Reduce your invoice amount
On the CRX Marketplace you can operate dynamic discounting, a solution in the field of payables finance.
Dynamic discounting is a financing solution in which you pay your supplier liabilities on the basis of agreed discounts before the original payment term. This way, you can provide your supplier with liquidity and financial agility earlier. And you benefit from a discount income while effectively using your surplus cash.
CRX Markets supports two different models: the buyer-centric and the supplier-centric model. For both models, you can benefit from analytic tools that assist you in optimizing the deployed liquidity.
In the buyer-centric model, the buyer specifies an annualized discount rate for individual suppliers or supplier groups, which are fully transparent to the suppliers on the CRX Marketplace. The suppliers can execute the early payment of their invoice for this discount. Condition and limit management is managed by the buyer. The buyer can assign new suppliers directly to groups and thus to the predefined financing conditions.
In the supplier-centric model, the suppliers are able to submit a quote of their desired annual discount rate. The buyer can accept or reject the quote depending on their expected return. The buyer’s return expectations can be adjusted at any time and optionally made visible to the supplier. The liquidity made available is determined exclusively by the buyer.
With dynamic discounting you can generate considerable additional revenues. By paying an invoice before it is due, you benefit from a discount offered by the supplier. This has a positive effect on your balance sheet and increases your operating profitability.
In the event of liquidity surpluses, dynamic discounting allows you to reduce your cash holdings by paying supplier invoices early. This protects you from negative interest on your cash assets.
With dynamic discounting you can provide your suppliers with liquidity even before the agreed due date of the invoice. The supply chain is strengthened effectively and the relationship between buyer and supplier is improved.
Dynamic discounting can be easily rolled-out within your existing supplier terms with minimal technical effort. Without renegotiations of existing contracts or changes to the invoicing process, your supplier can offer dynamic discounts, allowing you to pay the invoice early.
How it works?
Clients who trust us
"The CRX marketplace offers a unified approach for our suppliers and is therefore a great fit to strengthen our supplier relationships. It also gives us the opportunity to work more closely with our partner banks while increasing liquidity and transparency."
Lee Edwards | Group Treasurer, Nestlé
"Supply chain finance with CRX Markets enables us to foster long-term partnerships with our suppliers while improving our financial position. CRX Markets' reliable and continuous support and non-bank financing options are crucial for us to realize the benefits of supply chain finance."
Johan Gyllenhoff | Head of Finance & Group Treasurer, Vattenfall
"With the reverse factoring solution from CRX Markets, we have successfully established another important component of working capital optimization. The supplier financing solution from CRX Markets offers the ideal framework for rolling out the program across national and international SAP company codes."
Johannes Helfrich | Treasury Manager, Doehler Group
"The collaboration with CRX Markets facilitates access to growing markets such as supply chain finance through the securitization of Approved Payables. In particular, CRX Markets' strong expertise, transparency, ease of use and automated processes convinced us to expand our partnership."
Thomas Finkenzeller | Senior Vice President, Portfolio Management, PIMCO
"With CRX Markets, we have found the right partner to optimize our working capital and account payables. We appreciate the high quality of service, the competence and expertise as well as the professional implementation and support of the entire project. "
Frank Kieras | Director Treasury Eckes-Granini Group
As a bank or investor, the CRX Marketplace offers you various options for investing in working capital financing solutions. You can purchase receivables from corporates at attractive returns.
Have we caught your attention?
Talk to our sales team. We’d be happy to show you in a demo what CRX Markets can do for your company.