ING Wholesale Banking can help you with

Supply chain finance

Aiming to improve your supply chain is important to any business. ING Wholesale Banking (WB)’s Supply Chain Finance (SCF) team can assist companies in improving the financial efficiency of their supply chains by reducing the working capital of both buyers and suppliers. In addition, SCF provides management with a new holistic view on their business by improving the alignment between finance and procurement functions.

SCF is the smart option for companies wishing to diversify funding sources as well as enrich and solidify the relationships they have with their trade partners. ING Wholesale Banking (WB) delivers value through an intelligent combination of outgoing payment services and web-based technology – connecting all trade partners onto one single web-based platform. The advantages of this include:

  • Transparent trade receivables/payables statuses
  • Automatic payments and faster funding
  • Customised support for efficient rollouts
  • Broad global network to support the supplier onboarding
  • Robust SCF legal structure based on best practices
  • Avoidance of any negative impact for both buyer and suppliers.

 

Through SCF, ING WB will help bring down the total costs in the supply chain and improve your company’s working capital. Our experts will provide your organisation with guidelines on how to accelerate collaboration between finance, purchasing, sales and trade partners, in order to build a healthy supply chain. Contact us and let us help optimise your business needs.

  • Instant liquidity to supply chain, helping buyers and suppliers to improve working capital
  • Optimisation of the P2P processes, positively impacting working capital and supply chain stability
  • Intelligent combination of outgoing payment services and web-based technology with transparency for all involved
  • Web-based portal for suppliers and buyers with reconciliation features and full electronic trading of invoices
  • Efficient global payment capabilities attached to the SCF services
  • Global network to support the supplier onboarding activities
  • Domestic teams who can provide your suppliers with support in their own language

Get in touch with our local office

Please get in touch with the listed office to discuss any enquiries you may have.

Select country

served by ING Belgium

ING Wholesale Banking
Avenue Marnix 24
B-1000 Brussels
Belgium

Denmark

served by ING Belgium

ING Wholesale Banking
Avenue Marnix 24
B-1000 Brussels
Belgium
Norway


ING to win Global Finance's Best Bank awards

January, 2016

Global Finance magazine has announced its World’s Best Treasury & Cash Management Providers 2016. ING has been awarded Best Bank Working Capital Optimization in Western Europe and Central Eastern Europe 2016. ING was also awarded as Best Treasury & Cash Management Provider 2016 in the Netherlands, Belgium and Russia.

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Best Bank for Financial Supply Chain Management in Western Europe 2014 (TMI)

March, 2015

ING has been 'Best Bank for Financial Supply Chain Management' in Western Europe in 2014 by Treasury Management International (TMI).

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Best Supply Chain Finance Providers Central & Eastern Europe 2015 (Global Finance)

March, 2015

ING has been awarded ‘Best Supply Chain Finance Providers’ in Central & Eastern Europe 2015 by Global Finance.

Read more