Demica, the market-leading provider of specialized working capital solutions, and Capto Financial Consulting, a leading European financial consulting firm, recently announced a strategic partnership to market a complete supply chain finance solution. This partnership combines Capto’s expertise in consulting services within working capital management and structured finance with Demica’s product, Citadel SCF, an innovative supply chain finance tool that completely automates the financing process. The partnership will draw on the specific strengths of each partner to bring additional benefits to clients of Demica and Capto alike.

During the last 12 months, Demica and Capto have witnessed strong demand for supply chain finance solutions, particularly from companies within the manufacturing, retail, automotive and high tech sectors. Both buyers and suppliers are under pressure to improve the financial efficiency of the supply chain – improving payment terms, reducing prices and improving cash flow efficiencies. Supply chain financing is increasingly being viewed as a valuable addition to the working capital finance toolkit.  The successful implementation of a supply chain finance solution can result in both buyer and suppliers enjoying a substantial reduction of their working capital as well as an enhanced working relationship.

Phillip Kerle, Chief Executive Officer, Demica commented: “Capto’s expertise in working capital management solutions coupled with Demica’s Citadel SCF platform, which is designed to operate seamlessly across multiple jurisdictions, time zones, currencies, languages and operating systems, will enable us to offer our clients a complete supply chain finance solution.”

Martin Olsson, Partner, Capto, added: “Our strategic partnership with Demica demonstrates our shared vision of bringing world-class supply chain finance solutions to buyers and suppliers. We look forward to the benefits that our collaboration with Demica will bring our clients.”