BNP Paribas Factor: always striving for greater agility for its clients

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As the current environment is notably marked by supply chain tensions, cash flow management remains a key challenge and a major concern for French companies.
Factoring is one of the most suitable solutions for safeguarding cash flow, and the market's growth of more than 14% 1 in the first half of the year demonstrates the interest in this solution, which is clearly supporting the economic recovery.

Companies looking for this type of solution need responsiveness, a tailored response offering them the best possible financing structure, as well as personalized support in implementing the technical tools.

At BNP Paribas Factor, to meet these expectations, dedicated teams are assembled according to the expertise required: company segmentation, business sectors, client challenges and needs...
For Corporate tenders, our Key Account Managers form a project team under the responsibility of the Commercial Division.
The operational, legal, technical and IT departments then join the working groups to form a Task Force, while a steering committee monitors the progress of requests in real time.

We conduct a 360-degree impact assessment to identify potential obstacles to the project and provide appropriate solutions. The Task Force reviews the specifications point by point and line by line. This makes it possible to develop new technical solutions, adapt our product range or extend our geographical coverage. The complementary skills and expertise of the Task Force's members ensure continuous adaptability.

The Task Force also includes members of the Client Technical Assistance (CTA) team. From the initial expression of needs and throughout the life of the contract, these employees support and train our clients in using the tools, with a focus on ease of use and efficiency. The role of CTA is essential in supporting and onboarding companies.
From the prospecting stage, this team provides expert advice on the feasibility and optimization of client requirements, through to presenting the most appropriate solution. During implementation, all questions are addressed, all files are tested and the buyer database is created.
Today, we can attest to the effectiveness of CTA through feedback from our clients. Its innovative approach, working methods and responsiveness are widely appreciated.
More than ever, solidarity is essential. BNP Paribas Factor and all its teams are #HereForYou to provide you with all their expertise.
Discover all our solutions at https://factor.bnpparibas/ and follow us on LinkedIn!

1Source: ASF

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