Project Description

SABIC is a global leader in diversified chemicals with manufacturing reaching out to the Americas, Europe, Middle East and Asia Pacific. SABIC has more than 35,000 employees worldwide and operates in over 50 countries. Due to a rising number of business enquiries on the potential of supplier finance schemes, as well as strategic working capital needs, SABIC Capital (SABIC’s financial entity) was exploring the options for an appropriate Supply Chain Finance platform provider to respond to its changing eco-system.

Capital Chains supported SABIC Capital with their comprehensive SCF Provider Selection methodology which resulted in an integral provider segmentation upon which SABIC Capital is able to make a deliberate decision.

During the implementation phase, Capital Chains supported SABIC Capital with the alignment of the different departments and the business implementation of their dynamic discounting solution across the globe.

The insights that Capital Chains could provide us has helped us dramatically in selecting the right providers. They could tell us that this bank, for instance, has partnered up with this fintech firm you also are considering.

Eric Woons - Global Head of Cash Management, SABIC