Elcom Systems Ltd
EVOLVE eFunding, advance invoice funding and supply chain finance. Suppliers funded on the basis of public sector purchase orders or invoice. Buyers approve purchase orders and invoices, for funding without risk in an automated process. We connect suppliers to finance from funders who accept risk at lower rates than normal.
- Low cost working capital for suppliers
- Working capital provided at PO stage, not invoice, therefore earlier.
- Purchase Order and Invoice finance.
- Automated processing
- Secure Connectivity
- Open standard technology stack
- Seamless interface to buyer ERP and other purchasing/finance systems
- Easy to set up
- Improved cash flow for all suppliers
- Management of liquidity in supply chain and security of supply
- Local economic benefits from enhanced liquidity
- Improved purchasing/AP processes
- Potential to generate returns for buyers
- Cost reduction throughout process
- Supports SME cash flow and stability