Purchase Order Financing (POF)
FinShare PO Financing module (POF) is used to provide pre-shipment financing to the customers. The product can be configured to be either Buyer centric or Supplier centric. FinShare-POF provides a powerful entry into supply chain financing by capturing the customer’s business at the early stage.
PO has pre-shipment financing based upon the Purchase Order and/or Pro-Forma Invoice generated upon approval by the seller. The module can be integrated with a customer’s ERP system so that PO and shipment information can flow into FinShare and be processed seamlessly and automatically.