The Supply Chain Finance @ Siemens Program helps to improve the cash flow of selected Siemens suppliers and optimizes their working capital. The cooperation between Siemens and its suppliers will become even more efficient with the utilization of the SCF Program.
Siemens Financial Services is responsible for the introduction of the Program and the organization of cooperation between the involved partners.
For providing a platform for the management of funding, Siemens has opted for Orbian*, one of the leading companies in the field of supply chain finance solutions. Through its Internet-access for Siemens suppliers the Orbian platform offers a very efficient and user friendly interface.
*Siemens has chosen Orbian, the leader in the development and management of global, major, successful Supply Chain Finance (SCF) programs, to provide the financing platform and act as the buyer of the receivables. Founded by SAP and Citibank in 1999, Orbian is now held privately and dedicated to SCF.
