Citi has announced the launch of a new working capital analytics service that combines diagnostic capabilities with visualization technology and real-time interactive features to deliver enhanced visibility and insights across an organization’s supply chain.
Citi Working Capital Analytics helps drive strategic decision-making for a company’s treasury, procurement, and shared service center organizations. The tool provides in-depth analysis across a company’s entire supply chain, and enables clients to dynamically interact with their payables data to explore customized recommendations for driving working capital efficiencies, process automation and reduced supply chain risk. Citi Working Capital Analytics available to clients globally via the Citi Interactive Solutions platform.
Naveed Sultan, Global Head of Treasury and Trade Solutions at Citi said, “We recognize that ongoing technological innovation is essential to help our clients better adapt their operating models to shifting market and business demands. The launch of this new industry-leading, interactive capability is aligned with our aim to be the world’s leading digital bank that harnesses digitization, technology and analytics to provide differentiated value to our clients.”
Citi Working Capital Analytics is a component of Citi Integrated Payables Solutions, a suite of advisory, analytics, and payment services that assists organizations in optimizing working capital and maximizing efficiency across their complete supply chains.