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Our deep insight into the financial market means we understand factoring and banking solutions, pricing and mindset in detail.
NORTH’s Financial Procurement specialists help the CFO achieve the best possible working capital, the best cash flow, the lowest interest margin and the best terms.
There are various financial products that can help companies improve their working capital. However, not all of them are suitable for every business or situation. Our team of experts has extensive knowledge of the different options and works closely with the CFO to find the solutions that best fit the company’s needs and situation.
Make the right implementation. Once SCF or factoring is implemented, there are often problems with the operational implementation. This hurts the business and creates unnecessary inconvenience for those who are not measured by the success of working capital. For example, it’s important to align the new processes that the bank’s systems will require. NORTH helps ensure the right implementation.
CFO, Accounting Manager, Finance Manager – well, whatever your position, this financial guide is for you if you are a decision-maker in a finance function responsible for the company’s financing, working capital, currency policy and risks in these areas.
A course with us typically lasts two months. Based on your specific needs, we review your customer base and potential to optimize working capital. We bring our analysis to the negotiating table with suppliers and business partners, where we work with you to find a setup that best matches your needs and goals while also benefiting your business partners.
You present your challenges, needs and wishes. We present the potential to optimize your working capital and agree on an analysis, benchmarking, assessment and recommendation.
NORTH performs an in-depth analysis of your customer base and the potential to optimize your working capital, including what can be realized through invoice factoring or purchasing and supply chain finance.
Meetings are arranged with the relevant suppliers to present the analysis and assessment. We work together to negotiate solutions that benefit all parties.
Based on the negotiation and supplier offers, NORTH presents our recommendation on which solutions and suppliers best match your company's needs and goals.
“As an impartial party, NORTH has acted extremely professionally, created increased transparency – and negotiated prices and terms that I am very satisfied with, as these are significant savings. The negotiation result also includes a more relaxed security package, which is worth keeping in mind. They receive my highest recommendations.” – Lars Zinglersen, CEO.
“We have been very satisfied with the process with NORTH, who analyzed our factoring solution. They identified areas that could be optimized, which were subsequently implemented, resulting in significant savings. In addition, the time spent on my part has also matched our initial discussions, which is important to include in the overall result. Financial Procurement receives my highest recommendations as a result of this process.”
CFO Henrik Rennison Hansen says the following in this regard: “NORTH has advised us on an assessment and optimization of our factoring buy-back program. We had an expectation that we had competitive prices as we had previously tendered ourselves, but NORTH’s insight into the market, advice and benchmarks meant that we achieved even better solutions and prices than we thought possible. As a result, we have been very satisfied with their work as an impartial party.”
“We are very satisfied with their work and output. The entire process was handled efficiently and professionally by NORTH.”
– Claus Østergaard Jensen, CFO.
CFO Henrik Knudsen says that he has been satisfied with the process handled by NORTH and the outcome.
“NORTH has acted in a structured and professional manner throughout the entire process, where NORTH has contributed to the creation of a very satisfactory Reverse Factoring program, which meets our expectations. NORTH’s competencies in the financial area have been valuable, which is why we find them recommendable.”
Our experts have many years of experience in the financial sector and the payments market, where they have created a large number of payment and financial solutions. Read about some of the 150+ references NORTH Financial Procurement has helped achieve better solutions and prices. You can also see our team.
Fill out the form if you are interested in learning more about how we can help you achieve the optimal individual financial solution at the best price.
Contact us for a no-obligation chat about your financial solutions.
Benjamin Feldman, Partner and Director,
Financial Procurement
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