Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Risks associated with capital are crucially linked to the well-being of supply chains. Numerous suppliers face difficulties due to price fluctuations and extended payment periods. Addressing the necessity to optimize working capital is vital for achieving business success. By adopting a connected strategy that encompasses buyers, suppliers, and financial providers, organizations can leverage data to introduce innovative financing solutions that enhance working capital availability while benefiting all participants. This approach allows suppliers to access cash at more favorable terms, while buyers can ease the burdens in their supplier interactions. Consequently, the entire supply chain thrives within a collaborative and healthy framework. By implementing invoice discounting programs for suppliers, businesses can increase their cash returns and decrease their cost of goods. Furthermore, offering these programs at rates that are lower than what suppliers would typically pay for borrowing can help minimize capital expenses, secure a reliable supply, and lead to reduced overall costs in production. This holistic approach not only strengthens relationships but also promotes sustainable growth across the supply chain.
Description
Parafin delivers the essential connective framework that strengthens and sustains financial services. We manage various aspects such as sourcing, underwriting, origination, servicing, compliance, and risk management, among others. Our journey begins with exceptional underwriting practices. Utilizing advanced machine learning models, we analyze data from millions of businesses spanning diverse industries to assess eligibility for offers and optimize the experience for merchants. Additionally, we have developed a sleek, white-labeled user interface that integrates effortlessly into your current platform. We assume the risk and guarantee that our offerings adhere to a multitude of government regulations. By expertly navigating the intricacies of capital markets for you, we ensure a smooth operational flow. Collaborating with top-tier financial institutions, including Jefferies and Silicon Valley Bank, allows us to maintain a consistent influx of funds to support your merchants. Beyond merely providing a framework, our all-inclusive solution delivers a comprehensive financial services program tailored to meet your needs. In essence, we empower businesses through seamless access to capital and compliance, enhancing their overall functionality and market presence.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Amazon
No
Vercel
No
Visa Click to Pay
No
Walmart
No
Worldpay
No
Integrations
Amazon
Yes
Vercel
Yes
Visa Click to Pay
Yes
Walmart
Yes
Worldpay
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Infor
Founded
2002
Country
United States
Website
www.infor.com/products/supply-chain-management/supply-chain-finance
Vendor Details
Company Name
Parafin
Founded
2020
Country
United States
Website
www.parafin.com
Product Features
Product Features
Financial Services
Analytics
No
Branch Optimization
No
Channel Management
No
Compliance Management
No
Customer Engagement
No
Performance Management
No
Risk Management
No