Leveraging Fintech to Supercharge your Supplier or Vendor Assessment
In today’s highly competitive business environment, the effective and efficient selection of suppliers and vendors is one of the most important challenges facing corporations. If a company gets the right supplier or vendor, it can result in a solid and mutually beneficial relationship. If it gets the wrong supplier or vendor, then the results, such as supply chain disruptions, can be costly, sometimes disastrous.
Fintech CreditBPO partners with RBAP to help rural banks stay competitive
Pioneering fintech rating solution CreditBPO and the Rural Bankers Association of the Philippines (RBAP) have jointly announced a partnership in a move that supports the industry’s digitization efforts. The partnership will help streamline RBAP members' credit risk management workflows through quick turnaround times with auto-generated financial condition rating and benchmarking reports, focusing on actionable insights for prospective Small and Medium (SME) loan applicants and current SME customers. This will encourage risk-based lending within the SME sector, reduce its members' overall cost of lending, improving regulatory compliance and competitiveness that will spur SME loan portfolio growth, all enabled by technology.
CreditBPO Technology to help CMAP members improve Credit Risk Assessment, Benchmarking, and Compliance Processes
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