Liquid Capital launches supply chain payment program

Friday 15 November 2013 08:14 CET | News

Liquid Capital, a Canada-based franchisor specializing in alternative financing, has launched Supply Chain Payment Program (SCPay) to enable companies streamline the supply chain account management and payment.

SCPay provides a way to standardize accounts payable terms. Moreover, it provides early payment on approved supplier invoices. SCPay also provides detailed reports and analytics, available on a cloud based system which meets Sarbanes-Oxley 404 audit trail, workflow and control requirements.

Founded in 1999, Liquid Capital is an international network of franchise owners or ‘principals’ who help businesses row through factoring, a specialized financial service in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. Liquid Capital currently has a network of approximately 60 franchise owners in North America and Mexico.

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Keywords: Liquid Capital, supply chain payment program, account management, accounts payable, Sarbanes-Oxley 404, invoices, accounts receivable
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech

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