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E-invoicing, SCF & E-procurement

HSBC targets simplified receivables process with DART digital solution

Monday 13 May 2019 | 07:56 AM CET

HSBC has announced its Digital Accounts Receivables Tool (DART) that aims to improve the supply chain, cut down on manual tasks and enhance working capital efficiency for sellers.

First launched in India by HSBC’s Global Liquidity and Cash Management (GLCM) business, HSBC DART is designed to simplify and automate the exchange of information between sellers and buyers, through a secured digital information exchange channel.

The solution, which is supported by the use of tokenisation technology, is available online or via an app from Google Play.

HSBC recommends DART as especially useful for corporates in the fast-moving consumer goods, pharmaceutical and technology industries.

More: Link
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