantee its scalability and facilitate its international expansion.<\/p>\n\n\n\n

-Usability.<\/span><\/strong> Its user interfaces, both the BackOffice and the client and supplier portal, have been designed to optimise user experience.<\/p>\n\n\n\n

-Integration.<\/span><\/strong> The platform is completely integrated with Finalbion\u2019s structural technological systems.<\/p>\n\n\n\n

Jos\u00e9\nAntonio Garrote<\/strong><\/a>, Business Manager at Alvantia<\/span>, considers that \u201ctechnology\nmust be a resource enabling companies to reach their strategic and business\ngoals\u201d. He defines some of the characteristics that demonstrate the platform\u2019s\ntechnological capabilities. Those could be microservices architecture deployed\nin cloud systems and with complete API under online REST services, or\nfront-ends based on the Simple Page Application paradigm. All based on the most\nrobust and cutting-edge open-source frameworks on the market.<\/p>\n\n\n\n

Receivables and payables finance accounted for almost 20% of Spain\u2019s GDP in 2018<\/span><\/strong><\/h4>\n\n\n\n

According\nto a publication by the Spanish\nFactoring Association<\/strong><\/a>, Factoring and Confirming registered an increase of 13.45%\nand 14.38% respectively. In 2018, these commercial financing modalities managed\ncredits with a grand total of 234.159 billion euros, which represents 19.40% of\nthe GDP. It is worth mentioning the strong growth of international Factoring,\nwith an increase of 21.36% in 2018, a favourable contrast to the mere 1.31%\nincrease registered in 2017.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

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<\/p>\n

Continue Reading<\/i><\/a><\/p>\n","protected":false},"author":5,"featured_media":3430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[215,227,207,261,216,217,187],"tags":[],"class_list":["post-3485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alvantia-en","category-banking","category-factoring-en","category-news","category-reverse-factoring-en","category-scf-en","category-technology","not-single"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t