dairy-firm-adopts-deutsches-online-trade-service

Dairy firm adopts Deutsche's online trade service

Dairy products company PT Frisian Flag Indonesia will use Deutsche Bank's automated web-enabled trade payable financing solution to help with the financing needs of its smaller suppliers.
Deutsche Bank has announced that dairy products company PT Frisian Flag Indonesia has adopted its automated web-enabled trade payable financing solution, the first company in Asia to do so.

The online and automated solution û db-SupplierFinance û is the first joint electronic solution offered by its cash management and trade finance businesses, the bank said.

Using this service, clients are able to manage electronic payments to suppliers through db-eBills, the bankÆs secure B2B electronic bill presentment and payment platform for invoicing and financial processing.

ôWe are offering this product to our corporate clients, not to finance them directly but to help them with the financing needs of their smaller suppliers,ö says Shivkumar Seerapu, trade product...
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