Supply chain finance enters the golden age

category:Finance
 Supply chain finance enters the golden age


It is understood that account quick financing and goods quick financing are the traditional superior products of Sunings supply chain finance, and convenient measures such as full line Shanghua and T + 0 lending have long been normalized. Since the beginning of this year, Suning has focused on the upgrading of its fast financing products. Based on the e-commerce acceptance bills issued by core enterprises, Suning has provided bill financing services such as bill discount and pledge loans to customers of a large number of small and medium-sized enterprises in China. On the basis of the original quick financing model, this paper uses Suning financial big data risk control to realize the automatic risk control model of the drawers pre credit and the information of the applicant, commercial ticket and front-hand information, which can automatically identify the trade background, and calculate the value of commercial bills according to the enterprise type, business data, historical cooperation and other data, so as to truly achieve real-time credit and automatic approval.

It is worth noting that since the outbreak of the epidemic this year, Suning financial has given full play to the financial strength of the supply chain to help enterprises resume work and production and help the economy recover. For example, on February 1, the first supply chain financing of 4.5 million yuan for epidemic prevention material production enterprises was successfully issued, and financial strength was used to assist the epidemic prevention war; in March, China Merchants Bank jointly launched the fighting the epidemic to help small and medium-sized enterprises to provide financing support and preferential interest rates for small and medium-sized enterprises; in April, Suning financial supply chain finance Carrefour factoring financing product was successfully launched to help suppliers recover funds in time, To speed up the turnover of accounts receivable, give full play to the financial strength, and boost the integrated development of the smart retail ecosystem; provide more than 100 supply chain financing for enterprises in the epidemic area and enterprises and dealers related to epidemic prevention and control, such as blue moon and drip dew, with an investment amount of 170 million, etc.

Adhering to the service tenet of more inclusive in the whole scene, Suning financial supply chain financial business will provide financing services for customers, especially small and medium-sized enterprises in the upstream and downstream of the supply chain, with more efficient, more inclusive and safer products, so as to effectively solve their financing difficulties and high financing pain points, and effectively help the development of small and medium-sized enterprises.

The pain point of technological innovation

In recent years, the survival and development problems of small and medium-sized enterprises need to be solved, especially the sudden new crown epidemic situation makes the small and medium-sized enterprises even worse. In order to alleviate this phenomenon, at present, the financial service of small and medium-sized enterprises has become an important part of promoting the structural reform of financial supply side and enhancing the ability of financial services to the real economy, and supply chain finance has also become an important breakthrough to solve the financing problems of these enterprises. The role of science and technology in the field of supply chain finance is becoming increasingly prominent, and it has become a sharp weapon for the development of supply chain finance.

We should know that enterprises can not only borrow money through a box of goods and an order, but also obtain credit financing in Suning finance through bills, credit value, purchase installment, POS flow, etc. Behind this, naturally, it is inseparable from the support of strong and advanced financial technology capabilities. Based on data risk control, financial AI, blockchain, blockchain, financial cloud, biometric identification and other core technologies, Suning finance has specially created the whole process solution of supply chain finance technology, using online means to improve the financing efficiency of enterprises and solve the core pain points of traditional supply chain financial mode.

Especially in the field of risk control, Suning financial has built a data anti fraud platform, risk control data service platform, risk control decision-making platform, enterprise credit reporting and risk early warning platform, and builds an intelligent risk control matrix to solve the difficulty of risk control faced by supply chain finance.

For example, Suning financial applied the blockchain technology to chattel pledge and inventory pledge financing, launched the blockchain library financing chattel pledge system, and solved the problem of lack of credible supervision. In order to solve the problem of information accuracy and authenticity of pledge, Suning finance uses advanced technology to standardize, intelligentize and blockchain the pledge. All business related parties can act as the nodes of the blockchain and access to the chattel pledge blockchain alliance through distributed access, and update the collateral deposit information synchronously. In the scenario alliance chain, customers, regulators, insurers, quality inspectors and other participants perform their respective duties and jointly supervise, realizing the integration of information flow, logistics, cash flow and perceived flow. With science and technology enabling, Suning finance is striving to seize the blue ocean of supply chain finance. In the future, Suning finance will continue to focus on financial technology innovation, effectively improve the financing efficiency of small and medium-sized enterprises in the industrial chain, solve the diversified financing needs of enterprises in different scenarios, promote the financial innovation and sustainable development of the supply chain, and help the real economy achieve high-quality development. Source: editor in charge of mass news: Chen Tiqiang_ NB6485

For example, Suning financial applied the blockchain technology to chattel pledge and inventory pledge financing, launched the blockchain library financing chattel pledge system, and solved the problem of lack of credible supervision. In order to solve the problem of information accuracy and authenticity of pledge, Suning finance uses advanced technology to standardize, intelligentize and blockchain the pledge. All business related parties can act as the nodes of the blockchain and access to the chattel pledge blockchain alliance through distributed access, and update the collateral deposit information synchronously. In the scenario alliance chain, customers, regulators, insurers, quality inspectors and other participants perform their respective duties and jointly supervise, realizing the integration of information flow, logistics, cash flow and perceived flow.

With science and technology enabling, Suning finance is striving to seize the blue ocean of supply chain finance. In the future, Suning finance will continue to focus on financial technology innovation, effectively improve the financing efficiency of small and medium-sized enterprises in the industrial chain, solve the diversified financing needs of enterprises in different scenarios, promote the financial innovation and sustainable development of the supply chain, and help the real economy achieve high-quality development.