Any international operating business with subsidiaries in the countries covered by our network can use our Multi-Local solution if they want to reach following targets:
- Get local service with global aspects
- Maximise working capital for the entire group
- Keep international trade risks to a minimum
- Obtain relief in the context of international credit management
The coordination of the entire multi-local services between all the branches involved is usually carried out by a central contact person who is responsible for the project management. The project manager has a global view, both during the implementation of the different contracts and during the life cycle of the service itself.
YOUR BENEFITS
- Central management by a global project manager who coordinates the business relationship and communication
- Individual solutions according to local requirements
- Local contracts between BNP Paribas Factor units and their affiliates
- A competent partner in every country that coordinates the communication and the business process
- A uniform IT system for reporting, which is specifically tailored to local needs and language
See our explanation video for “Multi-Local Factoring”.